Unique Adaptive-Reuse Development in New Orleans' Warehouse District Receives $30 Million in Bridge Financing via Walker & Dunlop

Jan 07, 2021•over 4 years ago

Amount Raised

$30 Million

BethesdaFinancial Services

Description

Walker & Dunlop, Inc. announced today that it structured $29,737,500 in bridge financing for The Garage, a newly redeveloped Class A mixed-use property located in the trendy Arts and Warehouse District of New Orleans, Louisiana.

Company Information

Company

Walker & Dunlop

Location

Bethesda, Maryland, United States

About

Walker & Dunlop (NYSE: WD) is the largest provider of capital to the multifamily industry in the United States and the fourth largest lender on all commercial real estate including industrial, office, retail, and hospitality. Walker & Dunlop enables real estate owners and operators to bring their visions of communities — where Americans live, work, shop and play — to life. The power of our people, premier brand, and industry-leading technology make us more insightful and valuable to our clients, providing an unmatched experience every step of the way. With over 1,000 employees across every major U.S. market, Walker & Dunlop has consistently been named one of Fortune's Great Places to Work® and is committed to making the commercial real estate industry more inclusive and diverse while creating meaningful social, environmental, and economic change in our communities.

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Unique Adaptive-Reuse Development in New Orleans' Warehouse District Receives $30 Million in Bridge Financing via Walker & Dunlop

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