Walker & Dunlop Arranges M Construction Financing for City Hall, Affordable Housing Project in South Florida

Sky Building will house 136 affordable and workforce units, connected by a skybridge to the City of Oakland Park's new City Hall. OAKLAND PARK, FLA...

March 16, 2023
2:08 PM

Sky Building will house 136 affordable and workforce units, connected by a skybridge to the City of Oakland Park's new City Hall. OAKLAND PARK, FLA. — Walker & Dunlop has arranged $51 million in construction financing for Sky Building, a mixed-use development located in the South Florida city of Oakland Park. The borrower, locally based NRI Investments, previously signed a development agreement, lease agreement and purchase and sale agreement for the 2.1- acre site with the City of Oakland Park.

John Nelson