Walker & Dunlop Secures $160 Million Loan for Coachella Valley Master Planned Community

Reuters
08/11
Walker & Dunlop Secures $160 Million Loan for Coachella Valley Master Planned Community

Walker & Dunlop, Inc. has successfully arranged a $160 million loan for a master planned community in California's Coachella Valley, specifically in Rancho Mirage. This loan includes a $27 million re-advance component, bringing the total proceeds to $187 million. The project, named Cotino™, is a Storyliving by Disney™ Community, expected to feature approximately 1,900 residential units, a 24-acre lagoon, a voluntary private club, and a town center. The financing was exclusively advised by Walker & Dunlop Capital Markets, in collaboration with Intervest Capital Partners and Builders Capital, to support the construction of the community's first phase.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Walker & Dunlop Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250811307519) on August 11, 2025, and is solely responsible for the information contained therein.

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