Yorba Linda, CA— In a significant capital markets transaction, Walker & Dunlop, Inc. announced it has arranged $145.75 million in first mortgage and preferred equity financing for Bryant at Yorba Linda, a 400-unit luxury multifamily property located in one of Orange County’s most affluent neighborhoods.
The deal was structured by Chris Botsford and Jeff Burns of Walker & Dunlop Capital Markets, who arranged a five-year, fixed-rate senior mortgage loan with full-term interest-only payments, with Freddie Mac acting as the capital provider. Complementing the debt, Justin Nelson and PJ Feichtmeier secured preferred equity from a major institutional owner and operator of multifamily assets, on behalf of the property’s owner, Interstate Equities Corporation (IEC).
“We’re proud to partner with IEC to provide a range of tailored financial services to structure a sophisticated capital solution,” said Chris Botsford, Managing Director at Walker & Dunlop. “By layering preferred equity on top of a Freddie Mac loan, we were able to deliver the most effective capital strategy. This transaction reflects the ongoing strength of the 5-year fixed-rate agency loan market.”
Located in Yorba Linda, the Bryant at Yorba Linda community offers a mix of one- and two-bedroom residences across a 404,220-square-foot layout. Each unit is designed with modern interiors, open floor plans, and upscale finishes, aiming to deliver luxury living in a prime suburban setting. Residents also enjoy a full slate of amenities, including a clubhouse, fitness center, pool and spa, playground, sport court, dog park, and resident lounge.
“The location is absolutely ideal, offering the perfect combination of luxury, convenience, and access to top-tier education,” said Brendan Gibney, Director at IEC. “From start to finish, the W&D team guided us through each step, providing expert support and strategic insights.”
Bryant at Yorba Linda is strategically positioned near top-rated schools, hiking trails, golf courses, and Fortune 500 employers, while offering easy access to cultural landmarks like the Bowers Museum, Cal State Fullerton, and the Richard Nixon Library.
The transaction highlights Walker & Dunlop’s strength in structuring innovative capital solutions. In 2024, the firm originated over $30 billion in total debt financing, including more than $25 billion in the multifamily sector.
