Walker & Dunlop recently closed the largest transaction in the company’s history, a $2.4 billion Fannie Mae Credit Facility to refinance 67 multifamily propertes.
The properties are located in the Washington, D.C. area.
The borrower, Southern Management Corporation, is the largest privately owned residential property-management company in the Mid-Atlantic region.
The portfolio is made up of 22,439 units in total, more than 60 percent of which qualify as mission-driven affordable housing under FHFA guidelines.
Multifamily finance senior management director Brendan Coleman and team members Chris Forte, Connor Locke, Colin Coleman, Adam Johnston and Skye Stansbury structured the financing.