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Walker & Dunlop Capital Markets recently arranged $147.5 million in debt and equity capitalization for the construction of 2 South Main, a landmark mixed-use development that will deliver 322 residences in downtown Port Chester, New York.
Mo Beler, Jonathan Paine, Cory Elbaum, Jackson Irwin, and Dawson Jessee of our Equity & Structured Finance team arranged the equity investment from Related Fund Management. Aaron Appel, Jonathan Schwartz, Adam Schwartz, Keith Kurland, Dustin Stolly, Sean Reimer, Jordan Casella, Christopher de Raet, and Stanley Cayre from our Institutional Advisory team secured construction financing from Arbor Realty Trust.
The 12-story, 355,000-square-foot development will include Class A residences, retail space, structured parking, and premium amenities, contributing to the continued revitalization of downtown Port Chester through transit-oriented, mixed-use development.