Walker & Dunlop Archives

Walker & Dunlop structures $28.6M rehab loan for Mesa apartment

Walker & Dunlop
by in AZRE Magazine | Finance & RE Law

Walker & Dunlop, Inc. (NYSE: WD) announced today it structured a $28,550,000 Fannie Mae Moderate Rehab loan for Whispering Meadows, a garden-style apartment complex in Mesa, Arizona, utilizing the Fannie Mae Green Rewards program. The Fannie Mae Green Rewards program provides improved financing options and enhanced pricing to borrowers who are focused on energy reduction… Read More →

Deer Valley apartments sell for $33M

Deer Valley apartments
by in AZRE Magazine | Brokerage | Multi-Family

Colliers International in Greater Phoenix negotiated the sale of The Park at Deer Valley apartments at 17425 N. 19th Ave., in Phoenix, for $33 million or $75,688 per unit. Executive Vice Presidents Bill Hahn, Jeff Sherman and Trevor Koskovich with Colliers’ Phoenix office represented both the buyer and seller. The seller was Bruckal Properties, Inc.,… Read More →

Cushman & Wakefield negotiates sale of Tempe lakefront property

Tempe lakefront property
by in AZRE Magazine | Brokerage | Multi-Family

Cushman & Wakefield negotiated the $25.13 million sale of The Nines Apartments, on behalf of owner FPA Multifamily, LLC of San Francisco. The buyer acquired the property with a $19.522 million dollar loan provided by Brandon Harrington and Matt Steffen of Walker & Dunlop in Phoenix. Located at 999 E. Baseline Rd. in Tempe, Ariz., the… Read More →

Dwell Apartment Homes sell for over $14M

Dwell Apartments

Cushman & Wakefield of Arizona, Inc. completed the $14.275 million sale of Dwell Apartment Homes, 1923 N. 70th St. The complex was constructed as two separate projects 1963 and 1975. They were later unified as one apartment complex. The recently renovated Dwell Apartment Homes development contains 193 modernized apartment units totaling 22,455 square feet ($116.35… Read More →

Churchhill Commercial Capital gains new senior vice president

Don
by in AZRE Magazine | Newsmakers

Churchill Commercial Capital, Inc. has hired Don Burnes as senior vice president to assist his clients with their debt and equity needs for commercial properties. Burnes brings an extensive 35+ year career of commercial real estate finance and investment experience focused on both debt and equity for a diverse set of property types. Burnes has… Read More →

Seeing green: Bank roles shift in real estate market

phx-skyline

Phoenix is a city of extremes, but lenders will see some balance in the market this year. There’s more capital flowing through the system than there was a year ago and, despite a slow recovery, Phoenix investors should find it easier to get loans in the market. “This is an exceptional time to acquire financing… Read More →

Walker & Dunlop finances $107M in Arizona properties

Brookwood Apartment Homes in Tucson, Ariz.

Walker & Dunlop, Inc. announced that it recently provided $107,130,323 for multifamily properties in Arizona. Brandon Harrington and Matt Steffen led the team that structured the $5.1M loan for Casa Maribela, a 191-unit fractured condominium building in Phoenix. The W&D team structured and closed the 5-year non-recourse CMBS loan 30 days after receiving the signed… Read More →

Walker & Dunlop Open Phoenix Office

Brandon Harrington, Walker and Dunlop
by in Newsmakers

Walker & Dunlop, Inc. opened its 21st office, located in Phoenix, in December. Brandon Harrington will lead the new office, along with Matthew Steffen and Rachel Saxelby. All three professionals join the Company from Cohen Financial. The Southwest-based team will focus on originating commercial real estate debt and equity throughout the United States for all… Read More →