Financing Secured for Renovation of Washington, D.C., Development

  • June 30, 2022
  • Affordable Housing Finance

Dantes Partners, the Delta Housing Corporation of D.C., and Gilbane Development Co. plan to renovate Delta Towers, a D.C. apartment community. Walker & Dunlop originated a $29 million Freddie Mac permanent loan from TD Bank for the project. The apartment community has reserved half its units for households earning no more than 80% of the area’s median income.

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