BETHESDA, Md.--(BUSINESS WIRE)--Sep 28, 2026--
Walker & Dunlop, Inc. announced today that it has arranged $238,000,000 to refinance The Landmark South, a 631-unit, Class A multifamily community in Doral, Florida.
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Walker & Dunlop Capital Markets Institutional Advisory arranged the financing on behalf of JSB Capital. Aaron Appel, Michael Stepniewski,Jonathan Schwartz, Keith Kurland, Adam Schwartz, Dustin Stolly, Sean Reimer, Sean Bastian, and Stanley Cayre arranged the floating-rate, interest-only bridge loan from Torchlight Investors.
“The scale and quality of The Landmark South generated strong interest from the lending community, and we focused on finding a capital solution that provided both proceeds and flexibility,” said Appel, senior managing director of Capital Markets and co-head of Institutional Advisory at Walker & Dunlop. “Torchlight delivered a structure that gives JSB Capital time to execute its business plan while preserving multiple options as the capital markets continue to evolve.”
Completed in two phases in 2017 and 2021, The Landmark South comprises approximately 641,527 rentable square feet and offers one-, two- and three-bedroom residences averaging 1,017 square feet. Community amenities include two resort-style pools, two 24-hour fitness centers, outdoor courtyards, a business center, pet spa, resident lounges and structured parking.
The property is located in the heart of Doral, one of Miami-Dade County’s most institutionally sought-after multifamily submarkets. High homeownership costs, limited new supply, and continued population growth support long-term rental demand. Doral also offers connectivity to Miami’s primary employment corridors via the Palmetto Expressway, Dolphin Expressway and Florida’s Turnpike, along with access to retail and lifestyle destinations including Downtown Doral, CityPlace Doral and Dolphin Mall.
“The Landmark South fits within our strategy of investing in well-located assets in growth markets where demand continues to outpace available housing,” said Jared Frydman, managing director at JSB Capital. “Doral’s growing employment base, barriers to homeownership and limited new supply give us conviction in the property’s long-term position. We appreciate Walker & Dunlop’s partnership in navigating the capital markets and arranging a financing solution that supports our strategy for the asset.”
In the first half of 2026, Walker & Dunlop’s Capital Markets team sourced over $13.9 billion from non-Agency capital providers, including nearly $9.6 billion for multifamily properties. This vast experience has made them a top advisor on all asset classes for many of the industry’s top developers, owners, and operators. To learn more about Walker & Dunlop’s broad financing options, visit our website.
About Walker & Dunlop
Walker & Dunlop (NYSE: WD) is one of the largest commercial real estate finance and advisory services firms in the United States and internationally. Our ideas and capital create communities where people live, work, shop, and play. Our innovative people, breadth of our brand, and our technological capabilities make us one of the most insightful and client-focused firms in the commercial real estate industry.
The Landmark South. Photo Credit: Walker & Dunlop
METZ, France (AP) — Pope Leo XIV urged Europe on Monday to draw from its Christian roots and traditions of dialogue to blunt the “desire for domination” driving today's wars, as he wrapped up a visit to France by recalling the forces that contributed to Europe’s post-World War II peaceful integration.
Leo traveled to the eastern city of Metz, near the border with Luxembourg and Germany, to honor Robert Schuman, a French Catholic statesman regarded as one of the founding fathers of European unity.
Leo decided to end his four-day visit to France in Metz, at a conference center named for Schuman, to drive home his appeal. He wants Europe to draw from its Christian foundations and traditions to respond Russia’s war in Ukraine and other conflicts.
He said international law and multilateralism "constitute the best antidote to the desire for domination, which lies at the root of every conflict. Today, relations between individuals and States are becoming increasingly uncivilized.”
Élysée Palace had invited all European Union heads of state and the heads of European institutions to attend the conference, but only a handful joined President Emmanuel Macron, from smaller states such as Monaco, Andorra and Luxembourg.
Leo’s visit to the once staunchly Catholic and officially secular France has been marked by his appeal for Europe to remember its Christian heritage and apply it to today’s ethical and geopolitical challenges.
On Sunday at the Catholic shrine in Lourdes, he condemned legislation — recently approved in France — permitting medically assisted dying as “false compassion.” Huge crowds have met him at nearly every turn — 800,000 were at Leo’s Mass on Paris’ iconic Place de la Concorde — surprising even organizers.
On Monday morning, Leo's Air France charter received a military escort of two French fighter jets for the flight from Lourdes to Metz.
Later Monday in his final event in France, Leo was to celebrate Mass in the cathedral of St. Stephen in Metz. The cathedral is one of the greatest examples of French Gothic style, with its soaring vaults and stained-glass windows, some of which were designed by the 20th century Jewish artist Marc Chagall.
The colored glass has given the cathedral the nickname the “Lanterne du Bon Dieu,” or “The Good Lord’s Lantern.”
Schuman is best known for the Schuman Declaration of 1950, five years after the war ended. It proposed the creation of a European Coal and Steel Community to pool production between historic rivals France and Germany.
The idea, as Europe was emerging from the ruins of World War II, was guided by the belief that intertwined economic interests would make another war between them “not merely unthinkable, but materially impossible.”
The coal and steel organization was the first among European institutions that were precursors to what eventually became the European Union.
A resistance fighter imprisoned by the Nazis, Schuman was declared “venerable” in 2021, a step in the Catholic Church's process toward possible sainthood.
In a separate meeting Monday, Leo urged French religious leaders to preach messages of peace and unity. He cited Schuman’s example of promoting dialogue even among rivals in saying faith leaders had a shared responsibility to forge friendships across borders in the name of peace.
“Indeed, to invoke God’s name in order to justify violence or oppression is to profane that name,” he said. “Religious discourse must constantly call for the disarmament of hearts and words.”
Associated Press religion coverage receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content.
French President Emmanuel Macron looks on as Pope Leo XIV speaks at the meeting "At the Roots of Europe for Peace and Unity", in Metz, France, Monday, Sept. 28, 2026. (Benoit Tessier/Pool Photo via AP)
French President Emmanuel Macron and Pope Leo XIV attend the meeting "At the Roots of Europe for Peace and Unity", in Metz, France, Monday, Sept. 28, 2026. (Benoit Tessier/Pool Photo via AP)
Pope Leo XIV speaks at the meeting "At the Roots of Europe for Peace and Unity", in Metz, France, Monday, Sept. 28, 2026. (Benoit Tessier/Pool Photo via AP)
Pope Leo XIV holds a candle during a prayer of Holy Rosary and torchlight procession at the Sanctuary of Our Lady of Lourdes, France, Sunday, Sept. 27, 2026. (AP Photo/Thibault Camus)
Pope Leo XIV, center, holds a candle during a prayer of Holy Rosary and torchlight procession at the Sanctuary of Our Lady of Lourdes, France, Sunday, Sept. 27, 2026. ((AP Photo/Laurent Cipriani)
A French Air Force Dassault Rafale C fighter jet is seen through a window of the aircraft carrying Pope Leo XIV from Lourdes to Metz on the last day of his four-day visit to France, Monday, Sept. 28, 2026. (AP Photo/Gregorio Borgia, Pool)
Pope Leo XIV, center, arrives, with, from left, Christian Krieger, president of the Protestant Federation of France (partially covered, Bishop Dimitrios (Ploumis), the Greek Orthodox Metropolitan of France, Haïm Korsia, Chief Rabbi of France, President of the French Bishops' Conference, Cardinal Jean-Marc Aveline, Chems-eddine Hafiz, rector of the Grand Mosque of Paris, Anthony Boussemart, representing French Buddhists, and Cardinal George Jacob Koovakad, prefect of the Dicastery for Interreligious Dialogue, to attend an interreligious meeting at the Robert Schuman Convention Centre, Monday, Sept. 28, 2026, in Metz, France. (AP Photo/Gregorio Borgia)
Pope Leo XIV, center, arrives, with, from left, Christian Krieger, president of the Protestant Federation of France, Bishop Dimitrios (Ploumis), the Greek Orthodox Metropolitan of France, Haïm Korsia, Chief Rabbi of France, President of the French Bishops' Conference, Cardinal Jean-Marc Aveline, Chems-eddine Hafiz, rector of the Grand Mosque of Paris, Anthony Boussemart, representing French Buddhists, and Cardinal George Jacob Koovakad, prefect of the Dicastery for Interreligious Dialogue, to attend an interreligious meeting at the Robert Schuman Convention Centre, Monday, Sept. 28, 2026, in Metz, France. (AP Photo/Gregorio Borgia) ADDITION: Add names of persons in the photo
