Walker & Dunlop Arranges $128.5 Financing for Houston Apartment Developer

Walker & Dunlop, Inc. announced today that it has arranged $128.5 million for the acquisition financing of The Arno, a 168-unit luxury residential community located in Houston’s River Oaks neighborhood.

Walker & Dunlop Capital Markets Institutional Advisory arranged the transaction on behalf of Sade Real Estate. Sean Reimer, Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Dustin Stolly, and Sean Bastian secured the financing with capital provided by Hudson Bay Capital.

Located in Houston’s River Oaks neighborhood, The Arno offers walkable access to River Oaks Shopping Center, Highland Village, and Central Market, along with convenient connectivity to Uptown, Downtown Houston, and the Texas Medical Center. The neighborhood’s blend of luxury retail, dining, and residential character continues to attract buyers seeking a highly amenitized urban lifestyle within one of the city’s premier residential communities.

On its website, Sade says it is a fully integrated real estate development company, that oversee every stage of the process, from acquisition to planning, development and management