Walker & Dunlop arranges $555.6 million Fannie Mae credit facility refinance for Scion student housing portfolio
WD•Refinance for Scion student housing portfolio
Walker & Dunlop arranged a $555.6 million refinance for The Scion Group’s portfolio of 14 student housing properties.
The financing used a floating-rate, interest-only loan under an existing Fannie Mae credit facility.
The portfolio totals 4,295 units and 10,454 beds across nine states.
The transaction closed within one of Scion’s four Fannie Mae credit facilities originated by Walker & Dunlop.
