Walker & Dunlop Arranges $128M Acquisition Loan for Manhattan Multifamily Portfolio

by Taylor Williams

NEW YORK CITY — Walker & Dunlop has arranged a $128 million bridge loan for the acquisition of a portfolio of nine multifamily properties totaling 171 units in Manhattan’s East Village area. The portfolio spans 153,800 square feet and includes 22 retail spaces. Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz and Sean Bastian of Walker & Dunlop arranged the floating-rate loan through Derby Copeland Capital on behalf of the borrower, RYCO Capital.

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