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PHILADELPHIA, PITTSBURGH AND WEST CHESTER, PA. — Walker & Dunlop has arranged a $70.2 million Fannie Mae loan for the refinancing of a portfolio of historic properties that were converted to multifamily buildings. Reinhold Residential is the borrower. The portfolio consists of seven garden-style apartment buildings totaling 628 units in Philadelphia, Pittsburgh and West Chester. Each of the 10-year loans feature a 25- to 30-year amortization schedule. Reinhold Residential plans to use funds from the closing to upgrade the properties over the next five years.