Walker & Dunlop: $109M Financing Secured for Brooklyn Multifamily Development

Monday, 18 March 2024, 11:05

Walker & Dunlop recently announced the successful arrangement of a $109 million construction financing deal for a multifamily development project in Brooklyn, New York. The financing was provided by QuadReal Property Group, marking a significant milestone in the project's funding journey. This update highlights the commitment of key players in the real estate and financial sectors to supporting urban development despite current economic challenges.
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Walker & Dunlop: $109M Financing Secured for Brooklyn Multifamily Development

Walker & Dunlop: $109M Financing Update

Walker & Dunlop has finalized a major financial deal for a Brooklyn multifamily development project, securing $109 million in construction financing. The lender, QuadReal Property Group, reinforces its role in supporting urban growth initiatives. This notable financial transaction underscores a positive outlook for real estate development and investment in Brooklyn.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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