Walker & Dunlop Inc. has arranged funding for one multifamily property located in
Vaughn mentions that Thanks to our team s expertise with HUD products and knowledge of the healthcare industry and local market, we were able to refinance the existing HUD and conventional loans on the properties and structure fixed-rate long-term financing and reduce the borrower s debt service significantly.
Another main element that facilitated the funding, he says, was the terrific turnaround that the new operator for the properties, Traditions Management, performed since taking over operations of the assets in
Vaughn says that Our efforts to familiarize HUD with the properties and transactions to make them comfortable with providing the loans were strongly supported by the response time and depth of experience of the operator.
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