Lument Closes $27.3 million in Freddie Mac Loans to Refinance Trio of Juniper Communities

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New York, NY — Lument announces today the refinancing of three Juniper Village seniors housing communities with a combined 254 units via three Freddie Mac loans totaling $27.3 million. Casey Moore, managing director based in San Diego, and Miles Kingston, director based in Philadelphia, led the transaction for Lument.

Located in Pennsylvania, the three communities are Juniper Village at Forest Hills, which offers 60 assisted living (AL) units and 12 memory care (MC) units; Juniper Village at Lebanon, which consists of 40 independent living (IL) units and 81 AL units; and Juniper Village at Mount Joy, which has 50 AL units and 11 MC units.

“Juniper has long been one of the most innovative and forward-thinking operators in our industry,” said Lument’s Moore. “Collaborating with them has been a pleasure, as we know the immense value they bring to the table for their residents and communities.”

Juniper is known as the first woman-founded and led senior living company in the U.S. With over 40 years of experience, it operates a total of 27 communities in four states: Colorado, New Jersey, Pennsylvania, and Texas.

“Anytime we can help a top-notch organization such as Juniper advance its plans, we are more than happy to assist,” said Lument’s Kingston.

The Freddie Mac loans carry attractive fixed interest rates, 10-year terms with five years interest only, and 30-year amortization schedules.

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 600 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/.