Finance N Illinois

Walker & Dunlop closes largest round of financing in its history -- $1.9 billion

  

Walker & Dunlop recently closed its largest financing in company history, a $1.9 billion portfolio of Freddie Mac loans to Greystar Growth and Income Fund, LP in connection with its acquisition of Monogram Residential Trust.

“There are only a few multifamily lenders in the country with the scale and expertise with the GSEs to execute on a transaction of this nature,” said Willy Walker, Walker & Dunlop chairman and chief executive officer in a written statement. “It is a testament to Walker & Dunlop’s growth, and the incredible team we have, that we were able to execute on this financing so well.”

The financing includes 36 loans on multifamily properties in major metropolitan areas across the United States. The portfolio is made up of 62 percent floating-rate loans and 38 percent fixed-rate loans.

Matt Wallach, Stephen West and Craig West led the Walker & Dunlop financing team.