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Stock impact report

Walker & Dunlop Arranges Sale and Financing for Cambridge Multifamily Asset [Yahoo! Finance]

Walker & Dunlop, Inc (WD) 
Last walker & dunlop, inc earnings: 2/5 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
mixed-use, two-building property located in the heart of Cambridge, in Central Square, Massachusetts. Travis D'Amato Michael Coyne Brendan Shields Kevin Gleason , and Maggie McFarland , executed the $53.6 million sale of the property on behalf of an institutional seller. Concurrently, Andrew Gnazzo and Mike Darling secured acquisition financing for John M Corcoran & Company (JMC), arranging a $37.1 million fixed-rate, interest-only Fannie Mae loan. JMC has partnered with Stars REI , a global, privately held company with real estate holdings in the U.S. and the U.K., to provide property and asset management services to 929 MASS and complete property upgrades. "Combined with its prime location in one of Greater Boston's most dynamic and sought-after submarkets, 929 MASS has strong potential to meet local housing demand and enhance the units to appeal to affluent professionals working in the area," said D'Amato, managing director at Walker & Dunlop. "We are happy to support this tran Show less Read more
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