Walker & Dunlop Arranges $79M Refinancing for Multifamily Property in Florida Panhandle

Bristol Closes on $79M Refi on Santa Rosa Rental Community

Bristol Development snagged a $79 million refinancing on The Jewel at Santa Rosa Beach, a 408-unit multifamily development at 158 Malachite Way, in Santa Rosa Beach. A Walker & Dunlop Capital Markets Real Estate Finance team, led by Jeremy Pino, Livingston Hessam, Carl Passmore and Kyle Miller, coordinated the transaction on behalf of Bristol . The team worked alongside Walker & Dunlop FHA Finance’s Keith Melton and David Strange to arrange the …

Walker & Dunlop Arranges $79M Refinancing for Multifamily Property in Florida Panhandle

SANTA ROSA BEACH, FLA. — Walker & Dunlop has arranged a $79 million loan for the refinancing of The Jewel at Santa Rosa Beach, a Class A, 408-unit apartment community in Florida’s Panhandle region. Jeremy Pino, Livingston Hessam, Carl Passmore, Kyle Miller, Keith Melton and David Strange of Walker & Dunlop arranged the interest-only, nonrecourse bridge loan through an institutional debt fund on behalf of the borrower, Bristol Development Group. …