WALKER & DUNLOP NABS $162 MILLION FOR HEALTHCARE PROPERTIES

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FLORIDA — Steve Ervin of Walker & Dunlop has secured $162.2 million in financing for a 16-property healthcare portfolio in Florida. The loan was financed through the HUD LEAN 232/223(f) program and is the largest HUD loan closed since 2005, according to a release. The 35-year loan carries a 4.95 percent interest rate and a 35-year amortization.

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