Walker & Dunlop Secures $170 Million for Post District Refinancing

Walker & Dunlop New York Capital Markets, led by a team of experienced advisors, successfully secured $170 million to refinance Post District, a Class A, mixed-use complex in Downtown Salt Lake City, Utah. The property, developed by a joint venture team including Bridge Investment Group, Blaser Ventures, and Lowe Property Group, features 580 residential units, nearly 26,000 square feet of retail space, and 498 parking spaces. Post District has become a premier live-work-play destination, offering a range of community amenities and showcasing the demand for thoughtfully designed, mixed-use communities in Salt Lake City's urban core.

Key Takeaways:

Walker & Dunlop New York Capital Markets secured $170 million to refinance Post District, a Class A, mixed-use complex in Downtown Salt Lake City, Utah.
The property features 580 residential units, nearly 26,000 square feet of retail space, and 498 parking spaces.
Post District was developed by a joint venture team including Bridge Investment Group, Blaser Ventures, and Lowe Property Group.
The property offers a wide range of community amenities, including an 8,000-square-foot gym, resort-style indoor-outdoor pool deck, and multiple rooftop lounges.
Walker & Dunlop has originated over $30 billion in debt financing volume in 2024, including lending over $25 billion for multifamily properties.
Post District was arranged by Walker & Dunlop New York Capital Markets, led by Aaron Appel, Sean Reimer, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Dustin Stolly, and Jackson Irwin.
Bridge Investment Group is a leading alternative investment manager, diversified across specialized asset classes, with approximately $49 billion of assets under management as of March 31, 2025.
Blaser Ventures is a Salt Lake City-based real estate developer focused on impact, sustainability, and placemaking, and specializes in Opportunity Zone projects.

Statistics:

$170 million secured for Post District refinancing
580 residential units in the Post District complex
26,000 square feet of retail space in the Post District complex
498 parking spaces in the Post District complex
8,000-square-foot gym and resort-style indoor-outdoor pool deck in Post District
$30 billion in debt financing volume originated by Walker & Dunlop in 2024
$25 billion in multifamily financing volume lent by Walker & Dunlop in 2024
$49 billion in assets under management by Bridge Investment Group as of March 31, 2025

Sources:

https://www.businesswire.com/news/home/20250630492150/en/
https://www.walkerdunlop.com/
https://www.bridgeinvestments.com/
https://www.blaserventures.com/
https://www.lowepropertygroup.com/