WC Smith Secures $119.7M Loan For Multifamily Property In Washington DC With Walker & Dunlop

The property asset involved in this transaction is a multifamily building located at 2219 Town Center Drive Southeast in the Washington, DC market. The loan amount secured for this property was $119,700,000, facilitated through combined financing from Fannie Mae and Freddie Mac.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $119,700,000
• Lender: Fannie Mae & Freddie Mac
• Landlord: WC Smith
• Brokers: Connor Locke, Brendan Coleman & Skye Stansbury - Walker & Dunlop

The financing was arranged by Walker & Dunlop’s Capital Markets team, with the deal being led by brokers Connor Locke, Brendan Coleman, and Skye Stansbury, who represented WC Smith in this transaction.