Walker & Dunlop has arranged $128.23 million in refinancing for a four-property, 986-unit multifamily portfolio in Eugene, Ore.
Walker & Dunlop Capital Markets Real Estate Finance arranged the transaction on behalf of an experienced local client. The refinancing included four multifamily communities located throughout Eugene. Utilizing Fannie Mae’s Streamline Early Rate Lock (SRL) program, the four loans were rate-locked only 25 days after receipt of a signed application. Speed to rate lock is especially critical in today’s volatile rate market, and the SRL program allows clients to significantly reduce transactional risk early in the loan process.
The portfolio comprises:
River Terrace, 280 units
Parkside, 254 units
The Bailey at Amazon Creek, 252 units
Crescent Park, 200 units
Eugene’s multifamily market continues to benefit from steady household formation, supported by relative affordability, the Un
