Walker & Dunlop has secured $170 million to refinance Post District, a class A, mixed-use complex containing 580 residential units located in downtown Salt Lake City.
Walker & Dunlop New York Capital Markets, led by Aaron Appel, Sean Reimer, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Dustin Stolly and Jackson Irwin, served as an exclusive advisor to Bridge Investment Group, with financing provided by Fannie Mae via their near-stabilization program.
Developed by joint venture team Bridge Investment Group, Blaser Ventures and Lowe Property Group as an opportunity zone development, Post District opened in December 2023 and includes five buildings located on the Post District block between 500–600 South and 300–400 West in downtown Salt Lake City. Offering a wide array of layouts — from micro-studios to three-bedroom penthouses — Post District is well versed to cater to multiple types of residents. The property offers nearly 26,000 square feet of reta