**Walker & Dunlop Arranges Over $356M for Four-Property Portfolio Acquisition in Massachusetts and Rhode Island**
Walker & Dunlop, Inc. announced it has arranged $356.4 million in financing for the acquisition of a four-property multifamily portfolio located in Eastern Massachusetts and Rhode Island. The financing was secured by a Walker & Dunlop Capital Markets team led by Craig West, Senior Managing Director, on behalf of an affiliate of longtime client Harbor Group International. Freddie Mac provided the acquisition financing.
The portfolio includes a total of 1,817 units and roughly 1.8 million rentable square feet across communities in Marlborough, Worcester, and Bridgewater, Massachusetts, as well as Warwick, Rhode Island. The properties were originally built between 1970 and 1974.
“The demand for multifamily rentals in New England’s suburban markets has grown steadily in recent years, fueled by strong population trends, job growth, and a resilient local economy,” said West. “We are proud to support this acquisition, which represents a strategic opportunity for continued multifamily growth through this best-in-class partnership.”
*Pictured: Royal Crest Marlboro Apartments, Marlborough, MA.*
