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Walker & Dunlop Completes Complex Financing for Two Green Certified Multifamily Properties in Wisconsin
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$28,362,000 in Fannie Mae Green financing for
Maple Grove Apartment Homes and
Middleton Shores Apartments, located in Madison and Middleton, Wisconsin. The portfolio comprises 462 units in total, all of which qualify as mission-driven, affordable housing under Federal Housing Finance Agency (FHFA) guidelines.
Led by Pat Dempsey, Jeff Schmidt, and Tim Cotter, Walker & Dunlop s financing team expertly navigated Fannie Mae s loan programs to refinance each property through the agency s Green Building Certification program. At the time of the financing, both Maple Grove and Middleton Shores had already undergone significant green upgrades. This precluded the properties from qualifying for discounted financing through the Green Rewards program, which incentivizes future upgrades. The team identified the lesser-known Green Building Certificatio