Carmel Partners: Walker & Dunlop Provides $137M Acquisition Loan for Boston Multifamily Complex

Carmel Partners has secured $137.3 million in acquisition financing to purchase Luka on the Common, a 398-unit multifamily complex in downtown Boston, from AvalonBay Communities. Walker & Dunlop originated the loan through its Fannie Mae DUS platform. Fannie Mae structured the five-year, interest-only loan with an early-rate lock, according to the brokerage. The firm's investment [...]