Walker & Dunlop Structures $86 Million in Freddie Mac Financing for Two Seniors Housing Communities in California and Hawaii
BETHESDA, MD - Walker & Dunlop, Inc. announced that it structured financing for two seniors housing properties. The loans provided $45,000,000 to EWS Real Estate Investment Company for Palo Alto Commons, a 181-unit property located in Palo Alto, California, and $41,000,000 to The MW Group for The Plaza at Moanalua, a 160-bed community located in Honolulu, Hawaii. Both properties offer assisted living, independent living, and memory care services. Russell Dey led Walker & Dunlop's team in structuring the financing for MW Group, and Mr. Dey and Senior Managing Director Jay Thomas w...
Source: multifamilybiz.com