{"id":540820,"date":"2021-09-22T06:38:13","date_gmt":"2021-09-22T10:38:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/walker-dunlop-completes-sale-and-financing-for-best-in-class-multifamily-property-in-las-thriving-warner-center\/"},"modified":"2021-09-22T06:38:13","modified_gmt":"2021-09-22T10:38:13","slug":"walker-dunlop-completes-sale-and-financing-for-best-in-class-multifamily-property-in-las-thriving-warner-center","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/walker-dunlop-completes-sale-and-financing-for-best-in-class-multifamily-property-in-las-thriving-warner-center\/","title":{"rendered":"Walker &amp; Dunlop Completes Sale and Financing for Best-in-Class Multifamily Property in LA&#8217;s Thriving Warner Center"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">LOS ANGELES<\/span>, <span class=\"xn-chron\">Sept. 22, 2021<\/span> \/PRNewswire\/ &#8212; <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3298620-1&amp;h=229451185&amp;u=https%3A%2F%2Fwww.walkerdunlop.com%2F&amp;a=Walker+%26+Dunlop%2C+Inc.\" rel=\"nofollow noopener\">Walker &amp; Dunlop, Inc.<\/a>\u00a0announced today that it completed the sale and financing for <b>Hanover Warner Center<\/b>, a 395-unit, Class A multifamily property in <span class=\"xn-location\">Los Angeles, California<\/span> that was completed in 2020. The newly constructed seven-story building is located in the rapidly evolving Warner Center neighborhood, home to the city&#8217;s largest Specific Plan which is expected to receive roughly <span class=\"xn-money\">$7 billion<\/span> in total private and public investment when completed.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1631531\/Walker_Dunlop_LA_Warner_Center.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1631531\/Walker_Dunlop_LA_Warner_Center.jpg\" title=\"Walker &amp; Dunlop Completes Sale and Financing for Best-in-Class Multifamily Property in LA\u2019s Thriving Warner Center\" alt=\"Walker &amp; Dunlop Completes Sale and Financing for Best-in-Class Multifamily Property in LA\u2019s Thriving Warner Center\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Walker &amp; Dunlop&#8217;s\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3298620-1&amp;h=1661120542&amp;u=https%3A%2F%2Fwww.walkerdunlop.com%2Fwhat-makes-us-different%2Fbios%2Fblake-rogers%2F&amp;a=Blake+Rogers\" rel=\"nofollow noopener\"><span class=\"xn-person\">Blake Rogers<\/span><\/a>,\u00a0 <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3298620-1&amp;h=312898891&amp;u=https%3A%2F%2Fwww.walkerdunlop.com%2Fwhat-makes-us-different%2Fbios%2Fhunter-combs%2F&amp;a=Hunter+Combs\" rel=\"nofollow noopener\"><span class=\"xn-person\">Hunter Combs<\/span><\/a>, <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3298620-1&amp;h=1647562098&amp;u=https%3A%2F%2Fwww.walkerdunlop.com%2Fwhat-makes-us-different%2Fbios%2Falexandra-caniglia%2F&amp;a=Alexandra+Caniglia\" rel=\"nofollow noopener\"><span class=\"xn-person\">Alexandra Caniglia<\/span><\/a>, and\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3298620-1&amp;h=68869849&amp;u=https%3A%2F%2Fwww.walkerdunlop.com%2Fwhat-makes-us-different%2Fbios%2Fjavier-rivera%2F&amp;a=Javier+Rivera\" rel=\"nofollow noopener\"><span class=\"xn-person\">Javier Rivera<\/span><\/a>\u00a0represented the sellers, The Hanover Company and Goldman Sachs Asset Management. <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3298620-1&amp;h=1513463533&amp;u=https%3A%2F%2Fwww.walkerdunlop.com%2Fwhat-makes-us-different%2Fbios%2Fcraig-west%2F&amp;a=Craig+West\" rel=\"nofollow noopener\"><span class=\"xn-person\">Craig West<\/span><\/a>\u00a0and <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3298620-1&amp;h=1727363664&amp;u=https%3A%2F%2Fwww.walkerdunlop.com%2Fwhat-makes-us-different%2Fbios%2Fjustin-nelson%2F&amp;a=Justin+Nelson\" rel=\"nofollow noopener\"><span class=\"xn-person\">Justin Nelson<\/span><\/a>, who specialize in multifamily finance at Walker &amp; Dunlop, worked alongside the team to arrange acquisition financing on behalf of the buyer, Bell Partners.<\/p>\n<p>Hanover Warner Center features bespoke, best-in-class unit interior finishes and a robust amenity package, including a resort-style pool, fully equipped fitness center, two rooftop sundecks, theater, grilling stations, and a fire pit. The community offers studios, one-, two- and three-bedroom units, as well as loft-style apartments with 16-foot ceiling heights. Premium finishes include stainless steel appliances, quartz countertops, and in-unit washers and dryers.<\/p>\n<p>Walker &amp; Dunlop is a leader in multifamily property sales, having completed <span class=\"xn-money\">$4.74 billion<\/span> in property sales volume in the first half of 2021. The firm was also the top provider of capital to the U.S. multifamily market, originating <span class=\"xn-money\">$31 billion<\/span> in transactions and lending over <span class=\"xn-money\">$24 billion<\/span> for multifamily properties in 2020. For information about Walker &amp; Dunlop&#8217;s view on the apartment market, read our recently-released\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3298620-1&amp;h=2215588421&amp;u=https%3A%2F%2Fexplore.walkerdunlop.com%2Fsummer-2021-multifamily-outlook%3Futm_source%3Dfrancemedia%26utm_campaign%3Dsummer_2021_mfo&amp;a=Summer+2021+Multifamily+Outlook+Report\" rel=\"nofollow noopener\">Summer 2021 Multifamily Outlook Report<\/a>.<\/p>\n<p>\n        <b>About Walker &amp; Dunlop<br \/><\/b><br \/>\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3298620-1&amp;h=3279723266&amp;u=https%3A%2F%2Fwww.walkerdunlop.com%2F&amp;a=Walker+%26+Dunlop\" rel=\"nofollow noopener\">Walker &amp; Dunlop<\/a>\u00a0(NYSE: WD) is the largest provider of capital to the multifamily industry in <span class=\"xn-location\">the United States<\/span> and the fourth largest lender on all commercial real estate including industrial, office, retail, and hospitality. Walker &amp; Dunlop enables real estate owners and operators to bring their visions of communities \u2014 where Americans live, work, shop and play \u2014 to life. The power of our people, premier brand, and industry-leading technology make us more insightful and valuable to our clients, providing an unmatched experience every step of the way. With over 1,000 employees\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3298620-1&amp;h=4108545535&amp;u=https%3A%2F%2Fwww.walkerdunlop.com%2Fwhat-makes-us-different%2Foffices%2F&amp;a=across+every+major+U.S.+market\" rel=\"nofollow noopener\">across every major U.S. market<\/a>, Walker &amp; Dunlop has\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3298620-1&amp;h=1937912656&amp;u=https%3A%2F%2Fwww.walkerdunlop.com%2Fwhat-makes-us-different%2Fawards-and-financial-rankings%2F&amp;a=consistently+been+named+one+of+Fortune%27s+Great+Places+to+Work%C2%AE\" rel=\"nofollow noopener\">consistently been named one of Fortune&#8217;s Great Places to Work\u00ae<\/a>\u00a0and is\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3298620-1&amp;h=1768371754&amp;u=https%3A%2F%2Fwww.walkerdunlop.com%2Fpower-people%2Fdiversity%2F&amp;a=committed+to+making+the+commercial+real+estate+industry+more+inclusive+and+diverse\" rel=\"nofollow noopener\">committed to making the commercial real estate industry more inclusive and diverse<\/a>\u00a0while\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3298620-1&amp;h=1965913137&amp;u=https%3A%2F%2Fwww.walkerdunlop.com%2Fwhat-makes-us-different%2Fesg%2F&amp;a=creating+meaningful+social%2C+environmental%2C+and+economic+change+in+our+communities\" rel=\"nofollow noopener\">creating meaningful social, environmental, and economic change in our communities<\/a>.<\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH14886&amp;sd=2021-09-22\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/walker--dunlop-completes-sale-and-financing-for-best-in-class-multifamily-property-in-las-thriving-warner-center-301382240.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/walker&#8211;dunlop-completes-sale-and-financing-for-best-in-class-multifamily-property-in-las-thriving-warner-center-301382240.html<\/a><\/p>\n<p>SOURCE  Walker &amp; Dunlop, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=PH14886&amp;Transmission_Id=202109220635PR_NEWS_USPR_____PH14886&amp;DateId=20210922\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire LOS ANGELES, Sept. 22, 2021 \/PRNewswire\/ &#8212; Walker &amp; Dunlop, Inc.\u00a0announced today that it completed the sale and financing for Hanover Warner Center, a 395-unit, Class A multifamily property in Los Angeles, California that was completed in 2020. The newly constructed seven-story building is located in the rapidly evolving Warner Center neighborhood, home to the city&#8217;s largest Specific Plan which is expected to receive roughly $7 billion in total private and public investment when completed. Walker &amp; Dunlop&#8217;s\u00a0Blake Rogers,\u00a0 Hunter Combs, Alexandra Caniglia, and\u00a0Javier Rivera\u00a0represented the sellers, The Hanover Company and Goldman Sachs Asset Management. Craig West\u00a0and Justin Nelson, who specialize in multifamily finance at Walker &amp; Dunlop, worked alongside the team to arrange acquisition financing on behalf &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/walker-dunlop-completes-sale-and-financing-for-best-in-class-multifamily-property-in-las-thriving-warner-center\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Walker &amp; Dunlop Completes Sale and Financing for Best-in-Class Multifamily Property in LA&#8217;s Thriving Warner Center&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-540820","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Walker &amp; Dunlop Completes Sale and Financing for Best-in-Class Multifamily Property in LA&#039;s Thriving Warner Center - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/walker-dunlop-completes-sale-and-financing-for-best-in-class-multifamily-property-in-las-thriving-warner-center\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Walker &amp; Dunlop Completes Sale and Financing for Best-in-Class Multifamily Property in LA&#039;s Thriving Warner Center - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire LOS ANGELES, Sept. 22, 2021 \/PRNewswire\/ &#8212; Walker &amp; Dunlop, Inc.\u00a0announced today that it completed the sale and financing for Hanover Warner Center, a 395-unit, Class A multifamily property in Los Angeles, California that was completed in 2020. The newly constructed seven-story building is located in the rapidly evolving Warner Center neighborhood, home to the city&#8217;s largest Specific Plan which is expected to receive roughly $7 billion in total private and public investment when completed. Walker &amp; Dunlop&#8217;s\u00a0Blake Rogers,\u00a0 Hunter Combs, Alexandra Caniglia, and\u00a0Javier Rivera\u00a0represented the sellers, The Hanover Company and Goldman Sachs Asset Management. Craig West\u00a0and Justin Nelson, who specialize in multifamily finance at Walker &amp; Dunlop, worked alongside the team to arrange acquisition financing on behalf &hellip; Continue reading &quot;Walker &amp; Dunlop Completes Sale and Financing for Best-in-Class Multifamily Property in LA&#8217;s Thriving Warner Center&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/walker-dunlop-completes-sale-and-financing-for-best-in-class-multifamily-property-in-las-thriving-warner-center\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-22T10:38:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1631531\/Walker_Dunlop_LA_Warner_Center.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/walker-dunlop-completes-sale-and-financing-for-best-in-class-multifamily-property-in-las-thriving-warner-center\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/walker-dunlop-completes-sale-and-financing-for-best-in-class-multifamily-property-in-las-thriving-warner-center\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Walker &amp; 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Dunlop Completes Sale and Financing for Best-in-Class Multifamily Property in LA's Thriving Warner Center - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/walker-dunlop-completes-sale-and-financing-for-best-in-class-multifamily-property-in-las-thriving-warner-center\/","og_locale":"en_US","og_type":"article","og_title":"Walker &amp; Dunlop Completes Sale and Financing for Best-in-Class Multifamily Property in LA's Thriving Warner Center - Market Newsdesk","og_description":"PR Newswire LOS ANGELES, Sept. 22, 2021 \/PRNewswire\/ &#8212; Walker &amp; Dunlop, Inc.\u00a0announced today that it completed the sale and financing for Hanover Warner Center, a 395-unit, Class A multifamily property in Los Angeles, California that was completed in 2020. The newly constructed seven-story building is located in the rapidly evolving Warner Center neighborhood, home to the city&#8217;s largest Specific Plan which is expected to receive roughly $7 billion in total private and public investment when completed. Walker &amp; Dunlop&#8217;s\u00a0Blake Rogers,\u00a0 Hunter Combs, Alexandra Caniglia, and\u00a0Javier Rivera\u00a0represented the sellers, The Hanover Company and Goldman Sachs Asset Management. Craig West\u00a0and Justin Nelson, who specialize in multifamily finance at Walker &amp; Dunlop, worked alongside the team to arrange acquisition financing on behalf &hellip; Continue reading \"Walker &amp; Dunlop Completes Sale and Financing for Best-in-Class Multifamily Property in LA&#8217;s Thriving Warner Center\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/walker-dunlop-completes-sale-and-financing-for-best-in-class-multifamily-property-in-las-thriving-warner-center\/","og_site_name":"Market Newsdesk","article_published_time":"2021-09-22T10:38:13+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1631531\/Walker_Dunlop_LA_Warner_Center.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/walker-dunlop-completes-sale-and-financing-for-best-in-class-multifamily-property-in-las-thriving-warner-center\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/walker-dunlop-completes-sale-and-financing-for-best-in-class-multifamily-property-in-las-thriving-warner-center\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Walker &amp; 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