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Walker & Dunlop Secures $82 Million in Bridge Financing for Lakeside Apartments in Texas

May 30, 2018

Walker & Dunlop, Inc. announced today that it structured $81,827,200 in bridge financing for the acquisition and repositioning of Landmark at Lake Village North and Landmark at Lake Village East, two garden-style apartment communities in Garland, Texas. The multifamily properties are undergoing significant renovations and will cater to residents looking to live near Bayside, the $1 billion master-planned, resort-style development along the shore of Lake Ray Hubbard. Once complete, Bayside will feature upscale restaurants, retail, beachfront recreational activities, office space, and Texas' first Crystal Lagoon, an eight-acre manmade pool with clear turquoise water.

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