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Walker & Dunlop Capital Markets | Real Estate Finance recently arranged the largest loan to date through its stretched senior lending product—a $33 million acquisition loan for Chestnut Crossing and Chestnut Wood, a 180-unit multifamily community in Howell, Michigan.
Led by Joel Chetner and Jonathan Zilber on behalf of Four Corners Development Group, the financing closed in just 28 days and featured 75% loan-to-value, full-term interest-only payments, and a 135-basis-point spread over the five-year Treasury, demonstrating the speed, competitive pricing, and flexibility available through non-agency multifamily financing solutions.
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