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Walker & Dunlop Structures $12 Million in Financing for Green Globes-Certified Community in Michigan


$12,195,000 in financing for the
Townhomes at Two Rivers, a green certified multifamily property located in Lowell, Michigan, a city within the Grand Rapids metropolitan area.
Townhomes at Two Rivers
Walker & Dunlop Senior Director Benjamin Krosin refinanced the property on behalf of Forest Hills Homes and Rohde Construction, acting as general contractor. The transaction was originated in conjunction with Kari Zapolski, President of Inner Circle Holdings, a Preferred Correspondent of Walker & Dunlop. The team capitalized on their vast knowledge of GSE lending to secure an early rate lock for the ten-year, Fannie Mae loan.
As a first-time client, Walker & Dunlop exceeded our expectations when refinancing Townhomes at Two Rivers, said Matt McCollum, Owner of Forest Hills Homes, LLC, and Developer of Townhomes at Two Rivers. The involvement of Rohde Construction from the beginning was also key to the project s success, as the company s several decades of experie ....

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Philadelphia Industrial Park Receives $10 Million in Financing via Walker & Dunlop


Philadelphia Industrial Park Receives $10 Million in Financing via Walker & Dunlop
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$10,084,000 in financing for
Curtis Industrial Park, a 520,085 square foot multi-tenant, owner-occupied industrial condominium in Sharon Hill, Pennsylvania.
Curtis Industrial Park
Walker & Dunlop s Philadelphia Capital Markets team was led by Managing Directors John Banas and Kris Wood, as well as Analysts Rhett Saltiel, John Wilson, Erik DiGirolamo, and Dan Quinn. The team arranged $3,672,000 in financing for the refinance of 278,990 square feet, which allowed the owner, Auroch Partners, to acquire an additional 241,095 square feet of adjacent industrial space. The acquisition financing totaled $6,412,000. Walker & Dunlop canvassed its strong network of capital providers and determined that a regional bank, which has a long-standing working relationship with the team, was the ideal capital partner for the client. The team structured t ....

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Walker & Dunlop Completes Capital Stack for Build-for-Rent Acquisition


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BETHESDA, Md., May 24, 2021 /PRNewswire/  Walker & Dunlop, Inc. announced today that it has arranged both debt and equity financing for the acquisition of
The Bungalows on Pine Cliff, a build-for-rent (BFR) housing development located in Flagstaff, Arizona. This structured transaction includes $37,600,000 in bridge financing as well as a joint venture partnership.
The Bungalows on Pine Cliff
Walker & Dunlop s dedicated BFR team was led by Heather McClure. Ms. McClure and her team advised St. Clair Holdings, in identifying a joint venture partner to provide both funds and support as they execute their business plan. Leveraging their broad network of capital providers, the team identified New York City-based Dome Equities as the ideal capital partner for St. Clair Holdings. The partnership is expected to develop into a programmatic raise with multiple BFR developments throughout Arizona. Dave Hendrickson and Pat Modig ....

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