Key Takeaways
- • Walker & Dunlop arranged $630.6 million in fixed-rate Fannie Mae refinancing for IMT Capital's nine-property multifamily portfolio spanning six states (Arizona, California, Colorado, Florida, Tennessee, and Texas).
- • The portfolio comprises 3,528 multifamily units across geographically diverse markets, with all financings closing between May 1 and September 1, 2026.
- • Loans were structured as five-year, fixed-rate instruments with full-term interest-only payments and 35-year amortization, providing IMT Capital with consistent terms across the multi-state transaction.
- • The transaction demonstrates Walker & Dunlop's capacity to execute large-scale portfolio refinancings across multiple markets while maintaining uniform financing structures for institutional borrowers.
Summary
Walker & Dunlop's Capital Markets Real Estate Finance division successfully closed a $630.6 million refinancing of nine multifamily properties owned by IMT Capital, marking a coordinated multi-state portfolio transaction. The properties, totaling 3,528 units, are distributed across Arizona, California, Colorado, Florida, Tennessee, and Texas, reflecting the borrower's geographically diversified multifamily holdings.
The refinancing utilized fixed-rate Fannie Mae loans with uniform terms across all nine properties, structured as five-year fixed-rate instruments featuring full-term interest-only payments and 35-year amortization schedules. This standardized approach enabled IMT Capital to refinance the existing debt on all properties with consistent terms while optimizing its capital structure across regions. The financings closed in staggered fashion between May 1 and September 1, 2026.
According to Matt Wallach, managing director of capital markets real estate finance at Walker & Dunlop, the transaction underscores the firm's ability to coordinate large-scale financings across fragmented geographic markets while delivering consistent loan terms to institutional clients. The deal reflects ongoing institutional demand for fixed-rate multifamily refinancing in a diversified portfolio context.
The refinancing utilized fixed-rate Fannie Mae loans with uniform terms across all nine properties, structured as five-year fixed-rate instruments featuring full-term interest-only payments and 35-year amortization schedules. This standardized approach enabled IMT Capital to refinance the existing debt on all properties with consistent terms while optimizing its capital structure across regions. The financings closed in staggered fashion between May 1 and September 1, 2026.
According to Matt Wallach, managing director of capital markets real estate finance at Walker & Dunlop, the transaction underscores the firm's ability to coordinate large-scale financings across fragmented geographic markets while delivering consistent loan terms to institutional clients. The deal reflects ongoing institutional demand for fixed-rate multifamily refinancing in a diversified portfolio context.
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