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D3G Works on $60 Million Dollar Walker Dunlop Deal

Congratulations to long-time client Walker Dunlop on their arrangement of a $61 million dollar HUD loan for Bozzuto Development on Monarch at Waugh Chapel, a multifamily project located in Gambrills, Maryland.

D3G was tasked to support multiple facets of the FHA-loan due diligence process. Our Architectural, Engineering and Cost department provided a pre-application review as well as a full 221(d4) A/e plan and cost review. Our Energy team provided the required studies for the property to achieve the MIP reduction to 25 bps. D3G’s Environmental Team provided complex Phase 1 ESA, Phase 2 investigation, and NEPA studies inclusive of floodplain mitigation.   

This project demonstrated how important a knowledgeable and integrated team is to a successful FHA loan application! 

http://markets.businessinsider.com/news/stocks/Walker-Dunlop-Provides-61-Million-Loan-for-New-Bozzuto-Apartment-Community-1007083893

 

 

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