Lument Secures $26.8 Million Refinance Loan For Treeo South Ogden Multifamily Community

The asset involved is a 143-unit multifamily property located at 6086 Ridgeline Drive in South Ogden, UT. This property is identified as Treeo South Ogden and is classified as a senior living community. The refinance loan secured for this property amounts to $26.8 million.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $26,800,000
• Loan Type: Refinance
• Lender: Lument
• Market: South Ogden, UT
• Units: 143

The deal involves multiple brokers from Lument, including Tyler Armstrong, Chris Cain, and Taylor Russ, representing the lender in securing the refinance loan for the property owned and operated by Leisure Care.