Greystar Acquisition of Monogram Residential Trust

  • Type

    Multifamily

  • Fund Source

    Freddie Mac

  • Amount

    $1.9 Billion

  • Financing

    CLOSED   9/20/2017

The Situation

When Greystar acquired Monogram Residential Trust they approached Walker & Dunlop for assistance in financing 36 distinct multifamily property loans for 49 apartment complexes in 10 different states. Understanding the magnitude of this transaction, our financing team, led by Matt Wallach, Stephen West, and Craig West, partnered with Freddie Mac to search for the right financing options.

The Solution

In just two months, our team closed a $1.9 billion portfolio of Freddie Mac loans – the largest financing in our company’s history. Comprised of 62 percent floating rate loans and 38 percent fixed rate loans, the transaction required meticulous planning and an innovative approach.

The Results

This monumental transaction was lauded by Multifamily Executive as the 2017 Deal of the Year, and was covered by numerous publications including MBA and Bisnow.

There are only a few multifamily lenders in the country with the scale and expertise with the GSEs to execute on a transaction of this nature, and it is a testament to Walker & Dunlop's growth, and the incredible team we have, that we were able to execute on this financing so well.

Willy Walker

WALKER & DUNLOP CHAIRMAN & CEO

  • #

    2

    multifamily

    Investment Sales Broker in 2017(2)

  • #

    3

    freddie Mac

    Multifamily Approved

    Seller/Servicer in 2017(1)

  • #

    1

    2017 Multifamily Deal of the Year

    Multifamily Executive

(1)Fannie Mae and Freddie Mac respectively

(2)MBA 2017 Commercial/Multifamily Origination Rankings by avg. loan size