Walker & Dunlop, Inc. has arranged $150 million in financing for Quantum at Flagler Village, a Class A mixed-use property located in Fort Lauderdale, FL. The Capital Markets team managed by Joe Hercenberg secured the refinancing of the construction loan on the newly completed project during its initial lease-up with a fixed rate 60-month loan from lender Prime Group US – PMG Asset Services.
Quantum at Flagler Village is comprised of two 15-story towers containing 337 Class A apartments and 20,884 square feet of urban retail space as well as a nine-story 137 room Courtyard Marriott hotel complete with rooftop pool bar and five story parking garage. Walker & Dunlop also closed the construction loan for Quantum four years ago.
The landscaped terrace provides shaded pedestrian walks and courtyards that host pop up art shows, musical artists and culinary offerings to residents and visitors alike creating an enjoyable atmosphere within this vibrant community hub .