Civic IQ
CONTRACTPENDING
Get alerts

HACLA Seeks $54 Million Emerald Apartments Loan

Housing Authority of the city of Los Angeles logoHousing Authority of the city of Los Angeles
Disclosed value
Up to $54,000,000; currently estimated at approximately $53,280,000
From resolution
Document date
May 19, 2026
Term
35 years

The 30-second brief

What it covers

HACLA is seeking authorization to negotiate a HUD Section 223(f) permanent financing loan with Lument Real Estate Capital, LLC for Emerald Apartments. The loan may total up to $54 million, is expected to run 35 years, and would refinance acquisition-related costs for the 160-unit Los Angeles property.

Who holds it

Lument Real Estate Capital LLC holds this financial services contract with Housing Authority of the city of Los Angeles. Its other public contracts on record include work for City of Yankton and North Carolina Department of State Treasurer | State of North Carolina.

What happens next

Term as filed: 35 years.

See who decides the next one before it's bid.

Get pre-RFPs free

Free account · 30-second setup · No credit card

Prefer ChatGPT or Claude? Ask Civic IQ about this contract →

Contract details

Contract type
Financial Services
Amount
Up to $54,000,000; currently estimated at approximately $53,280,000
Document date
May 19, 2026
Term
35 years
Vendor
Lument Real Estate Capital LLC
Agency
Housing Authority of the city of Los Angeles
Source document
Housing Authority of the City of Los Angeles Resolution Authorizing HUD 223(f) Loan and Permanent Financing for Emerald Apartments 2026-05-19 (Resolution)

Lument Real Estate Capital LLC's other public contracts

Housing Authority of the city of Los Angeles, CaliforniaKey to Housing Plans $54 Million Lument Mortgage · Nov 9, 2026City of Yankton, South DakotaLument Real Estate Capital Named TIF Assignee · Nov 7, 2026UndisclosedCity of Yankton, South DakotaCity Considers TIF Assignment to Lument Real Estate Capital · Nov 7, 2026UndisclosedNorth Carolina Department of State Treasurer | State of North Carolina, North CarolinaLument Approved for $25 Million Westgreen Financing · Feb 4, 2026North Carolina Department of State Treasurer | State of North Carolina, North CarolinaLument to Purchase Westgreen Housing Bonds · Feb 1, 2026$25MAll Lument Real Estate Capital LLC contractsVendor profile

More Housing Authority of the city of Los Angeles contracts

City of Los AngelesHACLA Approves $31.34 Million Measure A Housing MOU · Nov 9, 2026Crenshaw Crossing LLCCo-General Partner Supports Affordable Housing Project · Nov 9, 2026UndisclosedGUIDEHOUSEGuideHouse Continues HACLA Customer Contact Center Assessment · Nov 9, 2026UndisclosedBerkadia Commercial Mortgage LLCBerkadia Named Permanent Lender For Phase S6 · Nov 9, 2026Lument Real Estate Capital LLCKey to Housing Plans $54 Million Lument Mortgage · Nov 9, 2026All Housing Authority of the city of Los Angeles activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Housing Authority of the city of Los Angeles?

Lument Real Estate Capital LLC was awarded this financial services contract by Housing Authority of the city of Los Angeles, as recorded on May 19, 2026. The contract value is Up to $54,000,000; currently estimated at approximately $53,280,000.

How much is the Lument Real Estate Capital LLC contract with Housing Authority of the city of Los Angeles worth?

The Lument Real Estate Capital LLC contract with Housing Authority of the city of Los Angeles is valued at Up to $54,000,000; currently estimated at approximately $53,280,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record.

Where was this contract approved?

This contract appears in Housing Authority of the City of Los Angeles Resolution Authorizing HUD 223(f) Loan and Permanent Financing for Emerald Apartments 2026-05-19 (Resolution), dated May 19, 2026 from Housing Authority of the city of Los Angeles. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Lument Real Estate Capital LLC hold?

Lument Real Estate Capital LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Housing Authority of the city of Los Angeles currently buying?

Explore Housing Authority of the city of Los Angeles's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →
More Housing Authority of the city of Los Angeles contracts →Browse all agencies in California →