Walker & Dunlop Arranges $128 Million Acquisition Loan for Nine-Property Portfolio in Manhattan

by Channing Hamilton

NEW YORK CITY — Walker & Dunlop has arranged a $128 million bridge loan for the acquisition of a nine-property portfolio located in Manhattan’s East Village neighborhood. The portfolio comprises 171 units across 153,800 square feet, as well as 22 retail spaces. The borrower was RYCO Capital. Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz and Sean Bastian of Walker & Dunlop arranged the floating-rate loan through Derby Copeland Capital.

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