18-Property Portfolio in New York City

Walker & Dunlop Arranges $110 Million Loan for Refinancing of 18-Property Portfolio in New York City

by Channing Hamilton

NEW YORK CITY — Walker & Dunlop has arranged a $110 million loan for the refinancing of a portfolio totaling 112 units across 18 communities in New York City. The portfolio also includes 29 commercial spaces. The properties are located in areas such as Manhattan’s East Village neighborhood and Brooklyn’s Park Slope district.

The borrower was a partnership between Davean Holdings and Meadow Partners. Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Sean Reimer, Sean Bastian, Christopher de Raet, and Stanley Cayre of Walker & Dunlop arranged the loan. The terms of the deal were not disclosed. 

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