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Walker & Dunlop, Inc. facilitated the $113-million acquisition financing for 299 Franklin, a Class A multifamily community in Redwood City. The Walker & Dunlop Multifamily Finance team, led by Jeff Burns, Chris Botsford, Rene Alvarez, Jeff Conahan and Matt DeMarche, arranged the financing for longtime client Acacia Capital.

Amid a highly competitive financing landscape, the team identified Fannie Mae as the lender willing to expedite the project with an aggressive offer. The entire process closed in 19 days.