< All News
Walker & Dunlop Lends $94M for Midtown Affordable Housing Purchase

November 28, 2017

Standard Communities has financed its acquisition of a historic affordable housing building in Hell’s Kitchen with a $94 million loan from Walker & Dunlop, according to an announcement from the lender. The Bethesda, Md.-based financing company provided the 35-year, fixed-rate, fully amortizing loan with the backing of the Department of Housing and Urban Development‘s Section 223(f) program, which insures mortgage loans to facilitate the purchase of multifamily housing.

Careers
Join an industry-leading team dedicated to providing unmatched commercial real estate finance expertise.
Learn Moreright arrow
Available Properties
Join some of the nation's premier owners, operators, and developers by making a property investment with Walker & Dunlop Investment Sales.
Learn Moreright arrow