Rise Walnut Creek Apartments Secures $59.5 Million in Construction Financing from Walker & Dunlop

  • March 4, 2019
  • Multifamily Biz

Walker & Dunlop announced that it arranged construction financing in the amount of $59,572,196 for the development of the Rise Walnut Creek apartments. Located in Walnut Creek, California, the project benefits from its proximity to San Francisco, one of the nation's most active multifamily markets with consistently above-average employment rates, sustained rent growth, and high occupancy. The project also enjoys a strategic location at the center of Walnut Creek's downtown commercial and retail district, which serves as a business and entertainment hub for neighboring towns.

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