Walker & Dunlop Closes $155 Million Refinancing for Manhattan’s Lexington Hotel

BETHESDA, Md.--(BUSINESS WIRE)--Walker & Dunlop, Inc. announced today the completion of a $155 million refinancing deal for The Lexington Hotel, a historic landmark in the heart of Midtown Manhattan. Acting as the exclusive advisor to Lexington Hotel Owner LLC, a joint venture between MCR, Island Capital Group LLC, and Three Wall Capital, Walker & Dunlop secured the financing through lender Hudson Bay Capital. Initially completed in 1929, The Lexington Hotel has undergone extensive reno