Walker & Dunlop has arranged $630.6 million in fixed-rate Fannie Mae loans to refinance nine multifamily properties owned by IMT Capital across six states.
The portfolio includes nine communities totaling 3,528 units in Arizona, California, Colorado, Florida, Tennessee and Texas.
Walker & Dunlop Capital Markets Real Estate Finance refinanced the existing loans on behalf of IMT Capital. The financings closed between May 1 and Sept. 1 and were structured as five-year, fixed-rate loans with full-term interest-only payments and 35-year amortization.
“This transaction demonstrates our ability to coordinate large-scale portfolio financings across multiple markets while delivering consistent terms for our clients,” said Matt Wallach, managing director of capital markets real estate finance at Walker & Dunlop.
“Executing these financings across a geographically diverse portfolio reflects our continued focus on optimizing our capital structure wh
