Walker & Dunlop Provides $48.8 Million in Financing for Student Housing Portfolio Near Brigham Young University

by Katie Sloan

Provo, Utah — Walker & Dunlop Inc. has provided three loans totaling $48.8 million for a portfolio of three student housing properties located near Brigham Young University in Provo.

Properties include The Lodges at Glenwood, Raintree Commons, and Cambridge Court. Each loan — utilizing Freddie Mac financing — was structured with a 10-year term and five years interest only, followed by a 30-year amortization schedule. The garden-style communities offer amenities including private balconies and patios; furnished units; parking; pools with cabanas; clubhouses with television lounges; on-site maintenance; laundry facilities; and barbecue areas. 

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