Walker & Dunlop Investment Partners has formed a joint venture with global real estate firm Ivanhoé Cambridge to invest in multifamily assets across the United States. The partnership will focus on making preferred equity investments in multifamily, student housing and manufactured housing properties, primarily in the top 25 U.S. metros.
Sam Isaacson stated, “Our product is designed to help sponsors achieve their desired leverage targets with incremental proceeds at a much lower cost of capital than common equity. Ivanhoé Cambridge is a world-class institution, and we look forward to continuing our successful partnership together.”