Wegman Cos Secures $58.2 Million Freddie Mac Refinance For Senior Housing In Rochester
1471 Long Pond Road
$58,200,000
Units
332
Asset Type
Senior Housing
Closing
Apr 23, 2026
AI
The Village at Unity and The Hamlet is a senior housing property comprised of 332 units located at 1471 Long Pond Road in the Rochester market. The refinance transaction facilitated a loan amount of $58,200,000 through Freddie Mac.
Summary of transaction details:
- Property Type: Senior Housing
- Transaction Amount: $58,200,000
- Lender: Freddie Mac
- Landlord: Wegman Cos
- Brokers: Tyler Armstrong, Chris Cain & Taylor Russ - Lument
- Loan Type: Refinance
The refinancing was arranged by Lument, highlighting their role in supporting Wegman Cos in this transaction at The Village at Unity and The Hamlet.
Players
Rochester Senior Housing Market Snapshot
Boundary boundary · Senior Housing · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.27%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93