Walker & Dunlop Arranges $39.7 Million Loan in Honolulu, Hawaii, $5 Million Construction Loan in Murfreesboro, Tennessee Walker & Dunlop, Inc. (NYSE: WD), a commercial real estate finance company providing financing and investment sales to owners of multifamily and commercial properties, announced it arranged a $39.69 million loan for Plaza at Pearl City in Honolulu, […]
Walker & Dunlop
Walker & Dunlop Welcomes Jack Boulder to the FHA Finance Group Walker & Dunlop, Inc. (NYSE: WD) announced on Aug. 6 the hiring of Jack Boulder as senior vice president in its FHA Finance group. In his new role, Boulder is charged with arranging Agency mortgages and interim financing for the national seniors housing and […]
Lancaster Pollard Closes Over $136M Senior Housing Transactions in May In May, Lancaster Pollard closed 21 seniors housing transactions totaling over $136 million. One of the transactions was a $23.5 million FHA Sec. 232 new construction loan for an assisted living/Alzheimer’s care facility in Virginia. Two of the transactions were FHA Sec. 232/241(a) expansion projects […]
Construction: Planned Big Rock Partners Selects Construction Manager for $60 Million Luxury Community in Fla. Big Rock Partners, a national real estate investment management and development firm headquartered in Beverly Hills, Calif., has selected Balfour Beatty Construction to serve as construction manager for a resort-style, $60 million senior living rental community under development in Celebration, […]
Walker & Dunlop Arranges $11M Loan for Fla. Independent Living Facility Walker & Dunlop, Inc. (NYSE: WD) provided an $11,000,000 acquisition bridge loan for Campo Felice Riverfront Housing, located in downtown Fort Myers, Fla. The MacFarlane Group, LLC will use the loan for the conversion of the currently vacant Ambassador Hotel to an independent living […]
We will be suspending our daily email tomorrow in observance of the Easter holiday but will resume our normal schedule on Monday, April 6. We wish all our readers an enjoyable holiday weekend and invite you to catch up on some of the most popular stories posted in recent days. Google Data Sheds New Light […]
A deal to secure $670 million in Freddie Mac financing for New Senior Investment Group Inc. (NYSE: SNR), announced earlier this week, was the largest in company history for Walker & Dunlop, the commercial real estate finance company that facilitated the financing. The company said Tuesday it was the largest financing in the company’s 77-year history, […]
New Senior Investment Group Inc. (NYSE: SNR) is expanding its portfolio upon the completion of the company’s previously announced $435 million acquisition of senior housing properties from affiliates of Hawthorn Retirement Group, the company announced Monday. New Senior is acquiring 17 independent living senior housing properties. The portfolio is 100% private pay, contains 2,082 units located across 10 states and […]
Love Funding Secures $13.6M Refinancing For Calif. Affordable Senior Housing Love Funding closed a $13.6 million refinancing loan for Sunset Normandie Towers, a 148-unit Section 8 senior living facility in Los Angeles, Calif. The financing was secured by Senior Director Artin Anvar of Love Funding’s Washington, D.C. office through the U.S. Department of Housing and […]
Construction: Planned Big Rock Partners Closes Land Purchase for $60 Million Fla. Project Company: Big Rock Partners Type: New Construction Location: Celebration, FL Funding: 60 million #of Beds: 225 Construction start date: First Quarter 2015 Los Angeles, Calif.-based real estate investment management and development firm Big Rock Partners has closed on a nine-acre land purchase […]