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Stock impact report

Walker & Dunlop Arranges $96 Million Refinancing for Class A Louisville Portfolio [Yahoo! Finance]

Walker & Dunlop, Inc (WD) 
Last walker & dunlop, inc earnings: 2/5 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
recapitalize three newly constructed Class A communities totaling 640 units in Louisville, Kentucky. Walker & Dunlop Capital Markets arranged the refinancing transactions on behalf of Highgates Group. Jonathan Zilber Joel Chetner , and Josh Geller, secured three floating-rate, interest-only loans from an institutional lender. Proceeds will be used to repay existing debt, fund closing costs, and return capital to investors. "Our team arranged the transactions across properties at different stages of completion and lease-up, each requiring a tailored capital solution. The ability to deliver cash-out proceeds with additional earn-out structures on a non-recourse basis at competitive terms, highlights the strength of our platform and the continued availability of capital for experienced developers in today's market," said Zilber, senior managing director at Walker & Dunlop. "We're grateful for the opportunity to partner with Highgates Group and deliver solutions that align with both t Show less Read more
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