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Walker & Dunlop Arranges $117.3M Refinancing for Three Texas Properties
4 days ago
GEORGETOWN, LEANDER AND AUBREY, TEXAS — Walker & Dunlop has arranged three loans totaling $117.3 million to refinance three communities (960 units) in the Dallas-Fort Worth and Austin metro areas. Walker & Dunlop’s Jordan Casella, Aaron Appel, Adam Schwartz, Jonathan Schwartz, Keith Kurland, Christopher de Raet and Nicholas Gilhooley arranged the floating-rate, interest-only loans provided by Benefit Street Partners. The properties include Austin Avenue (312) units in Georgetown, Aven Ridge (312 units) in Leander and Latitude Magnolia (336 units) in Aubrey. All three communities were built between 2021 and 2022. Austin Avenue and Aven Ridge are in Metro Austin and Latitude Magnolia is located in metro Dallas-Fort Worth. The name of the borrower/owner was not disclosed.
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