Freddie Mac is showcasing a Lument-arranged $58.2 million refinance to demonstrate the effectiveness of its seniors housing loan program. The transaction provided permanent financing and funded renovations for the Village at Unity and The Hamlet, a 332-unit community in Rochester, New York, that offers the complete continuum of care.
“We were able to deliver an optimal outcome for our client by collaborating with Freddie Mac to secure 10-year financing on a stable community,” said Tyler Armstrong, managing director with Lument.
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