Walker & Dunlop, Inc. announced on August 11, 2025, that it arranged a $160 million loan for a master-planned community in the Coachella Valley, California. The loan includes a $27 million re-advance component, bringing total proceeds to $187 million.
The Walker & Dunlop Capital Markets team, including Sean Reimer, Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Dustin Stolly, Ari Hirt, and Christopher de Raet, acted as exclusive advisors to EC Rancho Mirage Holdings Limited Partnership and its affiliates. Intervest Capital Partners and Builders Capital provided the construction financing.
The master-planned community, Cotino™, a Storyliving by Disney™ Community, is expected to contain approximately 1,900 residential units. It will feature a 24-acre lagoon with Crystal Lagoons® technology, a voluntary private club, a town center, and various other amenities.
Sean Reimer, managing director of New York Capital Markets, noted the high desire to live in Rancho Mirage, featuring a stunning backdrop of the Coachella Valley’s natural beauty and proximity to Palm Springs amenities. He expressed honor in working on this 'groundbreaking project' that blends unique lifestyle amenities and award-winning homebuilders.
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