Walker & Dunlop Arranges $87 Million Refinancing for Scott’s Addition Property
Key Highlights
- ➤$86.5 million bridge financing arranged for Capital Square’s 352-unit Chasen community
- ➤Chasen completed in phases from late 2025 to early 2026
- ➤Walker & Dunlop sourced over $13.9 billion from non-Agency capital providers in first-half 2026
- ➤Nearly $9.6 billion of Walker & Dunlop’s first-half sourcing funded multifamily properties
Expert Statements
Alexandra Huffman, Managing director of Capital Markets Real Estate Finance at Walker & Dunlop
“Chasen is a newly completed asset in one of Richmond’s most active neighborhoods, and this financing gives Capital Square flexibility as the property continues to build its operating history.”
Alexandra Huffman, Managing director of Capital Markets Real Estate Finance at Walker & Dunlop
“We were pleased to deliver a financing solution that supports Capital Square’s long-term plans for the property and positions Chasen for continued success.”
Natalie Mason, Executive vice president and co-head of development at Capital Square
“Chasen is poised to become a premier, generational asset within Richmond.”
Natalie Mason, Executive vice president and co-head of development at Capital Square
“Strategically located near the intersection of North Arthur Ashe Boulevard and Broad Street (U.S. 250), Chasen sits at the premier access point to the burgeoning Scott’s Addition neighborhood.”
Natalie Mason, Executive vice president and co-head of development at Capital Square
“We appreciate Walker & Dunlop’s work on this financing and their support of our strategy for the property.”
Walker & Dunlop Arranges $87 Million Refinancing for Scott’s Addition Property
Walker & Dunlop, Inc. announced today that it has arranged $86,500,000 in bridge financing for Chasen, a new 352-unit multifamily community in the Scott’s Addition neighborhood of Richmond, Virginia. The property is located in a Qualified Opportunity Zone, part of a federal economic development program established through the Tax Cuts and Jobs Act of 2017 to encourage long-term investment in designated low-income communities through certain tax incentives.
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