CHICAGO – Walker & Dunlop Inc. has structured $51.7 millionin Freddie Mac financing for a portfolio of three manufacturedhousing communities in suburban Chicago, IL, on behalf of itsclient.
Each of the three properties were refinanced with ten-year,floating-rate loans in the under 3% range, which includedinterest-only for a portion of the term.
By utilizing income from newly delivered homes at each of thecommunities, the loans were able to be upsized.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
