The Walker & Dunlop, Inc. capital markets team led by Matt Wallach, Stephen West and Walker Layne has financed 10 age restricted (55+) multifamily transactions totaling $390 million in the past 12 months and more than $1 billion in volume during the past five years.
The debt capital was sourced from the GSEs, multiple life companies, banks and debt funds.
These recent transactions illustrate the growing trend and increase in active adult communities across the country and Walker & Dunlop’s expertise in providing capital for investors in the senior living sector. According to the U.S. Active Adult Community Market Size, Share & Trends Analysis Report by Gender and Segment Forecasts, 2022-2030, the U.S. active adult community market size is estimated to reach $805 billion by 2030, expanding at a compound annual growth rate of 4.01% from 2022 to 2030, when this demographic is likely to account for about a quarter of the population.
A testament to the strength and versatility of the team, they have tapped into numerous lending sources, originating both fixed and floating-rate loans for properties at varying levels of occupancy with terms and structures tailored to their client’s business plans. Walker & Dunlop’s strong industry relationships have allowed the team to navigate the complexities of the market to secure favorable terms even during times of uncertainty. The team remains extremely active in the space and has closed five transactions year to date, with another three deals currently under application.
