Dealmaker: Walker & Dunlop Arranges $56M for Ohio Adaptive Reuse

Walker & Dunlop, Bethesda, Md., arranged $55.5 million for Quarry Trails Apartments and Quarry Trails Townhomes and Flats, a 293-unit multifamily and 100-unit townhome project located within a decommissioned quarry in Columbus, Ohio.

Personnel News from Walker & Dunlop, IPA, JLL

Walker & Dunlop, Bethesda, Md., announced Dana Wade joined the firm as Chief Production Officer for all Federal Housing Administration-backed loan originations with the U.S. Department of Housing and Urban Development. She will also help drive the company’s affordable housing financing activities.

Personnel News from Walker & Dunlop, Colony Capital

Walker & Dunlop, Bethesda, Md., hired a property sales team in Chicago. Managing Directors Todd Stofflet and Jason Stevens and Associate Director Brad Smith will market and sell multifamily assets in Chicago and throughout the Midwest for the Walker & Dunlop Investment Sales platform.

Personnel News From JLL, Walker & Dunlop, Realty Income

JLL Hotels & Hospitality promoted Mike Huth to Executive Vice President of Hotels Debt Capital Markets. He will help lead the firm’s hotel investment banking strategy and will oversee deal execution across the platform.

Personnel News from Walker & Dunlop, Newmark Group

Walker & Dunlop, Bethesda, Md., expanded its multifamily investment sales platform in South Florida by adding Managing Director Still Hunter III and Director Kaya Suarez.

Commercial/Multifamily Briefs Sept. 17, 2020

Exantas Capital Corp., New York, announced its newly formed subsidiaries, Exantas Capital Corp. 2020-RSO9 Ltd. and Exantas Capital Corp. 2020-RSO9 LLC will issue $245.8 million of non-recourse, floating-rate notes at a weighted-average cost of the one-month LIBOR plus 313 basis points.