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Stock impact report

Walker & Dunlop Structures $37 Million in Financing for Skilled Nursing and Supportive Living Facilities

Walker & Dunlop, Inc (WD) 
Last walker & dunlop, inc earnings: 2/5 06:00 am Check Earnings Report
Company Research 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 Show less Read more
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