Walker & Dunlop Arranges $148 Million Refinancing for New York City Building-March 2024-www.financetom.com

Walker & Dunlop Arranges $148 Million Refinancing for New York City Building

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Walker & Dunlop Arranges $148 Million Refinancing for New York City Building

Jul 10, 2024 5:12 AM

07:44 AM EDT, 07/10/2024 (MT Newswires) -- Walker & Dunlop ( WD ) said Wednesday it has arranged $148 million in loan proceeds for Lam Group and Exact Capital to refinance The Victoria, a 30-story multi-tower project in Harlem, New York City.

The loan, which will be used for the building's ongoing operations and future enhancements, was secured from Aareal Capital, Walker & Dunlop ( WD ) said.

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