Walker & Dunlop Investment Partners and Ivanhoe Cambridge's first investments total nearly $10 million in Texas and Tennessee. The joint venture’s strategy will focus on identifying opportunities with stabilized properties with three-to-10-year investment horizons.
“Our JV is designed to provide operating partners with a flexible financing solution able to meet a wide variety of business plans, short and long, with a wide variety of lenders, at a competitive cost of capital,” Sam Isaacson, president of WDIP, a subsidiary of Walker & Dunlop Inc., told MHN.