{"success":true,"data":{"pressRelease":{"id":"134519","rtpr_id":"nBw9jGlKBa","ticker":"WD","exchange":"NYSE","all_tickers":["WD"],"title":"Walker & Dunlop Arranges $390 Million Construction Financing for Park Tower in Jersey City","author":"Business Wire","published_at":"2026-09-02T21:45:00.172Z","article_body":"Walker & Dunlop Arranges $390 Million Construction Financing for Park\nTower in Jersey City\n\nWalker & Dunlop, Inc.\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.walkerdunlop.com%2F&esheet=54598295&newsitemid=20260902297145&lan=en-US&anchor=Walker+%26amp%3B+Dunlop%2C+Inc.&index=1&md5=af3842de4d937679018eeeeb69ba7ac9)\nannounced today that it has arranged $390,000,000 in construction financing\nfor Park Tower, a new Class A mixed-use multifamily development in Jersey\nCity’s Journal Square neighborhood.\n\nThis press release features multimedia. View the full release here:\nhttps://www.businesswire.com/news/home/20260902297145/en/\n(https://www.businesswire.com/news/home/20260902297145/en/)\n\nPark Tower. Photo Credit: Namdar Group\n\nWalker & Dunlop Capital Markets Institutional Advisory arranged the loan\nas exclusive advisor to Namdar Group. Aaron Appel\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.walkerdunlop.com%2Fabout%2Fpeople%2Faaron-appel&esheet=54598295&newsitemid=20260902297145&lan=en-US&anchor=Aaron+Appel&index=2&md5=430c236c46c6228434fd9f5a83cb105f)\n, Keith Kurland\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.walkerdunlop.com%2Fabout%2Fpeople%2Fkeith-kurland&esheet=54598295&newsitemid=20260902297145&lan=en-US&anchor=Keith+Kurland&index=3&md5=0007a42e48e9a2dcd460589179737217)\n, Jonathan Schwartz\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.walkerdunlop.com%2Fabout%2Fpeople%2Fjonathan-schwartz&esheet=54598295&newsitemid=20260902297145&lan=en-US&anchor=Jonathan+Schwartz&index=4&md5=ab20f84225191278e1738e9f1d03fb4e)\n, Adam Schwartz\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.walkerdunlop.com%2Fabout%2Fpeople%2Fadam-schwartz&esheet=54598295&newsitemid=20260902297145&lan=en-US&anchor=Adam+Schwartz&index=5&md5=b0f07ff10c0d8f9aa182da3222404e08)\n, Dustin Stolly\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.walkerdunlop.com%2Fabout%2Fpeople%2Fdustin-stolly&esheet=54598295&newsitemid=20260902297145&lan=en-US&anchor=Dustin+Stolly&index=6&md5=7dd90f540c4a323debd3d64716f84253)\n, Sean Reimer\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.walkerdunlop.com%2Fabout%2Fpeople%2Fsean-reimer&esheet=54598295&newsitemid=20260902297145&lan=en-US&anchor=Sean+Reimer&index=7&md5=5fb03c2f961a3e94b0d492791adf5266)\n, Jordan Casella\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.walkerdunlop.com%2Fabout%2Fpeople%2Fjordan-casella&esheet=54598295&newsitemid=20260902297145&lan=en-US&anchor=Jordan+Casella&index=8&md5=caf52ae2ca1d53d727f9fdee8459dd96)\n, Christopher de Raet\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.walkerdunlop.com%2Fabout%2Fpeople%2Fchristopher-de-raet&esheet=54598295&newsitemid=20260902297145&lan=en-US&anchor=Christopher+de+Raet&index=9&md5=6c468e594672eebdb80c5daaca7b367b)\n, and Edward Leboyer arranged the floating-rate, interest-only senior\nconstruction loan from Affinius Capital and the floating-rate, interest-only\nmezzanine loan from BH3 Fund Advisors.\n\n“Park Tower brings together market-rate and affordable housing,\nextended-stay accommodations and retail in one of the region’s most active\ntransit-oriented neighborhoods,” said Appel, senior managing director of\nCapital Markets and co-head of Institutional Advisory at Walker & Dunlop.\n“This financing reflects the strength of the project, Namdar Group’s\nvision for Journal Square and continued institutional demand for housing in\nthe market. We value our longstanding relationship with Namdar Group and the\nopportunity to work alongside them again as they bring another significant\nresidential development to Journal Square.”\n\nRising 47 stories and encompassing approximately 501,000 square feet, Park\nTower will feature 1,049 residential units, 944 market-rate apartments, and\n105 affordable apartments. The market-rate residences will include 743 alcove\nstudios, 179 one-bedroom apartments and 22 two-bedroom apartments, while the\naffordable residences will include 21 studios, 60 two-bedroom apartments, and\n24 three-bedroom apartments. The commercial component will include 30\nextended-stay hotel units, complemented by ground-floor retail. The project is\nexpected to be completed by May 31, 2029.\n\n“We continue to see strong demand in Journal Square from young\nprofessionals, students and middle-income residents who want a Class A living\nexperience with convenient access to Manhattan,” said Effy Namdar, chief\ninvestment officer at Namdar Group. “Park Tower’s intentionally designed\nunit mix directly responds to that demand while offering premium amenities and\nrents that remain attractive compared with Manhattan. We appreciate Walker\n& Dunlop, Affinius Capital, and BH3 Fund Advisors for their partnership\nand for recognizing our vision for the project and the continued growth of\nJournal Square.”\n\nLocated in the heart of Journal Square, Park Tower will be a five-minute walk\nfrom the Journal Square PATH station, providing direct access to the World\nTrade Center in Lower Manhattan and 33rd Street in Midtown Manhattan. The\nneighborhood’s connectivity to New York City, coupled with its relative\naffordability, has continued to drive residential demand and new development.\n\n\"Namdar Group's deep track record in Journal Square, combined with the\nproject's scale, prime location and well-conceived programming, made this\ncompelling financing opportunity for BH3 Fund Advisors,” said Adam Falk,\nco-portfolio manager at BH3 Fund Advisors. “We're pleased to have partnered\nwith Namdar Group, Affinius Capital, and Walker & Dunlop to capitalize\nthis significant addition to the neighborhood.\"\n\nThe transaction continues Walker & Dunlop’s partnership with Namdar\nGroup in Jersey City’s Journal Square neighborhood. In September 2025,\nWalker & Dunlop arranged a $220,000,000 refinancing for 626 Newark Avenue\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.walkerdunlop.com%2Fnews%2Frefinance-jersey-city-property&esheet=54598295&newsitemid=20260902297145&lan=en-US&anchor=626+Newark+Avenue&index=10&md5=06992e64e49827d6695490b12a390f43)\n, a 576-unit, Class A mixed-use multifamily property, followed by $180,000,000\nin financing for 35 Cottage Street in July 2026 to support the 27-story,\n564-unit luxury multifamily development.\n\nIn 2025, Walker & Dunlop’s Capital Markets team sourced over $22 billion\nfrom non-Agency capital providers, including nearly $16 billion for\nmultifamily properties. This vast experience has made them a top advisor on\nall asset classes for many of the industry’s top developers, owners, and\noperators. To learn more about Walker & Dunlop’s broad financing\noptions, visit our website\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.walkerdunlop.com%2Fservices%2Fcapital-markets&esheet=54598295&newsitemid=20260902297145&lan=en-US&anchor=website&index=11&md5=ca8db1a6d040244124adefeb92dbcb8f)\n.\n\nAbout Walker & Dunlop\n\nWalker & Dunlop\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.walkerdunlop.com%2Fwhat-makes-us-different%2F&esheet=54598295&newsitemid=20260902297145&lan=en-US&anchor=Walker+%26amp%3B+Dunlop&index=12&md5=48d2b4ff9a844f40abbc34a30c34e665)\n(NYSE: WD) is one of the largest commercial real estate finance and advisory\nservices firms in the United States and internationally. Our ideas and capital\ncreate communities where people live, work, shop, and play. Our innovative\npeople, breadth of our brand, and our technological capabilities make us one\nof the most insightful and client-focused firms in the commercial real estate\nindustry.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260902297145/en/\n(https://www.businesswire.com/news/home/20260902297145/en/)\n\nMedia: \n\nNina H. von Waldegg\n\nPublic Relations\n\nPhone 301.564.3291\n\nnhvwaldegg@walkerdunlop.com (mailto:nhvwaldegg@walkerdunlop.com)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw9jGlKBa","title":"Walker & Dunlop Arranges $390 Million Construction Financing for Park Tower in Jersey City","author":"Business Wire","ticker":"WD","created":"2026-09-02T21:45:00.172Z","tickers":["WD"],"exchange":"NYSE","article_body":"Walker & Dunlop Arranges $390 Million Construction Financing for Park\nTower in Jersey City\n\nWalker & Dunlop, Inc.\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.walkerdunlop.com%2F&esheet=54598295&newsitemid=20260902297145&lan=en-US&anchor=Walker+%26amp%3B+Dunlop%2C+Inc.&index=1&md5=af3842de4d937679018eeeeb69ba7ac9)\nannounced today that it has arranged $390,000,000 in construction financing\nfor Park Tower, a new Class A mixed-use multifamily development in Jersey\nCity’s Journal Square neighborhood.\n\nThis press release features multimedia. View the full release here:\nhttps://www.businesswire.com/news/home/20260902297145/en/\n(https://www.businesswire.com/news/home/20260902297145/en/)\n\nPark Tower. Photo Credit: Namdar Group\n\nWalker & Dunlop Capital Markets Institutional Advisory arranged the loan\nas exclusive advisor to Namdar Group. Aaron Appel\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.walkerdunlop.com%2Fabout%2Fpeople%2Faaron-appel&esheet=54598295&newsitemid=20260902297145&lan=en-US&anchor=Aaron+Appel&index=2&md5=430c236c46c6228434fd9f5a83cb105f)\n, Keith Kurland\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.walkerdunlop.com%2Fabout%2Fpeople%2Fkeith-kurland&esheet=54598295&newsitemid=20260902297145&lan=en-US&anchor=Keith+Kurland&index=3&md5=0007a42e48e9a2dcd460589179737217)\n, Jonathan Schwartz\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.walkerdunlop.com%2Fabout%2Fpeople%2Fjonathan-schwartz&esheet=54598295&newsitemid=20260902297145&lan=en-US&anchor=Jonathan+Schwartz&index=4&md5=ab20f84225191278e1738e9f1d03fb4e)\n, Adam Schwartz\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.walkerdunlop.com%2Fabout%2Fpeople%2Fadam-schwartz&esheet=54598295&newsitemid=20260902297145&lan=en-US&anchor=Adam+Schwartz&index=5&md5=b0f07ff10c0d8f9aa182da3222404e08)\n, Dustin Stolly\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.walkerdunlop.com%2Fabout%2Fpeople%2Fdustin-stolly&esheet=54598295&newsitemid=20260902297145&lan=en-US&anchor=Dustin+Stolly&index=6&md5=7dd90f540c4a323debd3d64716f84253)\n, Sean Reimer\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.walkerdunlop.com%2Fabout%2Fpeople%2Fsean-reimer&esheet=54598295&newsitemid=20260902297145&lan=en-US&anchor=Sean+Reimer&index=7&md5=5fb03c2f961a3e94b0d492791adf5266)\n, Jordan Casella\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.walkerdunlop.com%2Fabout%2Fpeople%2Fjordan-casella&esheet=54598295&newsitemid=20260902297145&lan=en-US&anchor=Jordan+Casella&index=8&md5=caf52ae2ca1d53d727f9fdee8459dd96)\n, Christopher de Raet\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.walkerdunlop.com%2Fabout%2Fpeople%2Fchristopher-de-raet&esheet=54598295&newsitemid=20260902297145&lan=en-US&anchor=Christopher+de+Raet&index=9&md5=6c468e594672eebdb80c5daaca7b367b)\n, and Edward Leboyer arranged the floating-rate, interest-only senior\nconstruction loan from Affinius Capital and the floating-rate, interest-only\nmezzanine loan from BH3 Fund Advisors.\n\n“Park Tower brings together market-rate and affordable housing,\nextended-stay accommodations and retail in one of the region’s most active\ntransit-oriented neighborhoods,” said Appel, senior managing director of\nCapital Markets and co-head of Institutional Advisory at Walker & Dunlop.\n“This financing reflects the strength of the project, Namdar Group’s\nvision for Journal Square and continued institutional demand for housing in\nthe market. We value our longstanding relationship with Namdar Group and the\nopportunity to work alongside them again as they bring another significant\nresidential development to Journal Square.”\n\nRising 47 stories and encompassing approximately 501,000 square feet, Park\nTower will feature 1,049 residential units, 944 market-rate apartments, and\n105 affordable apartments. The market-rate residences will include 743 alcove\nstudios, 179 one-bedroom apartments and 22 two-bedroom apartments, while the\naffordable residences will include 21 studios, 60 two-bedroom apartments, and\n24 three-bedroom apartments. The commercial component will include 30\nextended-stay hotel units, complemented by ground-floor retail. The project is\nexpected to be completed by May 31, 2029.\n\n“We continue to see strong demand in Journal Square from young\nprofessionals, students and middle-income residents who want a Class A living\nexperience with convenient access to Manhattan,” said Effy Namdar, chief\ninvestment officer at Namdar Group. “Park Tower’s intentionally designed\nunit mix directly responds to that demand while offering premium amenities and\nrents that remain attractive compared with Manhattan. We appreciate Walker\n& Dunlop, Affinius Capital, and BH3 Fund Advisors for their partnership\nand for recognizing our vision for the project and the continued growth of\nJournal Square.”\n\nLocated in the heart of Journal Square, Park Tower will be a five-minute walk\nfrom the Journal Square PATH station, providing direct access to the World\nTrade Center in Lower Manhattan and 33rd Street in Midtown Manhattan. The\nneighborhood’s connectivity to New York City, coupled with its relative\naffordability, has continued to drive residential demand and new development.\n\n\"Namdar Group's deep track record in Journal Square, combined with the\nproject's scale, prime location and well-conceived programming, made this\ncompelling financing opportunity for BH3 Fund Advisors,” said Adam Falk,\nco-portfolio manager at BH3 Fund Advisors. “We're pleased to have partnered\nwith Namdar Group, Affinius Capital, and Walker & Dunlop to capitalize\nthis significant addition to the neighborhood.\"\n\nThe transaction continues Walker & Dunlop’s partnership with Namdar\nGroup in Jersey City’s Journal Square neighborhood. In September 2025,\nWalker & Dunlop arranged a $220,000,000 refinancing for 626 Newark Avenue\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.walkerdunlop.com%2Fnews%2Frefinance-jersey-city-property&esheet=54598295&newsitemid=20260902297145&lan=en-US&anchor=626+Newark+Avenue&index=10&md5=06992e64e49827d6695490b12a390f43)\n, a 576-unit, Class A mixed-use multifamily property, followed by $180,000,000\nin financing for 35 Cottage Street in July 2026 to support the 27-story,\n564-unit luxury multifamily development.\n\nIn 2025, Walker & Dunlop’s Capital Markets team sourced over $22 billion\nfrom non-Agency capital providers, including nearly $16 billion for\nmultifamily properties. This vast experience has made them a top advisor on\nall asset classes for many of the industry’s top developers, owners, and\noperators. To learn more about Walker & Dunlop’s broad financing\noptions, visit our website\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.walkerdunlop.com%2Fservices%2Fcapital-markets&esheet=54598295&newsitemid=20260902297145&lan=en-US&anchor=website&index=11&md5=ca8db1a6d040244124adefeb92dbcb8f)\n.\n\nAbout Walker & Dunlop\n\nWalker & Dunlop\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.walkerdunlop.com%2Fwhat-makes-us-different%2F&esheet=54598295&newsitemid=20260902297145&lan=en-US&anchor=Walker+%26amp%3B+Dunlop&index=12&md5=48d2b4ff9a844f40abbc34a30c34e665)\n(NYSE: WD) is one of the largest commercial real estate finance and advisory\nservices firms in the United States and internationally. Our ideas and capital\ncreate communities where people live, work, shop, and play. Our innovative\npeople, breadth of our brand, and our technological capabilities make us one\nof the most insightful and client-focused firms in the commercial real estate\nindustry.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260902297145/en/\n(https://www.businesswire.com/news/home/20260902297145/en/)\n\nMedia: \n\nNina H. von Waldegg\n\nPublic Relations\n\nPhone 301.564.3291\n\nnhvwaldegg@walkerdunlop.com (mailto:nhvwaldegg@walkerdunlop.com)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-09-02T21:45:00.21973788Z","server_sent_at_ms":1788385500219},"received_at":"2026-09-02T21:45:00.322Z","source_url":"https://www.businesswire.com/news/home/20260902297145/en/"},"analysis":{"id":"123409","press_release_id":"134519","analysis_json":{"industry":{"label":"Commercial & Residential Mortgage Finance","sector":"Financials"},"redFlags":[],"eventType":"operations_update","narrative":"Walker & Dunlop arranged $390,000,000 in construction financing for Park Tower, a 47-story Class A mixed-use multifamily development in Jersey City's Journal Square neighborhood.\n\nWalker & Dunlop Capital Markets Institutional Advisory acted as exclusive advisor to developer Namdar Group, placing a floating-rate, interest-only senior construction loan with Affinius Capital and a floating-rate, interest-only mezzanine loan with BH3 Fund Advisors.\n\nPark Tower will comprise 1,049 residential units, including 944 market-rate and 105 affordable apartments, plus 30 extended-stay hotel units and ground-floor retail, with completion expected by May 31, 2029.\n\nThe mandate extends a repeat relationship for Walker & Dunlop, which arranged a $220,000,000 refinancing of 626 Newark Avenue in September 2025 and $180,000,000 for 35 Cottage Street in July 2026, and whose Capital Markets team sourced over $22 billion from non-Agency capital providers in 2025.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Repeat-client $390M construction mandate underscores Walker & Dunlop's large-loan execution and durable Journal Square franchise."},"keyFigures":{"customDimensions":{"project_sqft":501000,"project_units":1049,"project_stories":47,"affordable_units":105,"market_rate_units":944,"expected_completion":"May 31, 2029","financing_amount_usd":390000000,"extended_stay_hotel_units":30,"prior_financing_35_cottage_usd":180000000,"prior_financing_626_newark_usd":220000000,"non_agency_capital_sourced_2025":"over $22 billion","multifamily_capital_sourced_2025":"nearly $16 billion"}},"quotedText":"This financing reflects the strength of the project, Namdar Group’s\nvision for Journal Square and continued institutional demand for housing in\nthe market.","namedEntities":{"people":[{"name":"Aaron Appel","role":"Senior Managing Director, Capital Markets and co-head of Institutional Advisory, Walker & Dunlop"},{"name":"Keith Kurland","role":"Walker & Dunlop Institutional Advisory deal team"},{"name":"Jonathan Schwartz","role":"Walker & Dunlop Institutional Advisory deal team"},{"name":"Adam Schwartz","role":"Walker & Dunlop Institutional Advisory deal team"},{"name":"Dustin Stolly","role":"Walker & Dunlop Institutional Advisory deal team"},{"name":"Sean Reimer","role":"Walker & Dunlop Institutional Advisory deal team"},{"name":"Jordan Casella","role":"Walker & Dunlop Institutional Advisory deal team"},{"name":"Christopher de Raet","role":"Walker & Dunlop Institutional Advisory deal team"},{"name":"Edward Leboyer","role":"Walker & Dunlop Institutional Advisory deal team"},{"name":"Effy Namdar","role":"Chief Investment Officer, Namdar Group"},{"name":"Adam Falk","role":"Co-Portfolio Manager, BH3 Fund Advisors"}],"products":["Park Tower"],"companies":[{"name":"Walker & Dunlop, Inc.","ticker":"WD","relationship":"filer; exclusive capital markets advisor"},{"name":"Namdar Group","relationship":"client (developer/borrower)"},{"name":"Affinius Capital","relationship":"senior construction lender"},{"name":"BH3 Fund Advisors","relationship":"mezzanine lender"}],"dollarAmounts":[{"amount":"$390,000,000","context":"construction financing arranged for Park Tower, Jersey City"},{"amount":"$220,000,000","context":"September 2025 refinancing of 626 Newark Avenue"},{"amount":"$180,000,000","context":"July 2026 financing for 35 Cottage Street development"},{"amount":"over $22 billion","context":"2025 non-Agency capital sourced by Walker & Dunlop's Capital Markets team"},{"amount":"nearly $16 billion","context":"2025 multifamily financing sourced by Walker & Dunlop"}]},"materialImpact":{"score":2,"reasoning":"Routine deal-flow announcement for Walker & Dunlop: a $390M advisory mandate is a modest positive for fee revenue and demonstrates repeat-client execution, but it is small relative to the $22B+ the firm sources annually and no fee economics are disclosed."},"tickerRelevance":{"others":[],"primary":"WD"},"globalImportance":20,"audienceRelevance":15,"eventTypeSecondary":["debt_offering"],"importanceComponents":{"tickerTier":"mid-cap","dealSizeUsd":390000000,"eventGravity":"routine deal-flow announcement","sectorWeight":"commercial real estate finance, niche retail audience","franchiseSignal":"repeat-client mandate, positive but incremental","feeEconomicsDisclosed":false}},"event_type":"operations_update","event_type_secondary":["debt_offering"],"sentiment":"bullish","material_impact_score":2,"narrative":"Walker & Dunlop arranged $390,000,000 in construction financing for Park Tower, a 47-story Class A mixed-use multifamily development in Jersey City's Journal Square neighborhood.\n\nWalker & Dunlop Capital Markets Institutional Advisory acted as exclusive advisor to developer Namdar Group, placing a floating-rate, interest-only senior construction loan with Affinius Capital and a floating-rate, interest-only mezzanine loan with BH3 Fund Advisors.\n\nPark Tower will comprise 1,049 residential units, including 944 market-rate and 105 affordable apartments, plus 30 extended-stay hotel units and ground-floor retail, with completion expected by May 31, 2029.\n\nThe mandate extends a repeat relationship for Walker & Dunlop, which arranged a $220,000,000 refinancing of 626 Newark Avenue in September 2025 and $180,000,000 for 35 Cottage Street in July 2026, and whose Capital Markets team sourced over $22 billion from non-Agency capital providers in 2025.","key_figures":{"customDimensions":{"project_sqft":501000,"project_units":1049,"project_stories":47,"affordable_units":105,"market_rate_units":944,"expected_completion":"May 31, 2029","financing_amount_usd":390000000,"extended_stay_hotel_units":30,"prior_financing_35_cottage_usd":180000000,"prior_financing_626_newark_usd":220000000,"non_agency_capital_sourced_2025":"over $22 billion","multifamily_capital_sourced_2025":"nearly $16 billion"}},"named_entities":{"people":[{"name":"Aaron Appel","role":"Senior Managing Director, Capital Markets and co-head of Institutional Advisory, Walker & Dunlop"},{"name":"Keith Kurland","role":"Walker & Dunlop Institutional Advisory deal team"},{"name":"Jonathan Schwartz","role":"Walker & Dunlop Institutional Advisory deal team"},{"name":"Adam Schwartz","role":"Walker & Dunlop Institutional Advisory deal team"},{"name":"Dustin Stolly","role":"Walker & Dunlop Institutional Advisory deal team"},{"name":"Sean Reimer","role":"Walker & Dunlop Institutional Advisory deal team"},{"name":"Jordan Casella","role":"Walker & Dunlop Institutional Advisory deal team"},{"name":"Christopher de Raet","role":"Walker & Dunlop Institutional Advisory deal team"},{"name":"Edward Leboyer","role":"Walker & Dunlop Institutional Advisory deal team"},{"name":"Effy Namdar","role":"Chief Investment Officer, Namdar Group"},{"name":"Adam Falk","role":"Co-Portfolio Manager, BH3 Fund Advisors"}],"products":["Park Tower"],"companies":[{"name":"Walker & Dunlop, Inc.","ticker":"WD","relationship":"filer; exclusive capital markets advisor"},{"name":"Namdar Group","relationship":"client (developer/borrower)"},{"name":"Affinius Capital","relationship":"senior construction lender"},{"name":"BH3 Fund Advisors","relationship":"mezzanine lender"}],"dollarAmounts":[{"amount":"$390,000,000","context":"construction financing arranged for Park Tower, Jersey City"},{"amount":"$220,000,000","context":"September 2025 refinancing of 626 Newark Avenue"},{"amount":"$180,000,000","context":"July 2026 financing for 35 Cottage Street development"},{"amount":"over $22 billion","context":"2025 non-Agency capital sourced by Walker & Dunlop's Capital Markets team"},{"amount":"nearly $16 billion","context":"2025 multifamily financing sourced by Walker & Dunlop"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-02T21:47:06.712Z","global_importance":20,"audience_relevance":15,"importance_components":{"tickerTier":"mid-cap","dealSizeUsd":390000000,"eventGravity":"routine deal-flow announcement","sectorWeight":"commercial real estate finance, niche retail audience","franchiseSignal":"repeat-client mandate, positive but incremental","feeEconomicsDisclosed":false}},"durationMs":126383,"modelName":"glm-4.7"}}