New York, NY — February 10, 2026 — Lument has announced the closing of a $58.2 million Freddie Mac Seniors Housing loan to refinance The Village at Unity and The Hamlet, a campus-style community offering independent living (IL), assisted living (AL), and memory care (MC) options totaling 332 units. The team of Tyler Armstrong, Chris Cain, and Taylor Russ, all managing directors with Lument, led the transaction.
The borrower is Wegman Companies, a Rochester-based real estate development and investment company offering a wide range of seniors housing options in addition to commercial and residential development.
Located in the Finger Lakes region of New York in Rochester, The Village at Unity consists of 272 IL units and The Village at Hamlet features 40 AL units and 20 Alzheimer’s care units. The property was originally built in 1990 with renovations in 2000, 2012, and 2022. Wegman Companies acquired the communities in 2018.
“We were able to collaborate effectively with both Wegman and Freddie Mac to orchestrate a fantastic outcome that facilitated a partner buyout and financed needed renovations, all while meeting a tight yearend deadline,” said Lument’s Armstrong.
The Freddie Mac loan has a 10-year term, with interest only for four years, a fixed interest rate, and 30-year amortization. It replaces an existing agency loan and provides substantial funds for capital expenditures, including new siding and roofing.
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 30 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/.