Niki Perez of Walker & Dunlop
Niki Perez of Walker & Dunlop (Courtesy photo)

Walker & Dunlop Inc. said Friday that it closed 13 loans totaling $96 million for a portfolio of industrial properties in Miami-Dade and Broward counties with a life insurance company.

The package covering properties with 1.57 million square feet of space and over 120 tenants closed within an expedited timeline of 45 days.

Senior vice president David Gahagan and senior analyst Niki Perez led the origination team for Walker & Dunlop.

The Bethesda, Maryland-based commercial real estate services and finance company provided the loans to address the borrower’s “requirements for proceeds, cash flow enhancement and an attractive interest rate,” Gahagan said.

Walker & Dunlop has significantly increased its presence in the industrial sector, reflecting a national need for industrial financing.

In 2016, the company closed 62 industrial real estate loans totaling over $549 million. Walker & Dunlop has shown strong growth in the first half of 2017, nearly surpassing the number of loans and total industrial volume for 2016.

Walker & Dunlop Inc. said Friday that it closed 13 loans totaling $96 million for a portfolio of industrial properties in Miami-Dade and Broward counties with a life insurance company.

The package covering properties with 1.57 million square feet of space and over 120 tenants closed within an expedited timeline of 45 days.

Senior vice president David Gahagan and senior analyst Niki Perez led the origination team for Walker & Dunlop.

The Bethesda, Maryland-based commercial real estate services and finance company provided the loans to address the borrower’s “requirements for proceeds, cash flow enhancement and an attractive interest rate,” Gahagan said.

Walker & Dunlop has significantly increased its presence in the industrial sector, reflecting a national need for industrial financing.

In 2016, the company closed 62 industrial real estate loans totaling over $549 million. Walker & Dunlop has shown strong growth in the first half of 2017, nearly surpassing the number of loans and total industrial volume for 2016.