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Walker & Dunlop secures $137.5 million refi for Brooklyn multifamily
The refinancing is a three-year, floating-rate loan led by Walker & Dunlop Capital Markets Institutional Advisory, arranged with AllianceBernstein.
Walker & Dunlop arranged a $137.5-million refinancing for 12 Halsey, a newly completed Class A mixed-use multifamily property in Brooklyn’s Bedford-Stuyvesant neighborhood, according to ConnectCRE.
The deal includes three-year, floating-rate financing, with Walker & Dunlop Capital Markets Institutional Advisory advising EJS Group and Hope Street Capital, and AllianceBernstein as the lender.
ConnectCRE said the project completed in October 2025 and includes 240 residential units, with 30% designated as affordable, plus about 2,400 square feet of ground-floor retail.
The property is located on a full cross-block site between Fulton and Halsey streets, with immediate access to the A and C subway lines, the outlet added.