Walker & Dunlop Provides $75M Refinancing of 23-Story Multifamily Tower in Metro Tampa
Why this matters
Multifamily has been the most actively underwritten sector through the rate cycle, with cap rate compression resuming in Sun Belt and gateway markets as 2024-2025 deliveries roll off and refinance demand on 2021-vintage bridge loans clears. Transaction velocity is up modestly, concentrated in stabilized Class A and grocery-adjacent garden assets. Tampa fundamentals continue to be shaped by supply normalization and the pace at which short-duration debt is restructured into permanent capital. Allocators continue to favor residential for its income durability and its insulation from secular demand questions that still hang over commercial sectors.
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On the RET wire
- The third Tampa story tracked on the wire in October 2026. All Tampa coverage →
- Disclosed multifamily deal value tracked in October 2026: $988.7M across 17 reported transactions. All Multifamily coverage →
- 19 stories mentioning Walker & Dunlop on the wire in the past 90 days. Walker & Dunlop coverage →
Computed from Real Estate Trail’s own tracked coverage
ST. PETERSBURG, FLA. — Walker & Dunlop has provided a $75 million Freddie Mac loan to refinance EVO St. Petersburg, a 220-unit residential complex located at 334 2nd Ave. S. in St. Petersburg. Jonathan Schwartz, Aaron…
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