Walker & Dunlop Arranges $86.5 Million Refinancing for Chasen in Richmond

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Summary · why it matters

Walker & Dunlop has arranged $86,500,000 in bridge financing for Chasen, a newly completed 352-unit multifamily community in the Scott's Addition neighborhood of Richmond, Virginia. The variable-rate, interest-only loan was arranged by Walker & Dunlop Capital Markets Real Estate Finance on behalf of Capital Square through a private credit lender, with Alexandra Huffman, Justin Nelson, Andrew Tapley, PJ Feichtmeier, Eric Norris, and Jared Diedrich leading the deal. The property sits in a Qualified Opportunity Zone, part of a federal economic development program established through the Tax Cuts and Jobs Act of 2017. Chasen was completed in phases from late 2025 to early 2026 and comprises three six- and seven-story residential buildings on 2.45 acres, offering studio through three-bedroom residences and more than 5,000 square feet of ground-floor retail. In the first half of 2026, Walker & Dunlop's Capital Markets team sourced over $13.9 billion from non-Agency capital providers, including nearly $9.6 billion for multifamily properties.

Impact on assets 2

Financials▲
Walker & Dunlop Inc
WD
▲ PositiveCapitalrelevance

Walker & Dunlop arranged $86.5M in bridge financing for Chasen, a direct capital-markets deal win.

Off-coverage companies 1

Capital Squarei
Private▲ PositiveCapitalrelevance

Capital Square obtained $86.5M in bridge financing for its Chasen multifamily community via Walker & Dunlop.