Walker & Dunlop Secures $113 Million Acquisition Financing for Class-A Property in Bay Area
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 facilitated the $113 million acquisition financing for Franklin 299, a Class-A multifamily community in one of the most explosive growth markets in the Bay area.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241112083143/en/299 Franklin (Photo: Business Wire)The Walker & Dunlop Multifamily Finance team, led by Jeff Burns, Chris Botsford, Rene Alvarez, Jeff Conahan, and Matt DeMarche, arranged the financing on behalf of longtime client Acacia Capital. Despite the highly competitive financing landscape, the team identified Fannie Mae as the lender willing to expedite the project with an aggressive offer. The entire process closed in an impressive 19 days with the application being signed on September 27, rate locked on September 30, and deal closing on October 16."We were happy to work alongside Acacia to exceed their expectations and close this
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WD
Earnings
- 11/7/24 - Miss
WD
Sec Filings
- 12/20/24 - Form 4
- 12/10/24 - Form 4
- 12/10/24 - Form 4
- WD's page on the SEC website