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Walker & Dunlop Lends $11 Million for Supportive Living Facility Acquisition

Jan 16, 2020 - PR Newswire

PR Newswire

 Walker & Dunlop, Inc. announced today that it has provided$11,028,500in bridge financing forThe Vistas Fox Valley, a 136-bed supportive living facility in Aurora, Illinois. The debt was structured and provided by Walker & Dunlop's bridge lending program, which utilizes the company's own balance sheet to offer short-term, non-recourse loans for properties that are being acquired or repositioned as part of a new business strategy.

Walker & Dunlop Managing Director...