News Real Estate May 24, 2023

Connect CRE: Lument Secures $52.1 Million Refi for Repositioned Multifamily Community

Lument has closed a $52.1 million Fannie Mae conventional loan to refinance Huntington Village, a 671-unit multifamily community in Warner Robins, GA. The sponsor is WRF Housing, LLC, an affiliate of Hunt Companies. Steve Beltran, Managing Director with Lument, led the transaction.

“Working with this experienced, mission-driven sponsor is always rewarding, and the Fannie Mae refinance was the ideal culmination of our shared vision for Huntington Village, which began when we provided bridge financing for the community in 2021. With low-cost, permanent financing now in place, the sponsor can focus on further enhancing the community, making it a premier choice for quality, affordable housing in central Georgia.”
– Steve Beltran, Managing Director