Newly Constructed South Florida Apartments Receive $67 Million In Financing Via Walker & Dunlop
02/04/22, 6:45 AM
Location
bethesdaMoney raised
$67 million
Walker & Dunlop, Inc. announced today that it structured $67,000,000 in financing for Zona Village, a Class-A multifamily property located in Davie, Florida, a high growth submarket within the Ft. Lauderdale MSA. Recently completed in 2021, the midrise building is comprised of 201 multifamily units and 16,500 square feet of ground floor retail space.
Company Info
Location
bethesda, maryland, united states
Additional Info
Walker & Dunlop was the top provider of capital to the U.S. multifamily market in 2020, and in 2021 the firm originated $49 billion in debt financing volume, including lending over $42 billion for multifamily properties. Newly Constructed South Florida Apartments Receive $67 Million in Financing via Walker & DunlopWalker & Dunlop's Tom Melody, Eric McGlynn, Jonathan Paine, and Wes Wallace leveraged their wide range of capital sources, ultimately identifying a national life insurance company as the lender and securing the proceeds to refinance Zona Village.