Walker & Dunlop Closes $33.5M Green Loan for Apartment Community in San Antonio

  • Dec. 4, 2017
  • RE Business Online

Walker & Dunlop has closed a $33.5 million green loan for the refinancing of The Place at Castle Hills, a 680-unit multifamily community located at 11800 Braesview Drive in north San Antonio. The Class B, garden-style property offers one- and two-bedroom units and amenities such as pools, a fitness center, spa and walking trails. Alex Inman of Walker & Dunlop placed the loan on behalf of the borrower, Arizona-based MC Cos. through Freddie Mac’s Green Up program. The proceeds will be used to refinance existing debt and to fund the installation of environmental improvements including low-flow kitchen/bathroom aerator faucets, toilets and showerheads.

Read More

Available Properties

Join some of the nation's premier owners, operators, and developers by making a property investment with Walker & Dunlop Investment Sales.

Careers

Join an industry-leading team dedicated to providing unmatched commercial real estate finance expertise.