Walker & Dunlop Arranges $147.5 Million Debt and Equity Capitalization for Mixed-Use Development in Port Chester
Walker & Dunlop said it arranged $147.5 million in debt and equity for 2 South Main, a 12-story, 355,000 sq ft mixed-use residential project in Port Chester, NY. The deal involves Hyperion Group and AIP, with LRC Construction. Walker & Dunlop Capital Markets advised; Arbor Realty Trust provided construction financing. The project is in an Opportunity Zone and has a 20-year PILOT via Port Chester IDA.

