Walker & Dunlop Provides $9.2M Refinancing for Multifamily Property in Kansas City, Missouri
KANSAS CITY, MO. — Walker & Dunlop Inc. has provided a $9.2 million Freddie Mac loan for the refinancing of Santa Fe Village in Kansas City. Built in 1965, the multifamily property includes 215 units. Jeff Schmidt and Tim Cotter of Walker & Dunlop originated the 10-year loan, which features a 30-year amortization schedule. The borrower, Alexander Forrest Investments LLC, completed extensive renovations at the property in 2007 and 2008.