Walker & Dunlop Provide $6.7 Million to Refinance The Vibe in Bound Brook, New Jersey

by Channing Hamilton

BOUND BROOK, N.J. — Walker & Dunlop has arranged a $6.7 million Fannie Mae loan for the refinancing of The Vibe, a 28-unit complex in the Northern New Jersey borough of Bound Brook. Reynolds Asset Management was the borrower. The 10-year, interest-only loan retires existing construction debt. The Vibe offers 12 one-bedroom units and 16 two-bedroom units.

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