TODAY’S DEALS: Walker & Dunlop Closes $23.8M Refi Loan For 24 Apartment Communities, and Other Transactions

By Anuradha Kher, Online News EditorAlbuquerque, N.M.–Walker & Dunlop provided a $23,790,000 refinance for Cottonwood Ranch located in Albuquerque, N.M. The loan was structured with a 10-year term and a 30-year amortization. The loan was underwritten to a 65 percent loan-to-value with a 1.48x debt-service coverage ratio. Cottonwood Ranch is