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BETHESDA, MD - Walker & Dunlop, Inc. announced that it structured financing for two seniors housing properties. The loans provided $45,000,000 to EWS Real Estate Investment Company for Palo Alto Commons, a 181-unit property located in Palo Alto, California, and $41,000,000 to The MW Group for The Plaza at Moanalua, a 160-bed community located in Honolulu, Hawaii. Both properties offer assisted living, independent living, and memory care services.
Russell Dey led Walker & Dunlop s team in structuring the financing for MW Group, and Mr. Dey and Senior Managing Director Jay Thomas worked together to complete the loan for Palo Alto Commons. Both transactions were arranged with Freddie Mac financing and featured attractive fixed rates and an interest-only component.