Walker & Dunlop HUD Team Finances Over $135 Million for Six Rhode Island Properties in Six Months
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 arranged $135,323,400 in HUD loans for six multifamily properties in Rhode Island between October 2023 and February 2024. The team worked alongside the U.S. Department of Housing and Urban Development (HUD) to complete the financing. They utilized HUD's FHA Section 223(f) program, allowing the client to secure six fully amortizing long-term loans as well as the option to cash out equity at a 1.111x debt service coverage ratio (DSCR) for necessary repairs.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240409630799/en/Scituate Vista Building (Photo: Business Wire)The Walker & Dunlop HUD Financing team, led by Chris Rumul, served as exclusive advisors to the client, Carpionato Group, and successfully arranged all six loans. Led by Kelly MacArthur Coates, Carpionato Group is a prominent New England real estate development company with over 50 year
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News
- Walker & Dunlop, Inc. (NYSE:WD) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Walker & Dunlop, Inc. (NYSE: WD) had its "neutral" rating re-affirmed by analysts at Wedbush. They now have a $95.00 price target on the stock.MarketBeat
- Walker & Dunlop Reports First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Walker & Dunlop Reports First Quarter 2024 Financial ResultsBusiness Wire
- Walker & Dunlop Closes $155 Million Refinancing for Manhattan’s Lexington HotelBusiness Wire
WD
Earnings
- 5/2/24 - Beat
WD
Sec Filings
- 5/2/24 - Form S-8
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- WD's page on the SEC website