BETHESDA, Md.--(BUSINESS WIRE)--Walker & Dunlop, Inc. announced today that it has arranged a $160 million loan for a master planned community located in Californiaās acclaimed Coachella Valley in the City of Rancho Mirage. The loan has a $27 million re-advance component for total proceeds of $187 million. Walker & Dunlop Capital Markets, led by Sean Reimer, Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Dustin Stolly, Ari Hirt, and Christopher de Raet, were exclusive advi
Related Questions
How will the $160āÆmillion loan affect Walker & Dunlopās (WDR) earnings and cash flow forecasts?
What is the expected impact of this loan on the valuation of the masterāplanned community in RanchoāÆMirage?
Does the loanās $27āÆmillion reāadvance component indicate additional financing needs or a larger project scope?
What are the interest rate terms and maturity schedule for the $160āÆmillion loan, and how do they compare to market averages?
How will the loanās credit risk profile affect Walker & Dunlopās balance sheet and leverage ratios?
Will the loan lead to any changes in the companyās dividend policy or share repurchase plans?
How does this financing deal compare to recent loan arrangements by competitors in the realāestate finance space?
What is the marketās perception of the Coachella Valley developmentās demand fundamentals and potential upside?
Could the loan trigger any covenants or regulatory scrutiny that might impact future financing activities?
What is the anticipated timeline for disbursement of the loan proceeds and the corresponding impact on project milestones?