Tag : bridge loan

Lument Closes $13.8 Million Bridge Loan for Acquisition of Nashville Community
Banking News

Lument Closes $13.8 Million Bridge Loan for Acquisition of Nashville Community

Fintech News Desk
Lument recently announced the closing of a $13.8 million proprietary bridge loan to facilitate the acquisition and renovation of Covenant Crossing, a 110-unit garden-style multifamily community in Nashville, Tennessee. Managing Director Colin Cross and Associate Director John Sloot led the transaction for Lument, which was brought to Lument by John Brickson of Old Capital. Latest Fintech Insights: MyGate Acquires MyCommunity......
Lument Provides $25.1 Million in Fannie Mae Financing for Portfolio of Colorado Affordable Communities
Banking News

Lument Provides $11.3 Million Bridge Loan For Multifamily Community in Utah

Fintech News Desk
Lument has announced the closing of a $11.3 million proprietary bridge loan to acquire and renovate Cove on Bruce Apartments, a 76-unit garden-style community in Clearfield, Utah, near Salt Lake City. Ted Nasca, managing director, led the transaction for Lument. Latest Fintech Insights: Globant Launches New Reinvention Studios to Impact Industries with Digital Transformation The sponsor......
Lument Provides $21.9 Million Bridge Loan for Multifamily Community in Jacksonville, Florida
Business Fintech News

Lument Provides $21.9 Million Bridge Loan for Multifamily Community in Jacksonville, Florida

Fintech News Desk
Lument has announced the closing of a $21.9 million proprietary bridge loan to acquire and renovate Pinebrook Apartments, a 208-unit garden-style apartment community in Jacksonville, Florida. The deal was led by Owen Breheny, managing director at Lument. The sponsor, Bella Property, LLC, is a repeat client of Lument. Bella Property will fully manage the......
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