Walker & Dunlop Closes $631M Portfolio Refi for IMT Capital

Walker & Dunlop, Inc. said Monday it arranged $630,618,000 in fixed-rate loans from Fannie Mae to refinance nine multifamily properties across six states on behalf of IMT Capital. The portfolio totals 3,528 units in Florida, Arizona, Texas, Colorado, California and Tennessee.

A Walker & Dunlop Capital Markets Real Estate Finance team led by Cory Wizenberg, Matt Wallach, Stephen West, Walker Layne, AJ Wright and Sebastian Tamayo worked closely with Fannie Mae to execute the portfolio financings, which closed between May 1 and Sept. 1, 2026.

Each financing was structured as a five-year, fixed-rate loan with full-term interest-only payments and a 35-year amortization. The consistent financing structure provided IMT Capital with long-term flexibility across a geographically diverse portfolio while coordinating nine separate transactions over a four-month period.

“Working alongside IMT Capital and Fannie Mae, we were able to execute multiple financings while providing a structure tailored to IMT’s broader portfolio strategy,” said Wallach.

The transaction followed another portfolio refi of comparable scale executed by Walker & Dunlop of behalf of IMT in the second half of 2025.

Pictured: A representative IMT apartment property, IMT Desert Ridge in Phoenix, which the company acquired in January 2025.