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Walker & Dunlop FHA Finance recently arranged nearly $142 million in financing for the construction of two multifamily communities in Virginia. The financings will support the development of 612 market-rate apartments across Chesapeake and Chesterfield County.
Led by Chris Rumul, Jason Silva, Cole Parker, and Mike Valucci, the team arranged the transactions on behalf of Bonaventure and the financings through the U.S. Department of Housing and Urban Development HUD Section 221(d)(4) loan program.