775
DUNCANVILLE, TEXAS — Lument has provided a $34.7 million Fannie Mae acquisition loan for Wexford Townhomes, a 122-unit multifamily property in Duncanville, a southern suburb of Dallas. The 17-building property was built on nine acres in 1984 and renovated in 2016. Michael Curland of Lument originated the 10-year loan, which carries a fixed interest rate, 30-year amortization schedule and five years of interest-only payments, through Fannie Mae’s Green Rewards program on behalf of the undisclosed borrower.