10:44 AM EDT, 05/20/2024 (MT Newswires) -- Walker & Dunlop ( WD ) said Monday it has arranged a $110 million loan from QuadReal Property Group for supporting the construction of EMP Capital's multifamily development in Prospect Heights, Brooklyn.

The proceeds will be utilized to finance the 246-unit project's development expenses, the company said.

Walker & Dunlop ( WD ) also funded EMP Capital's 247-unit project in March for $109 million, the commercial real estate finance and advisory services firm said.

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