Walker & Dunlop structures $35.4M for mall-to-multifamily redevelopment

Bethesda-based commercial real estate finance company Walker & Dunlop Inc. announced Friday it structured $35.4 million in construction financing through the United States Department of Housing and Urban Development (HUD) for Renaissance Santa Rosa in Mary Esther, Florida. Walker & Dunlop's team, led by FHA experts, Frank Baldasare and Heather Olson, alongside capital markets specialists, Al Rex and Marty McGrogan, utilized HUD's 221(d)(4) construction program to finance the ...

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