New York, NY — April 24, 2026 — Lument announces the recent closing of a $21.2 million U.S. Department of Housing and Urban Development (HUD)/Federal Housing Administration (FHA) Section 232/223(f) Express Lane refinance for Pemberly Place Senior Living, a seniors housing community in Lincoln, Nebraska, with 120 apartment units and a licensed capacity for 132. Quintin Harris, managing director, and Patrick Roan, director, led the transaction for Lument.
“The Express Lane is the result of HUD listening to lenders and borrowers and making meaningful changes that accelerate transactions,” said Lument’s Harris. “FHA programs have long offered some of the most competitive terms in the market, and now they pair that strength with enhanced speed and execution certainty, providing a critical advantage in a volatile market.”
Lument obtained a firm commitment from FHA just seven days after application submission and advanced to closing consistent with customary market timelines.
“This is a strong example of how FHA’s 232 Express Lane is driving efficiency while maintaining disciplined underwriting,” HUD said in a statement promoting the transaction.
The FHA loan has a fixed interest rate and 35-year term. The refinance pays off existing bank debt from a construction loan originated by Lument several years ago. In addition, Lument helped structure a shareholder note to reimburse the borrower for previous capital expenditures.
Built in 2017, Pemberly Place Senior Living features 132 units consisting of assisted living, independent living, and memory care options. It has an on-site medical clinic and offers an extensive range of healthcare services. Locally owned and operated, the community has a partnership with MJ Senior Living, a Nebraska-based management company.
About Lument
Lument, a subsidiary of ORIX Corporation USA, is a national leader in commercial real estate finance and delivers a comprehensive set of capital solutions customized for investors in multifamily, affordable housing, and seniors housing and healthcare real estate. Lument offers Fannie Mae, Freddie Mac, FHA, USDA, and balance sheet financing, as well as a full suite of capital market lending products. In addition, Lument provides a suite of real estate advisory solutions including real estate investment sales, investment banking, and investment management solutions. The company has approximately 550 employees in over 25 offices across the United States.
Securities, investment banking, and advisory services are provided through Lument Securities, LLC, member FINRA/SIPC. Lument Investment Management, LLC, is registered as an investment adviser with the U.S. Securities and Exchange Commission. For more information, visit https://www.lument.com/.
