Walker & Dunlop, Inc. provided $44.2 million through its large loan bridge program for Madison at Ridgelake, an apartment community located in Nashville.
Walker & Dunlop provided the acquisition financing for the apartment project, which included funds for significant capital expenditures that the borrower will complete during the next two years.
Madison at Ridgelake offers 560 units in 59 buildings on more than 64 acres.
Vice presidents Stephen West and Matthew Wallach led the team that structured the two-year interest-only bridge loan.