Walker & Dunlop, one of largest real estate finance company in the US, has announced on Wednesday that it has successfully completed the sale of multifamily community apartments in Denton, Texas. According to the details released by the PR News Wire News Agency, the sale of multifamily apartments was completed by the Walker & Dunlop Investment Sales Group.
The multifamily apartments are spread over 18,000 Sq. ft of commercial space and it consists of 325 individual residential units, which makes it an excellent investment hub. The investment sales team of the company was led by the Middle-Market Expert and MD Kyle Palmer. The investment team of the company effectively played its due role by serving as advisor to both the buyer and seller of the properties.
The recent acquisitions will significantly help the company to increase its footsteps Texas, including the Wyndham Pointe, Madison Park and Oasis Springs. All the Class A commercial properties were built between the years of 2009-14. Furthermore, all these properties were leased up to 94% at the time of sale.
The company is known as the leader in financing and property sales, as it successfully completed the $5.4 Billion properties alone in the year of 2016.
About Walker & Dunlop Group:
Walker & Dunlop is one of the largest finances and real-estate company in the USA. The company provides valuable services for all the commercial real estate asset classes. Furthermore, the company also offers its investment sales brokerage services to property owners. Fortune Magazine has ranked the company as Fastest Growing Companies in the year of 2014, 2017 and 2018. The company has got more than 40 offices across the United States and team of 800+ professionals.