Key to Housing Plans $54 Million Lument Mortgage
- Disclosed value
- Not to exceed $54,000,000
- From resolution
- Document date
- Nov 9, 2026
The 30-second brief
Key to Housing, Inc. plans to obtain a HUD-insured multifamily mortgage from Lument Real Estate Capital, LLC for the Emerald Apartments. The loan will not exceed $54 million and is intended to provide long-term financing for the 160-unit property, with debt-service stability for up to 35 years.
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.
Term as filed: Long-term HUD-insured loan; financing provides debt-service certainty for up to 35 years.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $54,000,000
- Document date
- November 9, 2026
- Term
- Long-term HUD-insured loan; financing provides debt-service certainty for up to 35 years
- Source document
- Housing Authority of the City of Los Angeles Resolution Authorizing and Approving the Fourth Amended and Restated Bylaws of Key to Housing, Inc. 2026-11-12 (Resolution)
Lument Real Estate Capital LLC's other public contracts
More Housing Authority of the city of Los Angeles contracts
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 November 9, 2026. The contract value is Not to exceed $54,000,000.
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 Not to exceed $54,000,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Housing Authority of the City of Los Angeles Resolution Authorizing and Approving the Fourth Amended and Restated Bylaws of Key to Housing, Inc. 2026-11-12 (Resolution), dated November 9, 2026 from Housing Authority of the city of Los Angeles. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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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.