Lument Arranges $50 Million to Refinance Two Texas Multifamily Communities News provided by Share this article NEW YORK, Jan. 14, 2021 /PRNewswire/ -- Lument has provided two conventional multifamily loans totaling $50 million to refinance two Texas apartment communities, The Palazzo in San Antonio and Fairways at South Shore in League City, a suburb located between Houston and Galveston. The sponsor, Venterra Realty, owns and manages apartments in six states that are home to more than 29,000 people. Colin Cross, a managing director based in Lument's Dallas office, originated the transaction. "These financings for properties owned by one of the premier multifamily owners in the country highlight our capacity to match the funding source and the execution to the specific circumstances surrounding a property," Cross said.