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Walker & Dunlop (W&D) has arranged $45.7 million in permanent debt and $41.5 million in LIHTC equity for Saddleback Village at Stonegate, a build-for-rent multifamily development located in Maricopa, Arizona. Dominium, the developer, purchased the 19 acre project site for $8.26 million.
The W&D Affordable Equity team, led by Aaron Krasnow, and the W&D Affordable Debt team, led by PJ McDevitt, arranged the debt and LIHTC equity for Dominium. Freddie Mac was identified as the permanent lender.