Lument Securities announced it has facilitated the closing of $21.5 million tax-exempt and taxable bonds to fund the construction and long-term financing of Lashkowitz Riverfront, a 110-unit, affordable multifamily apartment community in Fargo, ND. The project will be developed by BlueLine Development and the Fargo Housing and Redevelopment Authority. Director Thomas Dixon in Lument’s Charlotte, NC office led the transaction, along with Associate Director Kyle Sullivan of Lument Securities.
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