Quantum at Flagler Village in Fort Lauderdale, Florida

Walker & Dunlop Arranges $150 Million Refinancing for Quantum at Flagler Village in Ft. Lauderdale, Florida

by Channing Hamilton

FT. LAUDERDALE, FLA. — Prime Group US and PMG Asset Services have secured a $150 million loan to refinance Quantum at Flagler Village, a mixed-use development in Fort Lauderdale. Joe Hercenberg of Walker & Dunlop led the team that secured a refinancing of the newly completed project’s construction loan in its initial lease-up. The lender was not disclosed. The loan features a fixed-rate, 60-month term. Walker & Dunlop also arranged the construction loan for the project four years ago.

Quantum at Flagler Village comprises 337 apartments and 20,884 square feet of retail space across two 15-story towers. The property also includes a 9-story, 137-room Courtyard Marriott hotel, as well as a five-story parking garage and a landscaped terrace with shaded walking trails, courtyards and event space.

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