Walker & Dunlop and Pretium Introduce New Affordable Bridge Capital Joint Venture
Today, Walker & Dunlop, Inc. and Pretium announced a $250 million strategic joint venture designed to fill a crucial financing gap for affordable multifamily housing. Walker & Dunlop Affordable Bridge Capital, a joint venture with Pretium will originate flexible, short-term first-mortgage bridge loans for properties that are being acquired, refinanced, or prepared for long-term government-affordable programs such as LIHTC, Section 8, or tax-exempt bonds.
Walker & Dunlop Leverages Advisory Experience to Help Capital Providers Manage Loan Portfolios
There is $2.5 trillion of impending commercial real estate debt maturities in 2023-2027 amidst the backdrop of a rising interest rate environment, high inflation, asset revaluations, and a muted liquidity environment. Walker & Dunlop Inc. is leveraging its $121 billion servicing portfolio and national investment sales platform, which has closed nearly $40 billion of transactions in the last two years, to provide lenders with comprehensive portfolio evaluation services, asset financing advisory, loan sales services, and investment sales advisory.
Walker & Dunlop’s NY Capital Markets Team Closed Nearly $300 Million in December
Walker & Dunlop Inc.’s New York Capital Markets team ended the year strong, securing financing up and down the capital stack and closing four deals totaling nearly $300 million.
