Walker & Dunlop recently closed a loan of $5.3 million backed by Clearwater Apartments, a garden-style rental community in Waukesha, Wisconsin.
Jeff Schmidt and Tim Cotter led the origination team, which arranged the 15-year permanent loan shortly after construction wrapped on the apartment community.
The apartment project sits on 8.5 acres. There are 55 one- and two-bedroom units in the property.
