Walker & Dunlop arranges a $101.5M HUD Section 223(f) refinancing for the 312-unit Enclave Heritage Flats multifamily community in Chula Vista.
Walker & Dunlop has secured $101,561,900 in financing to refinance Enclave Heritage Flats, a 312-unit multifamily property located in Chula Vista, California. The loan was provided through the U.S. Department of Housing and Urban Development’s Section 223(f) program and replaces debt previously arranged by Walker & Dunlop in 2024.
The transaction was managed by a team from Walker & Dunlop’s Capital Markets Real Estate Finance and Affordable Housing divisions, led by Gregory Richardson and Jeff Kearns on behalf of the property owner, The Baldwin Company. The HUD Section 223(f) program provides long-term, fixed-rate financing for institutional-quality multifamily assets.
Logos Faith Development and St. Rest Friendship Baptist Church break ground on the 62-unit first phase of a 138-unit affordable housing development in Los Angeles.
Developers have filed updated plans for a residential project at 1728 Larkin Street in the Nob Hill neighborhood of San Francisco.
Terra Capital secures a construction permit for a 1740 North Wilton Place multifamily project in Los Angeles.
California Development & Design Inc. plans to replace a Century City residential property with a new apartment building at 2217 South Fox Hills Drive.
Uncommon Developers highlights community-centric design and modular construction at its 24-acre The 24 residential campus in Chatsworth.
Permits have been filed for a new residential infill project at 490 Ellington Avenue in San Francisco's Outer Mission neighborhood.
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