Walker & Dunlop announced that it originated $1.719 billion in loan proceeds to refinance 12,955 units of predominantly workforce and affordable housing in 52 assets across 10 states for Starwood Capital.
“This significant portfolio financing reflects Walker & Dunlop's ability to structure and execute large-scale financing solutions for the world's largest and most sophisticated institutional clients,” said Willy Walker, chairman and CEO at Walker & Dunlop. “Financings of this size and complexity require a coordinated and collaborative team of bankers and underwriters. Led by senior managing director Dustin Stolly, the Walker & Dunlop team, working with Freddie Mac, executed flawlessly.”
Walker continued, “We are grateful for the trust Starwood placed in our team to deliver this refinancing, positioning the Strata Portfolio for sustained performance and continued long-term success.”
Walker & Dunlop Capital Markets Institutional Ad