Walker & Dunlop Arranges Financing on Coachella Master-Planned Development
Summary by Connect CRE
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Walker & Dunlop Arranges Financing on Coachella Master-Planned Development
Walker & Dunlop, Inc. has arranged a $160-million loan for a master-planned community located in Rancho Mirage within Coachella Valley. The loan has a $27-million re-advance component for total proceeds of $187 million. Walker & Dunlop Capital Markets, led by Sean Reimer, Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Dustin Stolly, Ari Hirt and Christopher de Raet, advised the borrower, EC Rancho Mirage Holdings Limited Partnersh…
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