Walker & Dunlop Closes Over $250 Million for Age-Restricted Communities in 2012

Walker & Dunlop, Inc. announced today that it closed over $250,000,000 in financing for age- restricted properties nationwide in 2012. Most recently, Walker & Dunlop arranged $30,000,000 in financing for two Class A age-restricted properties located in Appleton and Green Bay, WI. Ridgeview Highlands and Parkway Highlands are designed for and marketed to seniors (55+), with an emphasis on high quality affordable rental housing. The properties were built under the WHEDA Section 42 rental tax credit program (LIHTC) and remain subject to Land Use Restriction Agreements (LURA) with varying maturities.

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