Walker & Dunlop, Inc. has arranged $356.4 million in financing for the acquisition of four properties, all located within prominent New England Metropolitan Statistical Areas.
Walker & Dunlop Capital Markets, led by Craig West and team, arranged the portfolio financing on behalf of an affiliate longtime client, Harbor Group International, with Freddie Mac providing acquisition financing.
The portfolio comprises 1,817 units and approximately 1.8 million rentable square feet across four communities. Built between 1970 and 1974, the properties are located in some of New England’s most desirable suburban markets, including Marlborough, Mass. (473-unit Royal Crest Marlboro), Worcester, Mass. (264-unit Wexford Village), and Bridgewater, Mass. (588 unit-Waterford Village), as well as Warwick, R.I. (492-unit Royal Crest Warwick).
“The demand for multifamily rentals in New England’s suburban markets has grown steadily in recent years, fueled by strong popul
