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Walker & Dunlop Closes $50 Million Mod-Rehab Loan for Multifamily Community in Arizona

February 14, 2018

Walker & Dunlop, Inc. (NYSE: WD) announced today that it structured a $49,628,000 loan for Arrowhead Summit, a 412-unit, Class B property in Glendale, Arizona. The financing was arranged for repeat-borrower, Cortland Partners (''Cortland'' or the ''Borrower''), and the transaction marks their first investment in the Phoenix metropolitan statistical area.

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