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Walker & Dunlop lends $13M for skilled nursing facility acquisition

Bethesda-based commercial real estate company Walker & Dunlop Inc. announced Friday it has provided $12.8 million in bridge financing for The Grove Fox Valley, a 156-bed skilled nursing facility in Aurora, Illinois. The debt was structured and provided by Walker & Dunlop's bridge lending program, which utilizes its own balance sheet to offer short-term, nonrecourse loans for properties that are being ...

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