Lument has provided $31.6 million of Freddie Mac financing against Keystone Place at Legacy Ridge, a 160-unit seniors-housing property in Westminster, Colo. The loan has a 10-year term and requires only interest payments for the first five years. After that, it amortizes on a 30-year schedule. Proceeds were used to take out two Freddie loans […]

The post Lument Writes $31.6Mln Freddie Loan for Westminster, Colo., Seniors Property appeared first on Commercial Real Estate Direct.