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Walker & Dunlop Finances $150M for Quantum at Flagler Village in Fort Lauderdale
Walker & Dunlop, Inc. has arranged $150 million in financing for Quantum at Flagler Village, a Class A mixed-use property in Fort Lauderdale, FL.
The Walker & Dunlop Capital Markets team, managed by Joe Hercenberg, arranged the financing for the mixed-use property, securing a refinancing of the construction loan on the newly completed project in its initial lease-up. W & D brought in a lender with a fixed rate 60-month loan for the client, Prime Group US – PMG Asset Services.
Quantum at Flagler Village consists of two 15-story towers containing 337 Class A apartments, 20,884 square feet of urban retail, and a nine-story 137-room Courtyard Marriott hotel with a rooftop pool bar. The property also has a five-story parking garage. Walker & Dunlop also closed the construction loan for Quantum four years ago.
A landscaped terrace provides shaded pedestrian walks and courtyards, home to pop-up art shows, musical artists, and culinary offerings.
- ◦Financing



