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Lending Portfolio
Transaction Details
515 Walnut Tower will be a 33-story, 390-unit residential high-rise development. It will be the largest residential project on record in Des Moines' central business district. The project is located near major employers and just a block from Court Street, containing a number of bars and restaurants as well as a weekly summer farmers market.
Deal Basics
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location
Des Moines, Iowa
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loan amount
$108 Million
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loan type
Construction Loan
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property type
Multifamily