WALKER & DUNLOP ARRANGES $67.7M LOAN FOR MANUFACTURED HOUSING PORTFOLIO

MANTENO, ILL. — Walker & Dunlop has arranged a $67.7 million Fannie Mae loan for a portfolio of manufactured housing communities, which includes Maple Valley, a 276-site community in Manteno, Ill. The portfolio consists of five properties and more than 1,800 home sites across 500 acres in Illinois, Florida, New Jersey and Massachusetts. All of the transactions involved refinancing with the exception of Little Manatee Springs in Wimauma, Fla., which received acquisition financing.