Walker & Dunlop Structures $867M Financing Package for Largest Office-to-Residential Conversion

Walker & Dunlop announced that it structured an $867 million financing package for what it describes as the largest single-building office-to-residential conversion in the United States. The transaction was announced in December 2025.

Financing Overview

According to the firm, the financing supports a major office-to-residential redevelopment project. Further details regarding the property location, size, or unit count were not disclosed. Walker & Dunlop served as the capital markets broker for the transaction.

Market Context

The announcement comes amid continued interest in adaptive reuse projects as property owners and investors seek to reposition office assets for residential use. Walker & Dunlop noted that its capital markets team remains active in structuring large-scale financing solutions across multiple property sectors.

Sources

Source: Walker & Dunlop