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 and his Walker & Dunlop Capital Markets team secured the refinancing of the construction loan on the newly completed project during its initial lease-up from lender Prime Group US – PMG Asset Services with a fixed rate 60-month loan.
Quantum at Flagler Village consists of two 15-story towers containing 337 Class A apartments, 20,884 square feet of urban retail space and a nine story Courtyard Marriott hotel with rooftop pool bar plus an additional five story parking garage. The landscaped terrace provides shaded pedestrian walks and courtyards which host pop up art shows as well as musical artists and culinary offerings to guests visiting this stunning property complex.. Four years ago Walker & Dunlop also closed on the original construction loan for Quantum at Flagler Village making this their second successful transaction involving this development project .
