Walker & Dunlop Arranges $109 Million Construction Financing for Brooklyn Multifamily Development
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 structured $109,000,000 in construction financing for the development of 1034-1042 Atlantic Avenue, a to-be-constructed, 247-unit Class-A multifamily development located on two conjoining parcels creating a cross-block lot between Atlantic Avenue and Pacific Street in Brooklyn, New York.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240318925761/en/1034-1042 Atlantic Avenue in Crown Heights, Brooklyn. (Photo: Business Wire)The Walker & Dunlop Capital Markets team, led by Keith Kurland, Aaron Appel, Jonathan Schwartz, Adam Schwartz, Jordan Casella and William Herring acted as exclusive advisors to EMP Capital Group. The team identified QuadReal Property Group as the lender to secure the five year, interest-only construction loan. Loan proceeds will be used to repay the existing debt and fund ongoing development costs."Meticulously designed with
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- Walker & Dunlop Investment Partners Closes Five Equity InvestmentsBusiness Wire
- Walker & Dunlop Announces First Quarter 2024 Earnings Conference Call DetailsBusiness Wire
WD
Earnings
- 2/15/24 - Beat
WD
Sec Filings
- 4/12/24 - Form 8-K
- 3/22/24 - Form 4
- 3/22/24 - Form 4
- WD's page on the SEC website