Tag : Lument

Lument Provides $17.5 Million Bridge Loan to Refinance Atlanta Multifamily Community
Fintech News

Lument Provides $17.5 Million Bridge Loan to Refinance Atlanta Multifamily Community

Fintech News Desk
by Fintech News Desk0
Lument closed a $17.5 million proprietary bridge loan to refinance The Peach, a recently renovated 68-unit high-rise apartment community in Atlanta, Georgia. R.J. Guttroff, managing director at Lument, led the transaction. Latest Fintech Insights: Coinswitch Kuber Appoints Industry Veteran Ashish Chandra as General Counsel The property was originally constructed in 1964 as an office......
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
by Fintech News Desk0
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
by Fintech News Desk0
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 $6.8 Million Freddie Mac Small Balance Loan For Multifamily Community in Texas
Banking Fintech News

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

Fintech News Desk
by Fintech News Desk0
Lument recently provided a $6.8 million Freddie Mac small balance loan (SBL) to refinance Casitas Del Este, a 78-unit, garden-style apartment community in El Paso, Texas. Lument Managing Director Steve Beltran led the transaction. Latest Fintech Insights: Mystifly Launches New Payment Solution MystiPay in Partnership With Diners Club International “This refinance loan fulfilled all of our client’s......
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
by Fintech News Desk0
 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 $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
by Fintech News Desk0
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......
Lument Launches Industry-Leading Affordable Housing Investment Sales Group
Investments News

Lument Launches Industry-Leading Affordable Housing Investment Sales Group

Fintech News Desk
by Fintech News Desk0
Lument announced that it has taken a significant step toward its goal of becoming the foremost provider of affordable housing solutions in the nation with the launch of a dedicated affordable housing investment sales and advisory group. Cliff McDaniel will head the initiative and serve as senior managing director. McDaniel has......
Lument Provides $28.8 Million Freddie Mac Unfunded Forward Loan for Affordable Multifamily Development in Phoenix
Finance News

Lument Provides $28.8 Million Freddie Mac Unfunded Forward Loan for Affordable Multifamily Development in Phoenix

Fintech News Desk
by Fintech News Desk0
Lument recently announced the closing of a $28.8 million Freddie Mac Unfunded Forward loan to finance the construction of Mesquite Terrace Apartments, a 297-unit affordable housing community in Phoenix, Arizona. Tim Hoppin, director in Lument’s Denver, Colorado office, was the lead on the transaction. The sponsor is first-time Lument client, Trinity Housing Development, which has extensive......
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
by Fintech News Desk0
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,......
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