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Walker & Dunlop Closes $1.9B Acquisition Financing for Greystar
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Walker & Dunlop closed a $1.9-billion portfolio of Freddie Mac loans to Greystar Growth and Income Fund, LP, in connection with its acquisition of Monogram Residential Trust. It is the largest financing in the Bethesda, MD-based company’s history.
Walker & Dunlop’s Willy Walker says, “There are only a few multifamily lenders in the country with the scale and expertise with the GSEs to execute on a transaction of this nature, and it is a testament to Walker & Dunlop’s growth, and the incredible team we have, that we were able to execute on this financing so well.”
The financing includes 36 distinct loans on multifamily properties located in major metropolitan areas across the U.S. The portfolio is comprised of 62% floating rate loans and 38% fixed rate loans.
Walker & Dunlop’s financing team was led by Matt Wallach, Stephen West, and Craig West.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Financing
- ◦Sale/Acquisition
