WALKER & DUNLOP ARRANGES $5.95M ACQUISITION LOAN

by admin

CHARLOTTE, N.C. — Walker & Dunlop has arranged a $5.95 million acquisition loan for the 178-unit Delta Crossing, an apartment complex located at 6000 Delta Crossing Ln. in Charlotte. Stephen Farnsworth of Walker & Dunlop's New Orleans office arranged the 10-year loan with 2-years interest only and a 30-year amortization schedule through Fannie Mae on behalf of the borrower, Cortland Partners.

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