Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Las Terrazas Las Terrazas is located in the Far North Dallas neighborhood, near the Central Expressway and LBJ Freeway.

DALLAS—When the initial lender was unable to deliver, a Fannie Mae green rewards loan provided the key to a successful transaction. Walker & Dunlop structured the Fannie Mae loan for the acquisition of Las Terrazas, a 230-unit garden-style workforce housing apartment community. The transaction was led by John Hinder and Andrew Tapley, both members of the company’s multifamily finance group.

Walker & Dunlop worked closely with Fannie Mae to meet the borrower’s compressed timeline, closing the loan in slightly more than 30 days from the application date. The team achieved a favorable rate for the borrower, identifying the green rewards program as the best choice for the transaction.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

More from this author



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.