Lument announced the closing of an $18.9 million U.S. Department of Housing and Urban Development (HUD)/Federal Housing Administration (FHA) Sec. 223(a)(7) refinance for The Guilford House, a 96-bed assisted living (AL) and skilled nursing facility (SNF) in Guilford, Connecticut. The successful closing refinances a blended-rate loan from 2019 provided by Lument to fund an expansion of AL units and services. Aaron Becker, head of seniors housing and healthcare production for Lument, led the transaction.
