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National  + North Carolina  + Apartments  |  February 27, 2020
David Cohen
By: David Cohen

Walker & Dunlop Provides $45M Financing for SE Multifamily Portfolio

Walker & Dunlop has provided $44.8 million in financing for the Ambling Portfolio, an eight-property, 741-unit multifamily portfolio in South Carolina, North Carolina and Alabama.

All of the units in the portfolio are subject to Land Use Restrictive Agreements, which require that 40% of the units must be occupied by low income tenants earning 60% or less of the Area Median Income. Five of the properties are located in South Carolina, two are in North Carolina, and one is in Alabama.

Jeff Lawrence, Matt Baptiste and Greg Krafcik of Walker & Dunlop secured the financing on behalf of the borrower, Infinity Real Estate Advisors and Infinity Capital Partners. The transaction represents the first investment in the fund, Infinity RE Impact, which was recently formed by Atlanta-based alternative investment management firm Infinity Capital Partners.

For comments, questions or concerns, please contact David Cohen

Read More News Stories About: Walker & Dunlop
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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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  1. Pingback: Walker & Dunlop Provides $45M Financing for SE Multifamily Portfolio - VRJ Properties
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