Walker & Dunlop closes $630.6M refi across six states

Walker & Dunlop arranged $86.5 million in bridge financing for Chasen, a newly completed 352-unit apartment community in Richmond’s Scott’s Addition neighborhood. The property is in a federally designated Opportunity Zone and includes ground-floor retail and residential amenities. Separately, the firm arranged $630.6 million in fixed-rate Fannie Mae loans for IMT Capital to refinance nine apartment properties totaling 3,528 units across six states. The five-year loans feature interest-only payments and 35-year amortization, providing consistent financing terms across the portfolio.