Tag : financing structure

Lument Provides $6.8 Million Freddie Mac Small Balance Loan For Multifamily Community in Texas
Finance News

Lument Provides $25 Million in Short-Term Bonds and $22.1 Million in Permanent Financing for the Development of a Dallas Affordable Seniors Housing Community

Fintech News Desk
 Lument recently announced the successful underwriting of $25 million in short-term bonds and the closing of a $22.1 million Freddie Mac unfunded forward loan as part of a financing structure that allows DHA Housing Solutions for North Texas (DHA) and the Volunteers of America National Services (VOANS) to develop The Oaks, a mixed-income seniors housing community......
Lument Provides $25.5 Million Bridge Loan for Acquisition of Jacksonville Multifamily Community
Digital Finance News

Lument Provides $25.5 Million Bridge Loan for Acquisition of Jacksonville Multifamily Community

Fintech News Desk
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,......
NuBridge Commercial Lending Completes Credit Facility with Cadence Business Finance
Finance News

NuBridge Commercial Lending Completes Credit Facility with Cadence Business Finance

Fintech News Desk
NuBridge Commercial Lending LLC, a small-balance commercial bridge lender, announced its completion of a new senior secured revolving credit facility with Cadence Business Finance, a division of Cadence Bank. The initial size of this 36-month committed credit facility is $20 million and is expected to grow to at least $50......
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