Walker & Dunlop arranges $145.75M refinance for Bryant at Yorba Linda Multifamily property

Published 4 weeks ago Positive
Walker & Dunlop arranges $145.75M refinance for Bryant at Yorba Linda Multifamily property
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* Walker & Dunlop (NYSE:WD [https://seekingalpha.com/symbol/WD]) arranged [https://seekingalpha.com/pr/20262890-walker-and-dunlop-arranges-145-million-financing-and-preferred-equity-for-upscale-multifamily] $145.75M in senior mortgage and preferred equity for Bryant at Yorba Linda, a 400-unit multifamily community in Yorba Linda, California.
* The senior mortgage was provided by Freddie Mac and features a five-year term, fixed rate, and full-term interest-only payments.
* Preferred equity was secured from a leading institutional multifamily owner by W&D’s Capital Markets team.
* The borrower, Interstate Equities Corporation, received a tailored capital solution combining agency debt and preferred equity.

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