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Walker & Dunlop, Pretium Close on $76M Bridge Loan for Chelsea Apartments
Walker & Dunlop, Inc. and Pretium said Monday they have closed a $75.7-million bridge loan with Walker & Dunlop Affordable Bridge Capital, the firms’ affordable housing bridge lending joint venture, t
•schedule1 min read•Source: Connect CRE
Walker & Dunlop, Inc. and Pretium said Monday they have closed a $75.7-million bridge loan with Walker & Dunlop Affordable Bridge Capital, the firms’ affordable housing bridge lending joint venture, to refinance a 174-unit affordable multifamily housing community located in Manhattan. The financing will support the property through an anticipated permanent refinance under the HUD 223(f) program. The ...
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