Capital Markets

Courtyard Marriott
Washington, D.C.
$28MM Hotel Construction Loan

Walker & Dunlop arranged a $28,000,000 ground-up construction loan for the Courtyard Marriott located near George Washington University in Foggy Bottom. This marks one of only a few hotel construction loans secured in the Washington, D.C. market in the past two years and is also Walker & Dunlop’s second major hospitality construction loan this year, following a $17,200,000 non-recourse construction loan for the 126-room Holiday Inn located in Charleston, South Carolina. Financing was arranged by Andrew Coleman.

Burke Centre Shopping Center
Burke, Virginia
$36.5MM Permanent Fixed-Rate Loan

Walker & Dunlop provided a $36,500,000 loan for Burke Centre Shopping Center located in Burke, Virginia. The loan was structured with a 10-year term and 30-year amortization and funded by Nationwide Life Insurance Company. Financing was arranged by J. Tyler Blue.