Walker & Dunlop Structures $86 Million in Financing for Seniors Housing Properties
12/15/20, 12:14 AM
Location
bethesdaMoney raised
$86 million
Industry
financial services
Walker & Dunlop, Inc. announced today 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.
Company Info
Location
bethesda, maryland, united states
Additional Info
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.