Walker & Dunlop Closes $33M Refi

  • Dec. 4, 2017
  • Multi-Housing News

Walker & Dunlop structured a $33.5 million loan for the acquisition of The Place at Castle Hills, a Class B, garden-style property located in suburban San Antonio. The community is situated near interstates 10 and 210, the San Antonio International Airport and Phil Hardberger Park. The execution was based on Freddie Mac’s Green Up financing program. The loan proceeds will be used to refinance the existing loan and fund environmental improvements, such as low flow kitchen and bathroom faucet aerators, shower heads and toilets. According to Yardi Matrix data, the seller was MC Cos. Managing Director Alex Inman led the Walker & Dunlop team.

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