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Stock Market & Financial Investment News

News Breaks
January 30, 2013
08:04 EDTWDWalker & Dunlop provides $120M in Fannie Mae financing for high rise apartments
Walker & Dunlop announced that it recently provided $120M in Fannie Mae financing to TF Cornerstone Equities, LLC, for 45-40 Center Boulevard, a high-rise residential multifamily property, located in Long Island City, NY. The loan was structured with a 10-year term with 5-years interest only, followed by a 30-year amortization period.
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August 26, 2014
08:32 EDTWDWalker & Dunlop structures $72.2M in bridge, conduit, mezzanine financing
Walker & Dunlop announced that it structured $72,198,000 in bridge, conduit and mezzanine financing for the acquisition of six properties located in Louisiana and Texas. The team structured $35,398,000 in adjustable rate bridge financing across three loans at 87 percent loan-to-cost with a 24-month term and a 12-month extension option. The loans are cross-collateralized and cross-defaulted and secured by three multifamily properties located in Texas and Louisiana.

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