Walker & Dunlop Secures $176M for Atlanta Single-Family Rental Portfolio
Walker & Dunlop, Inc. has successfully arranged a $176 million credit facility to support seven single-family rental communities located across various neighborhoods in the Atlanta, Georgia metropolitan statistical area (MSA). This financing underscores the company’s commitment to advancing housing options in high-demand suburban areas.
Strategic Financing for a Growing Market
The credit facility was arranged by Walker & Dunlop’s New York Capital Markets team, led by Jonathan Schwartz, Aaron Appel, Keith Kurland, Adam Schwartz, Michael Ianno, Jackson Irwin, and Christopher de Raet. The financing was secured on behalf of institutional investors advised by J.P. Morgan Asset Management, with Brookfield Asset Management’s Real Estate Credit group providing the funding.
Previously, in 2021, the Walker & Dunlop Atlanta Investment Sales team, led by Brooks Battle, facilitated the transaction for institutional investors under J.P. Morgan Asset Management. The continuity of Walker & Dunlop’s involvement in this portfolio highlights their strong advisory capabilities and deep expertise in the single-family rental (SFR) sector.
Details of the Portfolio
The rental portfolio consists of 709 single-family homes, encompassing a total of 1.4 million rentable square feet. The communities are strategically located within a 30- to 55-mile radius from Atlanta’s central business district, offering accessibility and convenience to residents. The properties are situated in some of the metro area’s most sought-after suburban locations, including McDonough, Loganville, Cartersville, Hoschton, Dallas, and Jefferson.
These communities feature a diverse mix of three-, four-, and five-bedroom homes designed to accommodate varying tenant needs. Each property offers high-quality finishes and a range of attractive amenities, making them highly desirable within the growing single-family rental market.
The Rising Demand for Single-Family Rentals
The demand for single-family rental homes has surged in recent years, driven by a combination of demographic and economic factors. Population growth in Atlanta’s surrounding suburbs, coupled with robust job creation and a strong local economy, has fueled interest in high-quality rental housing.
Jonathan Schwartz, Senior Managing Director and Co-Head of New York Capital Markets at Walker & Dunlop, emphasized the significance of this investment: “The demand for single-family rental product, specifically in Atlanta’s surrounding suburbs, has experienced significant growth in recent years, driven by a combination of population influx, job creation, and a strong local economy. We are pleased to be a part of this project, which will serve as the springboard for further single-family rental development by this best-in-class partnership.”
This financing aligns with the broader industry trend where institutional investors are increasing their focus on the SFR sector. With rising home prices and mortgage rates making homeownership less accessible for many Americans, rental communities provide a viable housing alternative that meets the needs of families looking for space, comfort, and community-oriented living.
Walker & Dunlop’s Role in Real Estate Financing
Walker & Dunlop has been a leading player in commercial real estate finance, leveraging its expertise and industry relationships to secure funding for large-scale transactions. In 2024 alone, the company’s Capital Markets group sourced capital for transactions exceeding $16 billion from non-agency capital providers.
This vast experience has positioned Walker & Dunlop as a trusted adviser for top developers, owners, and operators across various real estate asset classes. Their ability to structure complex financing solutions, combined with their deep market insights, has made them a go-to firm for large-scale real estate transactions.
For those looking to explore financing options with Walker & Dunlop, additional information can be found on their official website.
About Brookfield Asset Management
Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is a global alternative asset management firm with over $1 trillion in assets under management. Headquartered in New York, the firm specializes in investing client capital across various sectors, including renewable power, infrastructure, private equity, real estate, and credit.
Brookfield focuses on long-term investments in real assets and essential service businesses, which play a crucial role in the global economy. The firm offers a range of alternative investment products, serving a diverse clientele, including public and private pension plans, endowments, foundations, sovereign wealth funds, financial institutions, insurance companies, and private wealth investors.
Brookfield’s credit arm, Brookfield Credit, manages approximately $317 billion in assets globally. The division focuses on private credit investment strategies across infrastructure, renewable credit, real estate, asset-backed lending, and corporate credit. Brookfield Credit offers a range of risk-adjusted return profiles, including investment-grade, sub-investment-grade, and opportunistic strategies.
