$21 MILLION LOAN FOR GLEN AT LAUDERHILL IN FLORIDA CLOSED

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LAUDERHILL, FLA. — A $21 million permanent/refinance loan was secured by Walker & Dunlop for the 405-unit Glen at Lauderhill, which is currently 95 percent leased. Amenities of the property include an outdoor pool, tennis courts, fitness center, playground, car wash area and more. The 10-year term loan has a 30-year amortization and was secured through Freddie Mac. Stephen Farnsworth of Walker & Dunlop's New Orleans office led the team.

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