Walker & Dunlop Arranges $630 Million Refinance for IMT Portfolio

The completed mandate covered nine multifamily properties totaling 3,528 units across six states.

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BETHESDA, Md.--(BUSINESS WIRE)-- Walker & Dunlop, Inc. announced today that it has arranged $630,618,000 in fixed-rate loans from Fannie Mae to refinance nine multifamily properties across six states.

Walker & Dunlop Capital Markets Real Estate Finance refinanced the existing loans on behalf of IMT Capital. The team was led by Cory Wizenberg, Matt Wallach, Stephen West, Walker Layne, AJ Wright, and Sebastian Tamayo.

Walker & Dunlop worked closely with Fannie Mae to execute the portfolio financings, which all closed between May 1 and Sept. 1, 2026. Each financing was structured as a five-year, fixed-rate loan with full-term interest-only payments and a 35-year amortization. The consistent financing structure provided IMT Capital with long-term flexibility across a geographically diverse portfolio while coordinating nine separate transactions over a four-month period.

“This transaction demonstrates our ability to coordinate large-scale portfolio financings across multiple markets while delivering consistent terms for our clients,” said Wallach, managing director of Capital Markets Real Estate Finance at Walker & Dunlop. “Working alongside IMT Capital and Fannie Mae, we were able to execute multiple financings while providing a structure tailored to IMT’s broader portfolio strategy.”

The portfolio includes nine multifamily communities totaling 3,528 units across six states: Florida, Arizona, Texas, Colorado, California, and Tennessee.

“Executing these financings across a geographically diverse portfolio reflects our continued focus on optimizing our capital structure while investing in high-quality multifamily communities,” said Andrew Wizenberg, managing director at IMT Capital. “Walker & Dunlop’s expertise and relationship with Fannie Mae were instrumental in efficiently executing these transactions while achieving consistent terms across the portfolio.”

Walker & Dunlop is one of the top providers of capital to the U.S. multifamily market; in the first half of 2026 the firm originated nearly $10 billion in Agency volume. To learn more about our capabilities and financing options, visit our website.

About Walker & Dunlop

Walker & Dunlop (NYSE: WD) is one of the largest commercial real estate finance and advisory services firms in the United States and internationally. Our ideas and capital create communities where people live, work, shop, and play. Our innovative people, breadth of our brand, and our technological capabilities make us one of the most insightful and client-focused firms in the commercial real estate industry.

View source version on businesswire.com: https://www.businesswire.com/news/home/20261005333127/en/

Media:
Nina H. von Waldegg
Public Relations
Phone 301.564.3291
nhvwaldegg@walkerdunlop.com

Source: Walker & Dunlop, Inc.

Key Terms

interest-only financial

A loan or payment plan where the borrower pays only the interest for a set period while the original loan amount (the principal) stays unchanged; after that period payments typically rise to cover principal or a lump-sum principal payment is due. For investors this matters because interest-only structures change cash flows and risk: they can boost short-term income but increase the chance of payment shock or default later, similar to renting a car without paying down the purchase cost until the final bill arrives.

amortization financial

Amortization is the process of spreading a large cost over a series of future periods, either by gradually writing off the value of an intangible asset (like a patent or license) or by showing how loan principal is paid down over time. For investors it matters because amortization affects reported profits and cash flow — similar to slicing a big bill into smaller monthly payments — and therefore influences valuations, comparisons between companies, and expectations for future earnings.