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. Joe Hercenberg of the Walker & Dunlop Capital Markets team secured the refinancing of the construction loan on this newly completed project during its initial lease-up stage with a lender offering a fixed rate 60-month loan to 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 featuring an inviting rooftop pool bar. The complex also features five stories dedicated to parking garage spaces and landscaped terraces providing shaded pedestrian walks and courtyards ideal for hosting pop up art shows or musical performances along with culinary offerings from local vendors. Walker & Dunlop had previously closed on Quantum’s construction loan four years prior to this recent refinancing arrangement.
