Draper And Kramer Inc Secures $31.73M Acquisition Loan For Centennial Multifamily

The 203-unit Wright apartment property located at 6465 South Xanadu Way in Centennial, Colorado has been acquired by Draper and Kramer Inc. The property is a multifamily asset and the transaction involved an acquisition loan. The loan amount for this transaction was $31,730,000 provided by Walker & Dunlop.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $31,730,000
• Units: 203
• Address: 6465 South Xanadu Way, Centennial, CO

Draper and Kramer Inc. secured the $31.73 million Fannie Mae financing package from Walker & Dunlop to support the acquisition of the Wright apartment property. Walker & Dunlop acted as the lender in this transaction, providing the necessary funds. Todd Bancroft, representing Draper and Kramer Inc., played a key role in the deal as the landlord.