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Walker Closes Record $670M Loan For REIT New Senior

Law360, Los Angeles (April 2, 2015, 7:42 PM EDT) -- Walker & Dunlop Inc. announced Thursday it has originated its largest-ever loan deal: $670 million secured by 52 properties owned by real estate investment trust New Senior Investment Group Inc.

The loans, originated as part of the Freddie Mac seller-servicer program, are seven-year, adjustable-rate.

New Senior Investment Group is using the proceeds from the loans to finance the purchase of 17 properties and refinance 35 existing assets.

“The Walker & Dunlop team, along with New Senior Investment Group, Inc. and Freddie Mac, did an exceptional job...
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