[New post] Lument Funds $41.2Mln Short-Term Loan for Austin, Texas, Apartments

Dan Moynihan posted: "Lument, the former Orix Real Estate Capital Holdings, has provided $41.2 million of short-term mortgage financing to facilitate the Lynd Co.'s $46.6 million, or $209,910/unit, acquisition of the 222-unit Legends Lakeline apartment property in Austin, Texa" New post on Commercial Real Estate Direct Lument Funds $41.2Mln Short-Term Loan for Austin, Texas, Apartments by Dan Moynihan Lument, the former Orix Real Estate Capital Holdings, has provided $41.2 million of short-term mortgage financing to facilitate the Lynd Co.'s $46.6 million, or $209,910/unit, acquisition of the 222-unit Legends Lakeline apartment property in Austin, Texas. Lument funded the loan, which has a three-year term, but could be extended by up to two additional years, […] Read more of this post Dan Moynihan | December 2, 2021 at 4:30 pm | Categories: General News | URL: https://wp.me/pcdE10-2jHH Unsubscribe to no longer receive posts from Commercial Real Estate Direct. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://crenews.com/2021/12/02/lument-funds-41-2mln-short-term-loan-for-austin-texas-apartments/