Mortgage

Walker & Dunlop provides financing for high-rise development

Walker & Dunlop, Inc. (NYSE: WD) announced today that it recently provided $120,000,000 in Fannie Mae financing to TF Cornerstone Equities, LLC, for 45-40 Center Boulevard, a high-rise residential multifamily property, located in Long Island City, NY. The loan was structured with a 10-year term with 5-years interest only, followed by a 30-year amortization period.

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3d rendering of a row of luxury townhouses along a street

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