Walker & Dunlop recently funded a $707 million credit facility for the acquisition of 23 student housing properties for Scion Student Communities LLC. Walker & Dunlop has arranged four large acquisition pools for Scion since 2016 for more than $2 billion in debt.
Managing directors Will Banker and Brendan Coleman with Walker & Dunlop structured a Fannie Mae credit facility with a mix of fixed- and floating-rate loans with staggered maturities.
“It is an honor to be the selected financing partner for Scion as they continue building one of the premier student housing companies in the United States,” said Willy Walker, chairman and chief executive officer of Walker & Dunlop, in a written statement.
