Walker & Dunlop Secures $238 Million Refinancing for Landmark South Apartments in Doral, Florida

Walker & Dunlop has successfully arranged a $238 million floating-rate, interest-only bridge loan for the refinancing of The Landmark South, a substantial 631-unit apartment community situated in Doral, Florida. The financing was secured from Torchlight Investors on behalf of the borrower, JSB Capital, demonstrating continued liquidity and investor confidence in the region's multifamily market.

The Landmark South, located at 6055 N.W. 105th Court, was developed in two phases, with completion dates in 2017 and 2021. This large-scale property offers a mix of one-, two-, and three-bedroom residences, each averaging 1,017 square feet. Residents have access to a comprehensive suite of amenities designed to enhance lifestyle, including two resort-style swimming pools, two 24-hour fitness centers, expansive outdoor courtyards, a dedicated business center, a pet spa, various resident lounges, and convenient structured parking facilities. For developers, architects, and lenders, this significant refinancing deal underscores the continued attractiveness of well-located, amenity-rich multifamily assets in growing submarkets like Doral, signaling a healthy investment environment for similar projects.