Walker & Dunlop Arranges $55.2M in Construction Financing for Mall Redevelopment Near Cleveland
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Walker & Dunlop Arranges $55.2M in Construction Financing for Mall Redevelopment Near Cleveland
RICHMOND HEIGHTS, OHIO — Walker & Dunlop has arranged $55.2 million in construction financing for Phase I of Belle Oaks Marketplace, a mixed-use redevelopment project in Richmond Heights, a suburb of Cleveland. Ryan Parker led the Walker & Dunlop team that arranged the floating-rate loan. Genesis Capital provided the loan on behalf of the borrower, DealPoint Merrill. Plans call for 181 Class A multifamily units across two buildings as part of th…
Walker & Dunlop Arranges $55M for Ohio Mixed-Use Development
Walker & Dunlop has arranged $55.16 million in total construction financing for Phase I of Belle Oaks Marketplace, a mixed-use redevelopment in Richmond Heights, Ohio. The Walker & Dunlop Capital Markets Real Estate Finance team, led by Ryan Parker, arranged the floating-rate, interest-only construction loans provided by Genesis Capital on behalf of DealPoint Merrill. The development will feature 181 multifamily units across two buildings as par…
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