Walker & Dunlop closes on refinancing of $300M term loan

Bethesda-based commercial real estate finance company Walker & Dunlop Inc. closed on $300 million refinancing deal of a senior secured seven-year term loan Thursday. The refinance launched at $250 million, but was increased to $300 million because of strong demand from institutional investors.  The term loan amortizes at a rate of $3 million per year and bears interest at 30-day LIBOR plus 2.25 ...

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