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Lument Closes $28M Loan for Ohio Residential Multifamily Property
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Lument Closes $28M Loan for Ohio Residential Multifamily Property
Lument closed a $28 million U.S. Department of Housing and Urban Development (HUD)/Federal Housing Administration (FHA) Section 221(d)(4) loan to assist TFG Housing Resources and Raise Up with the substantial rehabilitation of Western Horizon, a 353-unit affordable housing community in Lorain, Ohio. The transaction utilized a component of the Rental Assistance Demonstration (RAD) program. Lument’s […] The post Lument Closes $28M Loan for Ohio Re…
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