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22.12.25 - 12:06
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Walker & Dunlop Arranges $867 Million Financing Package for the Largest Single-Building, Office-to-Residential Conversion in the U.S. (Business Wire)
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BETHESDA, Md.--(BUSINESS WIRE)--Walker & Dunlop, Inc. announced today that it has arranged a $778.6 million construction loan to facilitate the office-to-residential conversion of 111 Wall Street, located along the East River waterfront in Lower Manhattan's Financial District. The closing of this financing marks the largest single-building office-to-residential conversion loan in New York City history, and the country.
The Walker & Dunlop Capital Markets Institutional Advisory Practice arranged the loan on behalf of InterVest capital partners, a global alternative investment manager. Dustin Stolly, Aaron Appel, Adam Schwartz, Keith Kurland, Jonathan Schwartz, Sean Reimer, and Sean Bastian, arranged the financing from Apollo Global Management, J.P. Morgan Chase & Co., and TYKO Capital. Walker & Dunlop also advised on the extension of an existing $88.4 million C-PACE loan from Petros that remained in the capitalization, bringing the total financing package to $867 million.
Originally built in 1968, 111 Wal...
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12.12.25 - 14:48
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Canadian Private Lender Mimics Apollo Playbook With New Vehicle (Bloomberg)
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SAF Group is charging into a corner of private credit long dominated by Apollo Global Management Inc. and Brookfield Corp., launching an insurance-backed investment vehicle to fuel lending to borrowers starved of flexible financing. If followed by others, the move could help redraw the contours of the Canadian private credit market....
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09.12.25 - 08:36
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Private Credit Hit Deployment Record Last Year, ACC Report Says (Bloomberg)
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The amount of capital that private credit firms have deployed reached a record last year, according to a new report from the Alternative Credit Council, with the larger players like Ares Management Corp., Apollo Global Management Inc. and Blackstone Inc. playing an increasingly dominant role....
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