Walker & Dunlop Structures $37 Million in Financing for Skilled Nursing and Supportive Living Facilities
Walker & Dunlop, Inc (WD)
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Source: PR Newswire
BETHESDA, Md., May 26, 2020 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured $14,895,100 in financing for The Grove Fox Valley, a 156-bed skilled nursing facility located in Aurora, Illinois, $14,960,000 in financing for WellBridge of Novi, a 100-bed skilled nursing facility in Novi, Michigan, and $7,377,600 Asbury of Kankakee, a 98-bed supportive living facility in Kankakee, Illinois. Walker & Dunlop Senior Managing Director, Joshua Rosen, led the origination team, which has extensive experience with seniors housing and healthcare facilities across the country. Leveraging their knowledge of the U.S. Department of Housing and Urban Development (HUD) lending platform, the Walker & Dunlop team utilized HUD's LEAN 232/233(f) refinance program, which provides long-term and reduced-rate financing for specialty healthcare facilities.The permanent financing for The Grove Fox Valley will replace the existing debt previously provided by Walker & Dunlop's bridge lending
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News
- Gray Capital Acquires 444-Unit River Club Apartments [Yahoo! Finance]Yahoo! Finance
- Walker & Dunlop, Inc. (NYSE:WD) is a favorite amongst institutional investors who own 82% [Yahoo! Finance]Yahoo! Finance
- Walker & Dunlop Investment Partners Closes Five Equity InvestmentsBusiness Wire
- Walker & Dunlop Announces First Quarter 2024 Earnings Conference Call DetailsBusiness Wire
- Walker & Dunlop, Inc. (NYSE: WD) was downgraded by analysts at Wedbush from an "outperform" rating to a "neutral" rating. They now have a $95.00 price target on the stock, down previously from $130.00.MarketBeat
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