Lument has underwritten $25 million in short-term bonds and closed a $22.1 million Freddie Mac unfunded forward loan to support the development of a mixed-income senior housing community in Dallas, reports Senior Housing News.
The project — dubbed The Oaks — is being co-developed by DHA Housing Solutions for North Texas (DHA) and Volunteers of America National Services, which is the sponsor and guarantor. Read more.
