LAKELAND, FL—Bethesda, MD-based Walked & DunlopInc. reports that it originated a $108-millionFannie Mae MHC loan for the BlairGroup for its manufactured housing community here.
Walker & Dunlop's team, led by senior vice president andmanaging director, Brendan Coleman, partnered withKeystone Commercial Capital's RyanNelson and Charlie Williams to originatethe 10-year, fixed-rate loan with four years of interest-only.
The loan is somewhat unique in that it carries a seven-yearyield maintenance period, providing the borrower with significantlygreater prepayment flexibility, Walker & Dunlop states.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
