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The firm now owns and/or manages 11 apartment communities in Southern California.
The garden-style community was completed in 2023.
The 60% loan-to-cost bank loan was structured at SOFR + 400.
Walker & Dunlop secured the financing from Hudson Bay Capital.
The 76,368-square foot property traded for $45.5 million.
The properties are spread across the US.
Net proceeds were used to pay down debt.
Columbus has been one of the fastest growing industrial markets over the last several years, it says.
Sumter Square is anchored by a 39,365-square-foot Piggly Wiggly.
Kennedy Wilson and Haseko have partnered to acquire the two assets.