Walker & Dunlop Arranges $137 Million Financing for Downtown Boston Community
Walker & Dunlop, Inc (WD)
Last walker & dunlop, inc earnings: 2/5 06:00 am
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Source: Business Wire
BETHESDA, Md.--(BUSINESS WIRE)--Walker & Dunlop, Inc. announced today that it has financed $137,288,000 for LUKA on the Common, a 398-unit, 30-story trophy asset located in the heart of Downtown Boston.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240926633135/en/LUKA on the Common (Photo: Business Wire)In July, the Walker & Dunlop Boston Investment Sales team, under the leadership of Managing Directors Travis D'Amato and Michael Coyne, facilitated the sale of the property on behalf of the client, AvalonBay Communities, and the buyer, Carmel Partners. Concurrently, the Walker & Dunlop Multifamily Finance team, led by Jeff Burns, secured $137 million in acquisition financing for Carmel Partners. They identified Fannie Mae as the lender and structured it as a five-year, full interest-only loan with an early-rate lock."Boston's multifamily fundamentals are among the strongest in the nation, driven by limited existing and
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News
- Walker & Dunlop, Inc. (NYSE: WD) had its price target raised by analysts at Wedbush from $105.00 to $110.00. They now have a "neutral" rating on the stock.MarketBeat
- Walker & Dunlop, Inc. (NYSE: WD) was upgraded by analysts at Wolfe Research to a "strong-buy" rating.MarketBeat
- Walker & Dunlop’s New Seniors Housing Report Shows Growth, Investment Opportunities and Increased DemandBusiness Wire
- Walker & Dunlop Grows Midwest Capital Markets ExpertiseBusiness Wire
- Walker Webcast Celebrates 200th Episode with General David PetraeusBusiness Wire
WD
Earnings
- 8/8/24 - Beat
WD
Sec Filings
- 9/16/24 - Form 8-K
- 9/10/24 - Form 4
- 9/10/24 - Form 4
- WD's page on the SEC website