Walker & Dunlop Provides $48.8 Million in Financing for Student Housing Portfolio Near Brigham Young University

The Lodges at Glenwood complex is located near Brigham Young University in Provo, Utah. (Photo courtesy of glenwoodapt.com) The Lodges at Glenwood complex is located near Brigham Young University in Provo, Utah. (Photo courtesy of glenwoodapt.com)

Provo, Utah — Walker & Dunlop Inc. has provided three loans totaling $48.8 million for a portfolio of three student housing properties located near Brigham Young University in Provo.

Properties include The Lodges at Glenwood, Raintree Commons, and Cambridge Court. Each loan — utilizing Freddie Mac financing — was structured with a 10-year term and five years interest only, followed by a 30-year amortization schedule. The garden-style communities offer amenities including private balconies and patios; furnished units; parking; pools with cabanas; clubhouses with television lounges; on-site maintenance; laundry facilities; and barbecue areas. 

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