Lument Provides $25.5 Million Bridge Loan for Acquisition of Jacksonville Multifamily Community
Lument recently provided Inman Equities a $25.5 million proprietary bridge loan to facilitate the acquisition and renovation of Canopy Creek Apartments, a 288-unit multifamily community in Jacksonville, Florida. Trey Palmedo, vice president in Lument’s Nashville office, led the transaction. “It was a pleasure to once again work with Inman Equities, a top-notch sponsor on the rise,......