February 7, 2018
Walker & Dunlop provided Generations Senior Living with a roughly $82 million Fannie Mae loan to refinance Paradise Village, a seniors living complex located near San Diego’s South Bay, Walker & Dunlop announced this week. The 10-year loan includes a two-year period of interest only payments and has a 30-year amortization schedule, according to information provided by Walker & Dunlop. The “green” loan marks the first seniors housing property to be financed with a Fannie Mae Green Rewards loan. The rate of the loan was undisclosed.