Walker & Dunlop recenty arranged $7.85 million in CMBS conduit debt financing for The Club at Spring Valley, a multi-family apartment community located in Miamisburg, Ohio.
The refinance loan was structured with a five-year term and a 30-year amortization.
The Club at Spring Valley is a 336-unit apartment community that offers one-, two- and three-bedroom floor plans. Property amenities inculde a 24-hour fitness center, swimming pool, sand volleyball court and business center.
The Club at Spring Valley was more than 90 percent leased at closing.
Walker & Dunlop senior vice president for capital markets Andrew Coleman led the Walker & Dunlop team on this deal.
