Generated by Rank Math SEO, this is an llms.txt file designed to help LLMs better understand and index this website.

# Lument

## Sitemaps
- [XML Sitemap](https://www.lument.com/sitemap_index.xml): Includes all crawlable and indexable pages.

## Posts
- [Seniors Housing and Care Investment Activity Builds Momentum](https://www.lument.com/seniors-housing-and-care-investment-activity-builds-momentum/): The resilient M&A market is on track for a massive year.
- [Trading Desk Talk](https://www.lument.com/market-update/): In today's conditions, resilience and patience are paramount.
- [Weekly Trading Desk Talk – Everest](https://www.lument.com/weekly-trading-desk-talk-everest/): Navigating higher CRE borrowing rates and widening agency spreads.
- [Hope Isn’t a Strategy: Chad Hagwood Q&A](https://www.lument.com/hope-isnt-a-strategy-chad-hagwood-qa/): Hagwood advises clients not to try timing the market.
- [Higher Rates, Stronger Fundamentals: Preparing Multifamily for the Next Cycle](https://www.lument.com/higher-rates-stronger-fundamentals-preparing-multifamily-for-the-next-cycle/): Economist Christopher Thornberg examines the forces driving interest rates.
- [The Buyer’s Lens: 4 Factors That Drive a Deal Across the Finish Line](https://www.lument.com/the-buyers-lens-4-factors-that-drive-a-deal-across-the-finish-line/): Laca Wong-Hammond outlines the four things buyers prioritize in a deal.
- [Weekly Trading Desk Talk – Stronger](https://www.lument.com/weekly-trading-desk-talk-stronger/): Rates have reached approximately 20-year highs following growing inflationary fears.
- [Weekly Trading Desk Talk – A Little Less Conversation](https://www.lument.com/weekly-trading-desk-talk-a-little-less-conversation/): Strong economic data and high Treasury yields drive expectations for Fed rate hikes.
- [President’s Picks | Vol. 5: The Thinking Machine](https://www.lument.com/presidents-picks-vol-5-the-thinking-machine/): Tyler Griffin explores AI's impact on commercial real estate.
- [The Seattle Multifamily Market: The Emerald City Matures](https://www.lument.com/the-seattle-multifamily-market-the-emerald-city-matures/): High entry barriers and strong demand drive Seattle multifamily growth.
- [Unlocking Momentum: New Advantages Emerging Across HUD’s Section 232 LEAN Program](https://www.lument.com/unlocking-momentum-new-advantages-emerging-across-huds-section-232-lean-program/): Tips and best practices on the HUD Express Lane.
- [Closing the Gap: Solving the Top 3 Challenges for M&A Sellers](https://www.lument.com/ma-insights-how-to-overcome-common-seller-obstacles/): Laca Wong-Hammond explores three critical M&A hurdles for sellers.
- [Weekly Trading Desk Talk – 9 to 5](https://www.lument.com/weekly-trading-desk-talk-9-to-5/): A look at Warsh's Jackson Hole address, complete with historical context.
- [Weekly Trading Desk Talk – Band-Aid on a Bullet Hole](https://www.lument.com/weekly-trading-desk-talk-band-aid-on-a-bullet-hole/): Bessent signals further intervention is on the table.
- [McKnight’s Women in Business Webcast: Opportunities for New Entrants](https://www.lument.com/mcknights-women-in-business-webcast-opportunities-for-new-entrants/): The demographics make the sector compelling.
- [Weekly Trading Desk Talk – The Sound of Silence](https://www.lument.com/weekly-trading-desk-talk-the-sound-of-silence/): Rate hikes at the September and October meetings are in play.
- [A More Localized Multifamily Recovery Emerges](https://www.lument.com/a-more-localized-multifamily-recovery-emerges/): Markets are separating into distinct clusters of momentum.
- [When Energy Prices Ripple Through Multifamily](https://www.lument.com/when-energy-prices-ripple-through-multifamily/): Energy costs directly impact tenant behavior.
- [Weekly Trading Desk Talk – There is a Season (Turn, Turn, Turn)](https://www.lument.com/weekly-trading-desk-talk-there-is-a-season-turn-turn-turn/): The labor market has softened, but it is not uniformly weak.
- [Weekly Trading Desk Talk – Mr. Crowley](https://www.lument.com/weekly-trading-desk-talk-mr-crowley/): We examine the relationship between Fed days and bond volatility.
- [2026 Argentum Largest Seniors Housing Providers: Report Takeaways](https://www.lument.com/2026-argentum-largest-seniors-housing-providers-report-takeaways/): Sortable data, thoughtful analysis, and expert insights await.
- [Summer 2026 National Multifamily Market Report: The New Normal Begins to Take Shape](https://www.lument.com/summer-2026-national-multifamily-market-report-the-new-normal-begins-to-take-shape/): Multifamily fundamentals are moving toward equilibrium.
- [Financing Success in the New Era of Seniors Housing](https://www.lument.com/financing-success-in-the-new-era-of-seniors-housing/): Success stories from HUD's Express Lane and Freddie Mac.
- [Weekly Trading Desk Talk – Black Gold](https://www.lument.com/weekly-trading-desk-talk-black-gold/): The price of oil has become the operative factor regarding inflation.
- [Unlocking Deal Value: The 3 Ps That Shape M&A Outcomes](https://www.lument.com/unlocking-deal-value-the-3-ps-thatshape-ma-outcomes/): Three M&A strategies that help maximize transaction value.
- [Weekly Trading Desk Talk – Pause](https://www.lument.com/weekly-trading-desk-talk-pause/): Recent job numbers and Fed statements suggest rate hikes are coming.
- [Trading Desk Talk – Six-Month Review](https://www.lument.com/weekly-trading-desk-talk-six-month-review/): A look back at the first six months of the year in the markets.
- [ESOPs: Peeling Back the Layers](https://www.lument.com/esops-peeling-back-the-layers/): ESOPs are a creative financing structure with benefits for owners and employees.
- [What’s Working in Today’s Multifamily Market](https://www.lument.com/watch-whats-working-in-todays-multifamily-market/): John Sebree discusses the trends shaping today's multifamily investment market.
- [Weekly Trading Desk Talk – Seesaw](https://www.lument.com/weekly-trading-desk-talk-seesaw/): Are rate hikes becoming easier to imagine than rate cuts?
- [Webcast Recording: Will Strong Multifamily Fundamentals Offset Fallout From the War?](https://www.lument.com/will-strong-multifamily-fundamentals-offset-fallout-from-the-war/): Watch the replay of our latest In Conversation webcast.
- [Weekly Trading Desk Talk – Roar](https://www.lument.com/weekly-trading-desk-talk-roar/): Kevin Warsh arrives at the Fed in a hawkish state of mind.
- [A More Disciplined Market Creates New Opportunities in Multifamily](https://www.lument.com/a-more-disciplined-market-creates-new-opportunities-in-multifamily/): Lument CEO Jim Flynn discusses the impact of geopolitical uncertainty, interest rates, and economic growth on the multifamily market outlook.
- [Weekly Trading Desk Talk – High Hopes](https://www.lument.com/weekly-trading-desk-talk-high-hopes/): Markets are waiting, impatiently, for the Fed to move.
- [Weekly Trading Desk Talk – Why Don’t You Get A Job?](https://www.lument.com/trading-desk-talk-navigating-todays-cre-market/): Today's cycle is giving late 90s vibes.
- [Weekly Trading Desk Talk – Stop Me If You Think You’ve Heard This One Before](https://www.lument.com/market-update-copy-3/): Headlines on the war truce continue to drive market movements.
- [Weekly Trading Desk Talk – Can You Take Me Higher?](https://www.lument.com/market-update-copy-2/): The U.S. economy still looks resilient, but slowing consumer demand and uneven job growth could limit future rate cuts.
- [Why Geopolitical Risk May Delay — but Not Derail — Multifamily Growth](https://www.lument.com/why-geopolitical-risk-may-delay-but-not-derail-multifamily-growth/): The forces driving multifamily demand at the beginning of the year will continue to underpin the market.
- [Seniors Housing and Care’s New Era: The Virtuous Cycle of Better Care](https://www.lument.com/seniors-housing-and-cares-new-era-the-virtuous-cycle-of-better-care/): Bringing care and therapy services into communities reaps benefits.
- [Weekly Trading Desk Talk – Bad Case of Loving You](https://www.lument.com/weekly-trading-desk-talk-bad-case-of-loving-you/): We examine healthcare job growth and the Treasury market reaction.
- [Weekly Trading Desk Talk – Now This Looks like a Job for Me](https://www.lument.com/weekly-trading-desk-talk-now-this-looks-like-a-job-for-me/): Downstream effects from the Iran war make economic forecasts tricky.
- [Weekly Trading Desk Talk – Allies, Anxiety, and America’s Debt](https://www.lument.com/weekly-trading-desk-talk-allies-anxiety-and-americas-debt/): A look at the state of U.S. debt and Kevin Warsh's pending Fed leadership.
- [Capital Markets and Valuations Outlook: Demographics Draw Investor Interest](https://www.lument.com/capital-markets-and-valuations-outlook-demographics-draw-investor-interest/): Takeaways from the NIC Spring 2026 Capital Markets panel.
- [Weekly Trading Desk Talk – Blowin’ Smoke](https://www.lument.com/weekly-trading-desk-talk-blowin-smoke/): Are recent war-influenced forecasts underestimating growth?
- [Weekly Trading Desk Talk – Still Water Runs the Deepest](https://www.lument.com/weekly-trading-desk-talk-still-water-runs-the-deepest/): Investors remain on edge as a fragile ceasefire hangs in the balance.
- [Spring 2026 National Multifamily Market Report: Rebalancing Underway](https://www.lument.com/spring-2026-national-multifamily-market-report-rebalancing-underway/): Multifamily fundamentals are beginning to rebalance, as new deliveries have peaked and declining construction activity allows demand to catch up with supply.
- [Weekly Trading Desk Talk – Backwards](https://www.lument.com/weekly-trading-desk-talk-backwards/): Economic policymakers are viewing the war as a transitory shock.
- [MHC Financing Guide](https://www.lument.com/mhc-financing-guide/): The manufactured housing community (MHC) niche has become an attractive opportunity nationwide.
- [Weekly Trading Desk Talk – Most Likely You Go Your Way (And I’ll Go Mine)](https://www.lument.com/weekly-trading-desk-talk-most-likely-you-go-your-way-and-ill-go-mine/): We focus on interest rates and historical cycles of rising oil prices.
- [McKnight’s Podcast Takeaways: Time for Borrowers, Lenders to Strategize for Long-Term Success](https://www.lument.com/mcknights-podcast-takeaways-time-for-borrowers-lenders-to-strategize-for-long-term-success/): Aaron Becker shares optimistic insights on the future of seniors housing.

## Pages
- [Seniors Housing Investment Sales](https://www.lument.com/services/real-estate-investment-sales/seniors-housing-investment-sales/): For more than 35 years, Lument has helped seniors housing owners, operators, and developers navigate the challenges and opportunities shaping this unique sector. Today, we bring that same depth of experience to investment sales through a platform that combines market expertise, strategic advisory services, and comprehensive capital solutions.
- [ORIX Group Counterparty Code of Conduct](https://www.lument.com/orix-group-counterparty-code-of-conduct/): ORIX Group strives to uphold the highest business ethics and behavior in our activities wherever we operate by adhering to four Core Compliance Values: Integrity, Respect, Excellence and Commitment.
- [The Servicing Edge](https://www.lument.com/services/loan-servicing-and-asset-management/the-servicing-edge/): Lument has one of the top and most responsive loan servicing and asset management platforms in commercial real estate. We put together The Servicing Edge to serve our clients as a comprehensive resource with the latest insights, tips, and information related to loan onboarding, cash management, escrow administration, investor reporting, and special servicing.
- [Contact](https://www.lument.com/affordable-investment-sales-contact-it/)
- [Privacy and BCP Policy](https://www.lument.com/privacy-policy/): Your privacy is important to us. Lument Real Estate Capital Holdings, LLC and its subsidiaries (“Lument,” “we,” or “us”) wants you to be familiar with how we collect, use, disclose and protect your information.  This Privacy Policy describes our practices in connection with information that we collect through:
- [Mergers and Acquisitions](https://www.lument.com/mergers-acquisitions/)
- [Multifamily Investment Sales](https://www.lument.com/services/real-estate-investment-sales/multifamily-real-estate-investment-sales/): At Lument, we’re not just entering the investment sales arena—we are reshaping it. Built on decades of lending experience and a relentless focus on client outcomes, our multifamily investment sales platform combines deep market insight, hands-on execution, and a full suite of capital solutions.
- [Contact M&A](https://www.lument.com/mergers-and-acquisitions-contact/)
- [Real Estate Investment Sales Contact](https://www.lument.com/real-estate-investment-sales-contact/)
- [Frequently Asked Questions](https://www.lument.com/frequently-asked-questions/): Lument has a wide variety of financing options including Fannie Mae, Freddie Mac, HUD / FHA, Balance Sheet (including Bridge and Mezzanine), Real Estate Capital Markets, and more. Discover what might be a right fit for your financing needs.
- [One Unified Technology Platform](https://www.lument.com/about/technology-platform/): From prospecting to origination, asset management and reporting, Lument has the technology to simplify the entire loan lifecycle from start to finish. Looking for more economic insights? Check out our weekly Trading Desk Talk.
- [Real Estate Capital Markets](https://www.lument.com/financing-options/real-estate-capital-markets/): We offer a broad array of financing options that address investors’ unique goals and circumstances, whether they require alternative permanent debt, bridge loans, construction loans, mezzanine debt, or preferred equity. Lument’s capital markets platform provides access to a wide range of alternative lending sources, including banks, debt funds, life companies, and conduits. These offerings complement our agency and balance sheet loans and enable Lument to provide customized financing solutions for all commercial real estate asset classes: multifamily, manufactured housing, seniors housing and healthcare, student housing, self-storage, industrial, retail, hospitality, and office.
- [Disclosures](https://www.lument.com/disclosures/): Lument is a subsidiary of ORIX Corporation USA. Securities, Investment Banking, and Advisory Services provided through Lument Securities, LLC, Member FINRA/SIPC. Investment advisory services are provided through Lument Investment Management, LLC, an investment adviser registered with the U.S. Securities and Exchange Commission.
- [General Terms and Conditions – Real Estate Capital Markets Transactions](https://www.lument.com/terms-and-conditions/): If you are party to an executed letter agreement (the “Agreement”) with Lument Structured Finance, LLC, Lument Services of California, Inc. or Lument Real Estate Capital, LLC or any of their respective affiliates (such entity being referred to herein as “Lument”) that incorporates “Real Estate Capital Markets Terms and Conditions,” the following terms and conditions (the “General Terms”) apply to, and are deemed to be incorporated into, such Agreement and all matters relating thereto. Each capitalized term used in these General Terms and not otherwise defined herein will have the meaning given to such term in the Agreement. These General Terms expressly survive any expiration or termination of the Agreement.
- [Balance Sheet](https://www.lument.com/financing-options/balance-sheet/): At Lument, we designed our balance sheet offerings to complement our agency programs. When quick execution is crucial or multifamily and seniors housing investors need a transition to permanent agency financing, they can turn to balance sheet solutions from Lument that include bridge loans, mezzanine debt, and preferred equity. Thanks to the strong financial backing of our parent company, we can easily handle large, complex transactions.
- [Our People](https://www.lument.com/our-people/)
- [Search Results](https://www.lument.com/search-results/): The resilient M&A market is on track for a massive year.
- [Subscribe](https://www.lument.com/subscribe/)
- [Real Estate Investment Sales](https://www.lument.com/services/real-estate-investment-sales/): Lument’s real estate investment sales group is distinguished by its exceptional industry expertise and breadth of experience. We bring to each transaction unmatched market intelligence, a carefully customized acquisition or disposition strategy, and an extensive buyer network.
- [ESOP Advisory Services](https://www.lument.com/services/mergers-and-acquisitions/esop-advisory-services/): An employee stock ownership plan (ESOP) is a tax-exempt, defined-contribution retirement plan invested in employer securities. Represented by a trust and regulated by the Internal Revenue Service and the Department of Labor, an ESOP acts as a passive, friendly, and flexible buyer, interested in acquiring equity at any interest – from one percent to 100 percent.
- [Mortgage Company Licensing Disclosures](https://www.lument.com/mortgage-company-licensing-disclosures/): Through its subsidiaries, Lument Real Estate Capital Holdings, LLC holds various licenses nationwide for commercial mortgage loan origination and servicing.
- [MSRB Disclosure to Clients](https://www.lument.com/msrb-disclosure-to-clients/): Lument Securities, LLC is a member of FINRA and SIPC.  Lument is also registered with the Municipal Securities Rulemaking Board (“MSRB”) and the U.S. Securities and Exchange Commission.
- [Affordable Housing Real Estate Investment Sales](https://www.lument.com/services/real-estate-investment-sales/affordable-housing-investment-sales/): Lument’s affordable housing real estate investment sales group is distinguished by its exceptional industry expertise and breadth of experience. We bring to each transaction unmatched market intelligence, a carefully developed acquisition or disposition strategy, and an extensive buyer network—all capped off by seamless execution.
- [Affordable Housing](https://www.lument.com/property-specialties/affordable-housing/): Navigating the affordable housing finance landscape requires experience, precision, and partnership. Lument’s dedicated affordable housing specialists bring deep expertise in regulatory compliance and access to a full range of debt and equity sources, helping clients secure and structure the optimal financing needed to create and preserve affordability for renters across the country.
- [Contact  – Proprietary Capital](https://www.lument.com/proprietary/)
- [Email Disclaimer](https://www.lument.com/email-disclaimer/): The message, including any attachments, may contain confidential, proprietary and/or legally privileged information or information that is exempt from disclosure under applicable law and is intended solely for the use of the addressee named above. No confidentiality or privilege is waived or lost by any misdirected transmission. If you are not the intended recipient of this communication, you must not disseminate, distribute, copy or take any action in reliance on this communication or any attachment. Please notify the sender immediately and please delete it from your system.
- [Mergers and Acquisitions](https://www.lument.com/services/mergers-and-acquisitions/): If you’re considering a sale - whether it’s a portfolio, corporate exit, or selective asset divestiture - Lument’s M&A Advisory team brings the expertise and insight to guide a tailored transaction process. We work closely with clients to define objectives, select the right transaction strategy, assess value, identify ideal buyers or partners, and arrange debt or equity capital. The result is a smooth, well-executed outcome from start to finish.
- [Mortgage Banking Services](https://www.lument.com/services/mortgage-banking-services/): At Lument, we provide a full suite of broker and FHA lender correspondent services, setting the stage for clients to harness our expertise and resources selectively to strengthen their relationships with their borrowers. Our level of involvement, the specific services we deliver, and the degree of contact with the borrower can vary. When you work with Lument, you design the partnership that best fits your needs and your comfort level.
- [Loan Servicing & Asset Management](https://www.lument.com/services/loan-servicing-and-asset-management/): At Lument, loan servicing and asset management is at the heart of what we do. With one of the largest and most responsive platforms in commercial real estate, our portfolio consists of thousands of loans serviced for Fannie Mae, Freddie Mac, HUD/FHA, life companies, CMBS lenders, and our own balance sheet. We leverage our scale, technology, and deeply experienced team to deliver transparent access, proactive management, and personalized support for every loan we service — and we extend that same standard of excellence when servicing loans on behalf of our third-party partners.
- [Investment Management](https://www.lument.com/services/investment-management/): Lument aims to leverage its proprietary origination platform to generate bespoke commercial real estate investment opportunities. Our extensive geographic footprint and local market knowledge allow us to access comprehensive deal flow coverage and information advantages across multifamily and seniors housing.
- [Investment Banking](https://www.lument.com/services/investment-banking/): Having financed thousands of seniors housing and healthcare transactions over the past 35+ years, we could easily say we’ve seen it all. But at Lument Securities, we’re always reexamining and testing our assumptions, tracking new financial products, and adding to our knowledge base. As a result, we provide investment banking customers with a fresh perspective that’s backed by experience, helping them to explore a variety of options and select the most promising approach for their business.
- [Services](https://www.lument.com/services/): We’re proud of our ability to provide best-in-class financing solutions to investors across the spectrum of multifamily, affordable, and seniors housing and healthcare properties. Our expertise in financing provides the foundation for a host of services including investment sales, investment banking, investment management, mortgage banking, and loan servicing and asset management. Having these options at our disposal increases our ability to create comprehensive solutions tailored to our clients’ needs.
- [Seniors Housing & Healthcare](https://www.lument.com/property-specialties/senior-housing-healthcare/): For more than 35 years, Lument has provided seniors housing, skilled nursing, and healthcare organizations with comprehensive capital and advisory solutions for acquisition, construction, renovation, rehabilitation, refinancing, and growth. Our specialized expertise spans government agency, bank, bond, and alternative financing, as well as M&A and strategic advisory services, helping organizations navigate complex markets and achieve their long-term objectives.
- [Seniors Housing & Healthcare](https://www.lument.com/seniors-housing-and-healthcare/): Seniors Housing and Healthcare from the Industry’s Best
- [HUD/FHA Loans](https://www.lument.com/financing-options/hud-fha-loans/): As an approved HUD/FHA Multifamily Accelerated Processing (MAP) and LEAN lender, Lument can expedite the process of obtaining the best terms and pricing available for conventional multifamily, affordable and seniors housing & healthcare borrowers. With dedicated FHA underwriting and processing teams, we help our borrowers and industry partners navigate the FHA landscape.
- [Freddie Mac](https://www.lument.com/financing-options/freddie-mac/): Those companies that earn the coveted Optigo® designation are among the nation’s best multifamily lenders, with years of experience and a proven track record. As an Optigo® Seller/Servicer, Lument offers targeted solutions for affordable housing, conventional multifamily, seniors housing, small loan multifamily, and manufactured housing communities. We provide financing for the acquisition or refinancing of stabilized properties as well as specialized products for properties in lease-up and for value-add acquisitions needing short-term financing.
- [Manufactured Housing](https://www.lument.com/property-specialties/manufactured-housing/): Manufactured housing is probably the least standardized form of commercial real estate. To get the best possible loan on an acquisition or refinancing, investors need a financial partner with in-depth knowledge of Fannie Mae and Freddie Mac programs while providing the option of financing through its balance sheet. At Lument we specialize in manufactured housing.
- [Small Loan Multifamily](https://www.lument.com/property-specialties/small-loan-multifamily/): Lument’s small multifamily loans provide the best of both worlds: the terms and personalized treatment that larger investors receive but without the complex documentation and extensive third-party reporting requirements. Thanks to our participation in both Fannie Mae’s Small Loans and Freddie Mac’s Conventional Small programs and our ability to tap our balance sheet, our dedicated small loan experts can offer structures tailored to the distinctive needs of investors in lower-cost properties.
- [Leaponline](https://www.lument.com/client-login/): Loan application and processing portal.
- [Financing Options](https://www.lument.com/financing-options/): Lument has one of the most comprehensive product sets in commercial real estate finance — and deep expertise in each one. This gives us the ability to structure solutions that better reflect our clients’ goals. But our connection to our clients doesn’t end at closing. By leveraging the scale of our combined company, we have built a state-of-the-art loan servicing and asset management platform that is transparent, responsive, and easily accessible.
- [Term Sheets](https://www.lument.com/insights-resources/term-sheets/): Lument offers a comprehensive suite of financing solutions — including Fannie Mae, Freddie Mac, HUD/FHA, USDA, and proprietary balance sheet programs, as well as a full range of alternative capital options. We deliver tailored lending strategies backed by a team that is knowledgeable, insightful, and committed to client success. Browse our loan programs below.
- [Fannie Mae](https://www.lument.com/financing-options/fannie-mae/): Lument is among the select group of companies with the expertise and resources to meet Fannie Mae’s stringent DUS® Lender requirements. That means we can provide Fannie Mae financing with exceptional speed and certainty. As a DUS Lender, we provide uncommon value to investors across all Fannie Mae asset classes, including multifamily, affordable, student, seniors housing & healthcare and manufactured housing as well as to those interested in Fannie Mae’s Small Loan program.
- [Insights](https://www.lument.com/insights-resources/insights/)
- [Newsroom](https://www.lument.com/insights-resources/news/): Investors are increasingly turning to Lument for financing, investment sales, and expert insight. Explore press releases and articles highlighting these perspectives and accomplishments.
- [Recent Transactions](https://www.lument.com/insights-resources/recent-transactions/)
- [Case Studies](https://www.lument.com/insights-resources/case-studies/): Lument case studies highlight the dedication, expertise, and resourcefulness that our customers can expect from our professionals—as well as the close coordination between the production, underwriting, and closing team that leads to an exceptional experience. 
- [OFFICES](https://www.lument.com/about/offices/): With offices across the United States, Lument is well positioned to track national trends while gauging the local conditions that can shape the outcome of a specific investment.
- [Multifamily Housing](https://www.lument.com/property-specialties/multifamily-housing/): Lument has the expertise and range of products — Fannie Mae, Freddie Mac, and HUD/FHA financing as well as a suite of proprietary capital solutions — to cover the full spectrum of multifamily projects. From new construction and lease-up to permanent financing, value-add and cash-out refinancing, we help our clients realize the full potential of a property throughout its life cycle. And thanks to the support of our parent company, ORIX USA, we can readily accommodate large, highly complex transactions.
- [Insights & Resources](https://www.lument.com/insights-resources/): There was a time when commercial real estate moved at a leisurely pace. Not anymore. Ready access to actionable information now separates winners from runners-up. With our Insights & Resources pages, we’ve created a comprehensive source of information that investors can use both to identify opportunities and to seize them. Whether you’re looking for insights into industry trends, industry conferences you should attend, or press releases highlighting the scope of Lument’s offerings, you’ll find them here.
- [Property Specialties](https://www.lument.com/property-specialties/): To get the most from an asset, investors need a financial partner with a deep understanding of their specific property type, a wide range of financing solutions and services, and an outstanding record of delivering results — whether it’s market rate, affordable housing, manufactured housing, seniors housing and healthcare or student housing. That’s the kind of depth we offer at Lument. Our clients can expect the highest levels of personal attention and professionalism, from application and underwriting through closing and servicing.

## Investment Sales Team
- [Alex Florea](https://www.lument.com/sales-team/alex-florea/): Alex Florea is a managing director of seniors housing investment sales at Lument. Alex leverages his private equity, operator, and real estate investment trust (REIT) experience to develop actionable, creative, and comprehensive sales and recapitalization solutions for seniors housing clients nationwide. He is based out of Lument’s Chicago office.
- [Kevin Lukehart](https://www.lument.com/sales-team/kevin-lukehart/): Kevin Lukehart is a director of seniors housing investment sales at Lument. Based in Southern California, Kevin partners with Alex Florea to drive the firm’s seniors housing investment sales efforts for clients nationwide.
- [Nick Steele](https://www.lument.com/sales-team/nick-steele/): Nick Steele is a managing director on Lument’s real estate investment sales team based in Denver. He has nearly two decades of experience providing personalized multifamily advisory and brokerage services for institutional and private investors throughout the Mountain West region. During his career, Nick has built a track record for maximizing value for each engagement and has successfully executed over $1.5 billion in multifamily sales, totaling over 9,500 units.
- [Todd Stofflet](https://www.lument.com/sales-team/todd-stofflet/): Todd Stofflet is a managing director on Lument’s real estate investment sales team. He is a seasoned commercial real estate professional with over 25 years of experience specializing in the valuation, acquisition, disposition, and advisory of multifamily assets. Todd leverages his deep market expertise and extensive industry relationships to deliver strategic investment solutions for institutional investors, regional syndicators, and family offices.
- [Jason Stevens](https://www.lument.com/sales-team/jason-stevens/): Jason Stevens is a managing director on Lument’s real estate investment sales team. He is a seasoned commercial real estate professional with over 13 years of experience specializing in the valuation, acquisition, disposition, and advisory of multifamily assets.
- [John Sebree](https://www.lument.com/sales-team/john-sebree/): John Sebree is a senior managing director and head of real estate investment sales at Lument. He draws on his deep knowledge of multifamily analysis, underwriting, and brokerage, as well as his extensive client relationships as he drives the growth of this platform. He is based out of Lument’s New York office.
- [Pete Hoover](https://www.lument.com/sales-team/pete-hoover/): Pete Hoover is an associate director at Lument and is based in Austin, Texas. As an associate director, he actively markets affordable housing real estate investment sales listings by making outgoing sales calls, performing site inspections and property tours, fielding buyer questions, and overseeing the preparation of initial financial analyses and marketing materials.
- [RYAN NUNES](https://www.lument.com/sales-team/ryan-nunes/): Ryan Nunes is a director at Lument and is based in Houston, Texas. As a director, he is responsible for all aspects of proposals, listings, and project assignments.
- [Timothy Bracken](https://www.lument.com/sales-team/timothy-bracken/): Timothy Bracken is a managing director at Lument focused on the real estate investment sales of LIHTC and Section 8 properties. He joined Lument in 2021 as a founding member of the firm's national affordable housing real estate investment sales practice. He brings nearly 20 years of experience across dispositions, acquisitions, financing, and asset management functions.
- [Chris Bergmann](https://www.lument.com/sales-team/chris-bergmann/): Chris Bergmann is a managing director on the affordable housing real estate investment sales team at Lument and works out of Houston, Texas. He is responsible for all aspects of proposals, listings, and project assignments.
- [Derek DeHay](https://www.lument.com/sales-team/derek-dehay/): Derek DeHay is a managing director on the affordable housing real estate investment sales team at Lument and works out of Austin, Texas. Derek has been involved in the valuation and disposition of over $4.6 billion of affordable housing properties across the country. Within the real estate investment sales team at Lument, he works with existing and new clients on evaluating exit options, marketing properties, and selling affordable housing properties and interests. 
- [Cliff McDaniel](https://www.lument.com/sales-team/cliff-mcdaniel/): Cliff McDaniel is a managing director and head of the affordable housing real estate investment sales team at Lument and works out of Houston, Texas. He is responsible for all aspects of proposals, listings, and project assignments.

## Loan Term Sheets
- [Private Placement PC Swap](https://www.lument.com/loan-term-sheets/private-placement-pc-swap-2/)
- [Streamlined Treasury Lock](https://www.lument.com/loan-term-sheets/streamlined-treasury-lock/)
- [Workforce Housing Preservation](https://www.lument.com/loan-term-sheets/workforce-housing-preservation/)
- [Value-Add Loans](https://www.lument.com/loan-term-sheets/value-add-loans/)
- [Utility Efficiency](https://www.lument.com/loan-term-sheets/utility-efficiency/)
- [Q-Deals: Third-Party Loan Securitizations](https://www.lument.com/loan-term-sheets/q-deals-third-party-loan-securitizations-2/): Single senior, guaranteed certificates (Class A) with one or more subordinate certificates (Class B).
- [Transitional Line of Credit](https://www.lument.com/loan-term-sheets/transitional-line-of-credit/): Download the PDF for the full term sheet.
- [Tenant Advancement Commitment](https://www.lument.com/loan-term-sheets/tenant-advancement-commitment/)
- [Tax-Exempt Securitization](https://www.lument.com/loan-term-sheets/tax-exempt-securitization/): Single senior, guaranteed certificates (Class A) with one or more subordinate certificates (Class B).
- [Structured Loans: B-Piece Purchase Option](https://www.lument.com/loan-term-sheets/structured-loans-b-piece-purchase-option/): Example Scenario: $300 million crossed portfolio of 10 assets located in four regions with an average LTV of 75% and a DSCR of 1.25x.
- [Structured Loans](https://www.lument.com/loan-term-sheets/structured-loans/)
- [Rural Housing: USDA Section 515](https://www.lument.com/loan-term-sheets/rural-housing-usda-section-515/)
- [Lender Preferred Equity Investments](https://www.lument.com/loan-term-sheets/lender-preferred-equity-investments/)
- [Long-Term Financing](https://www.lument.com/loan-term-sheets/long-term-financing/)
- [Employer-Enabled Permanent Supportive Housing](https://www.lument.com/loan-term-sheets/employer-enabled-permanent-supportive-housing/)
- [Custody Receipts](https://www.lument.com/loan-term-sheets/custody-receipts/)
- [Targeted Affordable Housing Bridge Loan](https://www.lument.com/loan-term-sheets/targeted-affordable-housing-bridge-loan-2/)
- [Affordable Forwards](https://www.lument.com/loan-term-sheets/affordable-forwards-2/)
- [Lument Flex Multifamily Perm Loan Program](https://www.lument.com/loan-term-sheets/lument-flex-multifamily-perm-loan-program/)
- [Green Building Certification Preferential Pricing](https://www.lument.com/loan-term-sheets/green-building-certifications-preferential-pricing/)
- [Conventional Small](https://www.lument.com/loan-term-sheets/freddie-mac-conventional-small/): PAYMENT TYPE (FOR SPECIFIC PRODUCT ADJUSTMENTS, REFER TO INDIVIDUAL TERM SHEETS)
- [Alternative Financing](https://www.lument.com/loan-term-sheets/non-agency-alternative-financing/)
- [Conventional Forwards](https://www.lument.com/loan-term-sheets/freddie-mac-optigo-conventional-forwards/)
- [Moderate Rehabilitation (Mod Rehab) Supplemental Mortgage Loan for Multifamily Affordable Properties (MAH)](https://www.lument.com/loan-term-sheets/fannie-mae-mod-rehab-supplemental-mortgage-loan-for-affordable-properties/)
- [Unfunded Forward Commitment for 9% LIHTC Properties](https://www.lument.com/loan-term-sheets/fannie-mae-unfunded-forward-commitment-9-percent-lihtc-properties/)
- [Unfunded Forward Commitment for 4% LIHTC Properties](https://www.lument.com/loan-term-sheets/fannie-mae-unfunded-forward-commitment-4-percent-lihtc-properties/)
- [Sponsor-Dedicated Workforce (SDW) Housing](https://www.lument.com/loan-term-sheets/fannie-mae-sponsor-dedicated-workforce-sdw-housing/)
- [MBS Exchange (Taxable Forward)](https://www.lument.com/loan-term-sheets/fannie-mae-mbs-exchange-taxable-forward/): 1 Adjustments may be made depending on the property, product, or market. 
- [Declining (Graduated) Prepayment Premium](https://www.lument.com/loan-term-sheets/fannie-mae-declining-prepayment-premium/): FIXED RATE DECLINING PREPAYMENT PREMIUM STRUCTURES
- [Structured Adjustable Rate Mortgage Loans (SARM Loans)](https://www.lument.com/loan-term-sheets/fannie-mae-structured-adjustable-rate-mortgage-loans-sarm-loans/)
- [Sponsor-Initiated Affordability (SIA)](https://www.lument.com/loan-term-sheets/fannie-mae-sponsor-initiated-affordability/)
- [Early Rate-Lock](https://www.lument.com/loan-term-sheets/freddie-mac-optigo-early-rate-lock/): ERL allows the Borrower to lock the full note rate months before closing, with limited preliminary requirements. Full due diligence is provided after ERL and some aspects of the transaction can be modified, as needed, to provide flexibility.
- [Floating-Rate Loan](https://www.lument.com/loan-term-sheets/freddie-mac-optigo-floating-rate-loan/): 1The DCR calculated for the partial-term interest-only and full-term interest-only period uses an amortizing payment.
- [Seniors Housing Loan](https://www.lument.com/loan-term-sheets/freddie-mac-optigo-seniors-housing-loan/): Download the PDF for the full term sheet.
- [Manufactured Housing Community Loan](https://www.lument.com/loan-term-sheets/freddie-mac-optigo-manufactured-housing-community-loan/): 1 Floating-rate proceeds are calculated based on the comparable fixed note rate.2 The DCR calculated for the partial-term interest-only and full-term interest-only period used an amortizing payment.3 Adjustments may be required depending on the property, product and/or market.4 For partial-term interest-only loans, there must be a minimum amortization period of 2 years. All mortgages with
- [Index Lock](https://www.lument.com/loan-term-sheets/freddie-mac-optigo-index-lock/): 1If the quoted Treasury floor, if applicable, is triggered at the time of index lock, the spread will be increased by a corresponding amount.
- [Impact Gap Financing](https://www.lument.com/loan-term-sheets/freddie-mac-optigo-impact-gap-financing/): 1Indicative terms – may vary by Investor.2Underwriting parameters are maximum allowed by the program. Transactions will be screened on a deal-by-deal basis and parameters may be adjusted at the Freddie Mac Underwriting team’s discretion.3Surplus Cash: Cash flow after payment of debt service, impositions and reserves on the Senior Loan, any other amount owed to Senior Lender, and reasonable operating expenses.
- [Cash Loan for Affordable Housing Preservation](https://www.lument.com/loan-term-sheets/freddie-mac-optigo-cash-loan-for-affordable-housing-preservation/): 1Adjustments may be made depending on the property, product and/or market.
- [Bond Credit Enhancement with 4% LIHTC](https://www.lument.com/loan-term-sheets/freddie-mac-optigo-bond-credit-enhancement-with-4-lihtc-affordable-housing/): 1May include bond refunding, substitution, or new issue transactions with 80-20 bonds, taxable bonds in combination with tax-exempt bonds, 501(c)(3) bonds, Section 8, Section 236, tax abatements and LIHTC.
- [Bond Credit Enhancement with Other Affordability Components](https://www.lument.com/loan-term-sheets/freddie-mac-optigo-bond-credit-enhancement-with-other-affordability-affordable-housing/): 1Adjustments may be made depending on the property, product and/or market.
- [9% LIHTC Cash Loan](https://www.lument.com/loan-term-sheets/freddie-mac-optigo-9-lihtc-cash-loan-affordable-housing/): The LIHTC Program, based on Section 42 of the Internal Revenue Code, was enacted by Congress in 1986 to provide the private market an incentive to invest in affordable rental housing. Federal housing tax credits are awarded to developers of qualified projects. Developers then sell these credits to investors to raise capital (or equity) for their projects, which reduces the debt the developer would otherwise have to borrow.
- [Fixed-Rate Loan](https://www.lument.com/loan-term-sheets/freddie-mac-optigo-fixed-rate-loan/): 1 The DCR calculated for the partial-term interest-only and full-term interest-only period uses an amortizing payment.2 Adjustments may be made depending on the property, product and/or market.3 For partial-term interest-only loans, there must be a minimum amortization period of 5 years for loans with terms greater than 5 years. Acquisition loans with 5-year terms may have up to 1 year of partial-term interest-only. For terms of 10 years or more, loans may have interest only in an amount equal to no more than half of the loan term.4 Maximum combined maturity LTV for Partial Interest Only loans is 70%, and subject to adjustment for certain property and loan types.
- [HUD Section 8 Financing](https://www.lument.com/loan-term-sheets/freddie-mac-optigo-hud-section-8-financing/)
- [Lease-Up Loan](https://www.lument.com/loan-term-sheets/freddie-mac-optigo-lease-up-loan/)
- [Manufactured Housing Resident Owned Community Loan (MHROC)](https://www.lument.com/loan-term-sheets/freddie-mac-optigo-manufactured-housing-resident-owned-community-loan-mhroc/): 1Adjustments to DCRs and LTVs may be required depending on the property, product and/or market.2‘As market rate rental’ – income and expenses underwritten as a conventional rental property operation. 3‘As cooperative’ – income and expenses underwritten as a resident-owned cooperative (as-is).
- [Student Housing Loan](https://www.lument.com/loan-term-sheets/freddie-mac-optigo-student-housing-loan/): 1The DCR calculated for the partial-term interest-only and full-term interest-only periods uses an amortizing payment.2Adjustments may be made depending on the property, product and/or market. For properties with less than 2 years of leasing operations, subtract 5% from the LTV and add 0.05 to the DCR.3Floating-rate proceeds are calculated based on the comparable fixed note rate.4For partial-term interest-only loans, there must be a minimum amortization period of 2 years and a maximum maturity LTV of 70%, subject for adjustment for certain property and loan types. All mortgages with
- [Supplemental Loan](https://www.lument.com/loan-term-sheets/freddie-mac-optigo-supplemental-loan-term-sheet/): 1All DCRs and LTVs are calculated based on the sum of the amortizing debt service and unpaid principal balance of the first loan and all existing and proposed supplemental loans.2For partial-term interest-only loans, there must be a minimum amortization period of 2 years. All mortgages with
- [Moderate Rehab Loan](https://www.lument.com/loan-term-sheets/freddie-mac-optigo-moderate-rehab-loan/)
- [Float-to-Fixed-rate Loan (Two-Plus-Seven)](https://www.lument.com/loan-term-sheets/freddie-mac-optigo-float-to-fixed-rate-loan-two-plus-seven/)
- [NOAH Preservation Loan](https://www.lument.com/loan-term-sheets/freddie-mac-optigo-noah-naturally-occuring-affordable-housing-preservation-loan/): 1Loan terms may be up to 30 years which will be determined on a case-by-case basis.2Underwriting parameters are maximum allowed by the program. Transactions will be screened on a deal-by-deal basis and parameters may be adjusted at the Freddie Mac Underwriting team’s discretion.

## Lument Case Studies
- [Lument Joins Dream Team for Successful RAD Conversion of Public Housing in Lorain, Ohio](https://www.lument.com/case-study/lument-joins-dream-team-for-successful-rad-conversion-of-public-housing-in-lorain-ohio/): The substantial rehabilitation dramatically improves 353 units.
- [Lument’s Consensus-Building, Creativity, and Speed Pay Off for West Virginia](https://www.lument.com/case-study/luments-consensus-building-creativity-and-speed-pay-off-for-west-virginia/): West Virginia Sells Long-Term Care Facility Portfolio for $140 million
- [How Lument and Community Leaders Revived Rural Healthcare in Riverton, Wyoming](https://www.lument.com/case-study/how-lument-and-community-leaders-revived-rural-healthcare-in-riverton-wyoming/): A USDA-backed loan is powering construction of a modern rural hospital expected to create jobs and revitalize local healthcare.
- [Lument Teams Up with Freddie Mac and GFI to Finance Transitional Housing in New York City](https://www.lument.com/case-study/lument-freddie-mac-and-gfi-finance-transitional-housing-in-new-york-city/): Lument provided a $5.2 million, five-year, fixed-rate loan that fit the sponsor’s timeline while providing funds that it can use to create additional transitional housing.
- [Lument Helps SNF Secure Financing and Optimize Operations](https://www.lument.com/case-study/lument-helps-snf-secure-financing-and-optimize-operations/): Read how Lument helped improve operations during a strategic acquisition.
- [Securing Fannie Mae Financing for a Time-Sensitive Multifamily Buy](https://www.lument.com/case-study/securing-fannie-mae-financing-for-a-time-sensitive-multifamily-buy/): Learn why StoneRiver Company turned to Lument and Chad Hagwood.
- [Lument Securities Advises on Sale of Miami Retirement Community](https://www.lument.com/case-study/lument-securities-advises-on-sale-of-miami-retirement-community/): Epworth Village Retirement Community is a nonprofit offering the complete continuum of care.
- [Creative Legacy Planning & Employee Ownership for Skilled Nursing Operators](https://www.lument.com/case-study/creative-legacy-planning-and-employee-ownership-for-skilled-nursing-operators/): During the COVID-19 pandemic, the Lument M&A team advised a leading regional skilled nursing owner-operator on a nuanced two-phased transaction.
- [Lument’s Commitment to  Resident-Owned Communities  Pays Off For Aptos Knoll](https://www.lument.com/case-study/luments-commitment-to-resident-owned-communities-pays-off-for-aptos-knoll/): The California MHC Community Secures Low-interest Fixed-Rate Financing for 30 Years.
- [Going all out for a Customer](https://www.lument.com/case-study/going-all-out-for-a-customer/): With interest rates dropping to historic lows, EBSCO Income Properties decided to refinance a portfolio of three communities in Georgia and Alabama.
- [Setting a New Record for Service](https://www.lument.com/case-study/setting-a-new-record-for-service/): Lument fought against time and the pandemic to come through for a 1031 investor.
- [Making the Case for the Borrower](https://www.lument.com/case-study/making-the-case-for-the-borrower/): With COVID-19 outbreaks at skilled nursing facilities making financing of all seniors housing communities more difficult, the Lument team worked closely with Fannie Mae to get the agency comfortable with refinancing a well-established senior living community in Honolulu.
- [A Sustainable Vision for Public Housing](https://www.lument.com/case-study/a-sustainable-vision-for-public-housing-2/): Lument’s Rental Assistance Demonstration (RAD) track record was essential to creating a deeper funding stack for MPHA while keeping all the moving parts running smoothly.

## Lument News
- [HUD Expands FHA Financing Eligibility for Build-to-Rent Communities](https://www.lument.com/hud-expands-fha-financing-eligibility-for-build-to-rent-communities/): HUD now offers long-term FHA financing for qualifying build-to-rent communities.
- [Lument Names Industry Veteran Jon Boone Head of Loan Servicing and Asset Management](https://www.lument.com/lument-names-industry-veteran-jon-boone-head-of-loan-servicing-and-asset-management/): Boone leads the servicing platforms and the expansion of third-party servicing.
- [Lument Helps Historic RAD Renovation](https://www.lument.com/lument-helps-historic-rad-renovation/): Lument provided a FHA 221(d)(4) loan and underwrote tax-exempt bonds.
- [Lument’s Padam Singh Celebrates Reopening of Historic Affordable Housing Community](https://www.lument.com/luments-padam-singh-celebrates-reopening-of-historic-affordable-housing-community/): The newly renovated Kiawah Homes are in Charleston, South Carolina.
- [Lument Helps Sponsor Acquire Multifamily Community in Texas with $13.3 Million Freddie Mac Loan](https://www.lument.com/lument-helps-sponsor-acquire-multifamily-community-in-texas-with-13-3-million-freddie-mac-loan/): The sponsor received maximum loan proceeds.
- [National Church Residences Announce Lument as Corporate National Volunteer of the Year](https://www.lument.com/national-church-residences-announce-lument-as-corporate-national-volunteer-of-the-year/): The two companies work together to enhance the lives of older adults.
- [Lument Continues to Grow Debt Capital Markets Platform with the Addition of Israel Leiner](https://www.lument.com/lument-continues-to-grow-debt-capital-markets-platform-with-the-addition-of-israel-leiner/): Israel Leiner joins Lument as a Managing Director of Debt Capital Markets.
- [New Fannie Mae Streamlined Treasury Lock Provides Earlier Interest-Rate Certainty for Qualified Borrowers](https://www.lument.com/new-fannie-mae-streamlined-treasury-lock-provides-earlier-interest-rate-certainty-for-qualified-borrowers/): Fannie Mae launched an early rate-lock option for repeat sponsors
- [Lument CEO James Flynn Elected Chair of Fannie Mae Multifamily DUS Advisory Council](https://www.lument.com/lument-ceo-james-flynn-elected-chair-of-fannie-mae-multifamily-dus-advisory-council/): The council shares insights and borrower feedback with Fannie.
- [Lument Expands Debt Capital Markets Platform and Mid-Atlantic Presence with Addition of Christian Gorissen](https://www.lument.com/lument-expands-debt-capital-markets-platform-and-mid-atlantic-presence-with-addition-of-christian-gorissen/): Gorissen has more than two decades of multifamily finance experience.
- [Flynn Profiled in Connect CRE 2026 Multifamily Leadership Series](https://www.lument.com/flynn-profiled-in-connect-cre-2026-multifamily-leadership-series/): Flynn discusses how to thrive in a dynamic market.
- [Lument Closes $73.1 Million Bridge Loan for the Acquisition of a Built-to-Rent (BTR) Community in Phoenix](https://www.lument.com/lument-closes-731-million-bridge-loan-for-the-acquisition-of-a-built-to-rent-btr-community-in-phoenix/): Lument delivered certainty of execution in a competitive BTR lending environment.
- [Lument Provides $27.3 Million Freddie Mac Refinance for Texas Multifamily Communities](https://www.lument.com/lument-provides-27-3-million-freddie-mac-refinance-for-texas-multifamily-communities/): Lument navigated volatile treasury yields and pending loan maturities to close the deal.
- [Potential Relief for Multifamily Developers: HUD Proposes Floodplain Rule Changes](https://www.lument.com/potential-relief-for-multifamily-developers-hud-proposes-floodplain-rule-changes/): The move should reduce costs and shorten building timelines.
- [Fannie Mae, Freddie Mac Enter Bullish Phase](https://www.lument.com/fannie-mae-freddie-mac-enter-bullish-phase/): Lument's Ian Monk notes agency executions remain competitive.
- [Lument’s Barnes Wins Connect NextGen 2026 Award](https://www.lument.com/luments-barnes-wins-connect-nextgen-2026-award/): Barnes helps close complex affordable housing transactions.
- [Lument Ranks in Top 10 for Combined Fannie Mae, Freddie Mac, and FHA Originations in MBA 2025 Rankings](https://www.lument.com/lument-ranks-in-top-10-for-combined-fannie-mae-freddie-mac-and-fha-originations-in-mba-2025-rankings/): Lument’s combined volume doubled year-over-year to $6.2 billion in 2025.
- [Lument Provides $9.5 Million Acquisition Financing for Florida Shopping Center](https://www.lument.com/lument-provides-9-5-million-acquisition-financing-for-florida-shopping-center/): The property is a Publix-anchored shopping center in Seminole County.
- [Lument Expands Debt Capital Markets Platform with Addition of Rob Bedwell](https://www.lument.com/lument-expands-debt-capital-markets-platform-with-addition-of-rob-bedwell/): Bedwell will lead Lument's life company lending strategy.
- [Lument Named Top Ten Affordable Housing Lender](https://www.lument.com/lument-named-top-ten-affordable-housing-lender/): Lument moved up from the twelfth spot in 2025.
- [Lument’s Smith Wins Freddie Mac Excellence in Servicing Award](https://www.lument.com/luments-smith-wins-freddie-mac-excellence-in-servicing-award/): This is the second consecutive year a Lument employee has won this award.
- [HUD Eases Environmental Requirements for FHA Multifamily Loan Programs](https://www.lument.com/hud-eases-environmental-requirements-for-fha-multifamily-loan-programs/): The changes should reduce borrower costs.
- [Lument Closes $28 Million HUD/FHA Multifamily Loan for the Acquisition and Rehabilitation of Ohio Affordable Housing](https://www.lument.com/lument-closes-28-million-hud-fha-multifamily-loan-for-the-acquisition-and-rehabilitation-of-ohio-affordable-housing/): The units were converted through the RAD program in conjunction with LIHTCs.
- [Lument’s Paul Weissman on Affordable Housing Finance, Career Paths, and Industry Complexity](https://www.lument.com/luments-paul-weissman-on-affordable-housing-finance-career-paths-and-industry-complexity/): Paul Weissman, head of affordable housing production at Lument, recently joined the Beyond the Resume podcast to discuss affordable housing finance, career development, and the realities of getting deals done. The conversation highlights Lument’s role as a multifamily lender across Fannie Mae, Freddie Mac, and HUD/FHA platforms, as well as Weissman’s unconventional path into the industry — from studying foreign languages and living abroad to building a career in tax credit syndication and affordable housing finance.
- [Lument Provides $14.4 Million Fannie Mae Multifamily DUS® Loan for the Acquisition of Houston Apartment Community](https://www.lument.com/lument-provides-14-4-million-fannie-mae-multifamily-dus-loan-for-the-acquisition-of-houston-apartment-community/): Lument's credit team was praised for its underwriting on the deal.
- [Lument Closes $21.2 Million HUD Express Lane Refinance for Nebraska Assisted Living Community](https://www.lument.com/lument-closes-21-2-million-hud-express-lane-refinance-for-nebraska-assisted-living-community/): Lument got a firm commitment just seven days after submission.
- [Culpepper Wins GlobeSt. 2026 Women of Influence Award](https://www.lument.com/culpepper-wins-globest-2026-women-of-influence-award/): Stephanie has held several roles at Lument and ORIX USA.
- [Wong-Hammond Named GlobeSt. Woman of Influence 2026](https://www.lument.com/wong-hammond-named-globest-woman-of-influence-2026/): Wong-Hammond leads Lument's M&A team.
- [Lument Acquires $400 Million Life Company Servicing Portfolio from V.P. Clarence Company](https://www.lument.com/lument-acquires-400-million-life-company-servicing-portfolio-from-v-p-clarence-company/): The acquisition strengthens Lument's servicing and life company abilities.
- [HUD Loan Helps Refinance Historic Affordable Housing Development in Boston](https://www.lument.com/hud-loan-helps-refinance-historic-affordable-housing-development-in-boston/): A recent article in Novogradac Journal of Tax Credits details how Lument’s Tracy Peters helped HallKeen Management close a $27 million U.S. Department of Housing and Urban Development (HUD)/Federal Housing Administration (FHA) Section 223(f) loan to refinance East Canton Street Apartments, an 80-unit affordable housing community in the Ink Block neighborhood of Boston. East Canton is a historic building that has provided affordable housing since the late 1800s. The FHA loan provides several benefits, including replenishing replacement reserves and injecting capital into renovations, allowing the community to serve low-income residents for years to come.
- [Lument Bolsters Conventional Multifamily Production in Pacific Northwest with Frank Hornung Hire](https://www.lument.com/lument-bolsters-conventional-multifamily-production-in-pacific-northwest-with-frank-hornung-hire/): Hornung has originated more than $3 billion in loans throughout his 25-year career.
- [Lument Closes $25.2 Million in Fannie Mae Refinancing for Evanston, IL Multifamily Portfolio](https://www.lument.com/lument-closes-25-2-million-in-fannie-mae-refinancing-for-evanston-il-multifamily-portfolio/): Lument has closed several transactions with the Chicago-based borrower.
- [Lument Closes $26.8 Million Freddie Mac Refinance for Leisure Care Community in Utah](https://www.lument.com/lument-closes-26-8-million-freddie-mac-refinance-for-leisure-care-community-in-utah/): The Freddie Mac loan provides cash-out proceeds for future development.
- [Lument Closes $30.7 Million Fannie Mae Refinance for D.C. Affordable Housing](https://www.lument.com/lument-closes-30-7-million-fannie-mae-refinance-for-d-c-affordable-housing/): The Fannie loans have a fixed rate and 10-year term with interest only for five years.
- [Proposed HUD Updates Signal Meaningful Improvements for FHA Multifamily Borrowers](https://www.lument.com/proposed-hud-updates-signal-meaningful-improvements-for-fha-multifamily-borrowers/): Provisions would improve borrower economics and streamline execution.
- [Lument Expands Real Estate Investment Sales into Seniors Housing with Strategic Hire of Florea and Lukehart](https://www.lument.com/lument-expands-real-estate-investment-sales-into-seniors-housing-with-strategic-hire-of-florea-and-lukehart/): The duo will focus on disposition strategy and portfolio optimization.
- [Affordable Housing’s Cautious Upswing](https://www.lument.com/affordable-housings-cautious-upswing/): Paul Weissman highlights opportunities for affordable housing developers in 2026.
- [Lument Approved to Offer Freddie Mac Optigo® Conventional Forwards](https://www.lument.com/lument-approved-to-offer-freddie-mac-optigo-conventional-forwards/): Market-rate multifamily housing developments are eligible.
- [Lument Closes $15.9 Million Freddie Mac Refinance for Florida Seniors Housing Community](https://www.lument.com/lument-closes-15-9-million-freddie-mac-refinance-for-florida-seniors-housing-community/): The loan refinances bank debt and provides funds for development.
- [Lument Closes $58.2 Million Freddie Mac Refinance for Seniors Housing in Upstate New York](https://www.lument.com/lument-closes-58-2-million-freddie-mac-refinance-for-seniors-housing-in-upstate-new-york/): Tyler Armstrong, Chris Cain, and Taylor Russ led the transaction.
- [Andy Warnock Wins GlobeSt. Rainmaker Award](https://www.lument.com/andy-warnock-wins-globest-rainmaker-award/): Warnock and team closed over $1.1 billion in transactions in 2024 and 2025.
- [Lument’s Evan Hom Named GlobeSt. Rainmaker for 2026](https://www.lument.com/luments-evan-hom-named-globest-rainmaker-for-2026/): Hom's deal expertise helped him earn the nod.
- [Can Multifamily Loan Originations Sustain Momentum in 2026?](https://www.lument.com/can-multifamily-loan-originations-sustain-momentum-in-2026/): Ian Monk details an active time for loan origination.
- [HUD Healthcare Lenders Post Strong FY 2025 Due to Pent-Up Demand](https://www.lument.com/hud-healthcare-lenders-post-strong-fy-2025-due-to-pent-up-demand/): Lenders closed $5.96 billion in loans for FY 2025, up 89% from a year prior.
- [Lument Expands Southwest Footprint with the Hiring of an Arizona Multifamily Production Team](https://www.lument.com/lument-expands-southwest-footprint-with-the-hiring-of-an-arizona-multifamily-production-team/): Jack Pomerantz and Scotty Nielson join Lument as managing directors.
- [Lument Closes $53.1 Million Balance Sheet Refinance for Luxury Multifamily Community in Columbus](https://www.lument.com/lument-closes-53-1-million-balance-sheet-refinance-for-luxury-multifamily-community-in-columbus/): The loan refinances debt, funds reserve accounts, and supports lease-up.
- [Ground Leases 101: What Developers Need to Know](https://www.lument.com/ground-leases-101-what-developers-need-to-know/): Ground leases are increasingly being used in financing structures.
- [Lument Closes $21.5 million FHA Section 232/223(f) Refinance for Seniors Housing in Washington State](https://www.lument.com/lument-closes-21-5-million-fha-section-232-223f-refinance-for-seniors-housing-in-washington-state/): Lument used HUD's Express Lane to close the transaction quickly.
- [Lument Hires Hiatt to Lead Conventional Multifamily Underwriting Team](https://www.lument.com/lument-hires-hiatt-to-lead-conventional-multifamily-underwriting-team/): Hiatt has overseen the underwriting of more than $10 billion in agency loans
- [Lument Ranked Top FHA Multifamily Lender by Loan Count for HUD’s 2025 Fiscal Year](https://www.lument.com/lument-ranked-top-fha-multifamily-lender-by-loan-count-for-huds-2025-fiscal-year/): Lument is the number one FHA MAP lender by loan count for five years running.

## Mergers & Acquisitions
- [Laca Wong-Hammond](https://www.lument.com/mergers-acquisitions/laca-wong-hammond/): Laca Wong-Hammond is a managing director, head of mergers and acquisitions (M&A) at Lument. She is in charge of business development and management of the firm’s sell-side, corporate finance, and strategic advisory services to owners and operators of senior care and seniors housing, as well as across the healthcare, multifamily, and commercial real estate spectrum.

Lument delivers flexible capital solutions, a fully integrated investment sales platform, and strategic insight to help clients maximize opportunities in commercial real estate.

Key pages:
- Solutions & financing: https://www.lument.com/[solutions hub]
- Investment sales: https://www.lument.com/[investment-sales]
- Case studies: https://www.lument.com/[case-studies]
- Our people: https://www.lument.com/our-people/
- Contact: https://www.lument.com/[contact]