logo
Walker & Dunlop Arranges $160 Million Loan for Master Planned Community in the Coachella Valley

Walker & Dunlop Arranges $160 Million Loan for Master Planned Community in the Coachella Valley

Yahoo2 days ago
BETHESDA, Md., August 11, 2025--(BUSINESS WIRE)--Walker & Dunlop, Inc. announced today that it has arranged a $160 million loan for a master planned community located in California's acclaimed Coachella Valley in the City of Rancho Mirage. The loan has a $27 million re-advance component for total proceeds of $187 million.
Walker & Dunlop Capital Markets, led by Sean Reimer, Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Dustin Stolly, Ari Hirt, and Christopher de Raet, were exclusive advisors to the borrower, EC Rancho Mirage Holdings Limited Partnership and its affiliates, to arrange the construction financing for the completion of the first phase of the community. Intervest Capital Partners and Builders Capital provided the capital.
The master planned community, Cotino™, a Storyliving by Disney™ Community, is expected to contain approximately 1,900 residential units, a 24-acre lagoon with Crystal Lagoons® technology, a voluntary private club, a town center and various other amenities.
"Featuring a stunning backdrop of the Coachella Valley's natural beauty and close proximity to Palm Springs amenities, the desire to live in Rancho Mirage remains high," said Reimer, managing director of New York Capital Markets at Walker & Dunlop. "We are honored to work on this community, a groundbreaking project that blends unique lifestyle amenities and award-winning homebuilders. We look forward to seeing this extraordinary community come to life."
Walker & Dunlop is one of the top providers of capital to the U.S. multifamily market; in 2024 the firm originated over $30 billion in debt financing volume, including lending over $25 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250811307519/en/
Contacts
Investors: Kelsey DuffeyInvestor RelationsPhone 301.202.3207investorrelations@walkeranddunlop.com
Media: Nina H. von WaldeggVP, Public RelationsPhone 301.564.3291nhvwaldegg@walkerdunlop.com
Phone 301.215.5500
7272 Wisconsin Avenue, Suite 1300Bethesda, Maryland 20814
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Unity's AI Platform Vector Shows Early Wins: Can Growth Accelerate?
Unity's AI Platform Vector Shows Early Wins: Can Growth Accelerate?

Yahoo

time26 minutes ago

  • Yahoo

Unity's AI Platform Vector Shows Early Wins: Can Growth Accelerate?

Unity Software Inc. U delivered a strong second-quarter 2025, with its newly launched AI-powered ad platform, Unity Vector, emerging as a clear growth catalyst. Vector, a neural network-based upgrade to Unity's advertising engine, drove 15% sequential growth in the Unity Ad Network during the second quarter of 2025, with management guiding for double-digit sequential gains in the third quarter. This performance comes on top of stabilization in other ad products, setting the stage for mid-single-digit growth across the broader Grow makes Vector's early success notable is its scalability and potential longevity. The platform processes more data types in real time, delivering higher-quality installs and stronger return on ad spend for clients. Unity's reach, powering 70% of top mobile games, gives Vector unique behavioral data advantages, with the company planning to integrate runtime gameplay insights starting in Unity posted $440.9 million in the second-quarter revenue, down 1.9% year over year but ahead of estimates, while adjusted EBITDA of $90 million reflected 21% margins. Management emphasized that efficiency gains are enabling aggressive reinvestment into Vector and AI content creation without sacrificing key question for investors is sustainability. While Unity's early Vector adoption is broad-based and cannibalization is minimal (less than 10%), scaling returns across genres, geographies, and advertisers remains a multi-year effort. With high contribution margins and expanding partnerships in gaming, automotive, and healthcare, Unity has the runway to extend Vector's momentum — but execution in AI-driven ad optimization will determine if these early wins turn into a durable growth engine. Unity's Competitive Landscape Unity's rapid progress with Vector places it in direct competition with AppLovin Corporation APP and Digital Turbine, Inc. APPS — two established players in the mobile ad tech arena. AppLovin has built its reputation on advanced machine learning algorithms for ad targeting and monetization, with its AXON engine delivering strong advertiser ROI. While AppLovin enjoys scale and a broad advertiser base, Unity's deep integration into the game development pipeline offers a unique data edge that AppLovin Turbine focuses on mobile content discovery and app distribution, working closely with carriers and OEMs to deliver targeted user acquisition campaigns. Like AppLovin, Digital Turbine aims to maximize install quality and advertiser returns, but Unity's Vector benefits from first-party game runtime data that could give it a stronger long-term advantage. Outpacing AppLovin and Digital Turbine will require Unity to scale Vector's early performance gains across its entire ad ecosystem. U Stock's Price Performance & Valuation Trend Shares of this California-based software development company have gained 57.8% in the past three months, significantly outperforming the Zacks Internet - Software industry, the Zacks Computer and Technology sector. Unity Stock's Price Performance Image Source: Zacks Investment Research U stock is currently trading at a premium compared with the industry peers, with a forward 12-month price-to-sales (P/S) ratio of 7.33, as evidenced by the chart below. Unity's P/S Ratio (Forward 12-Month) vs. Industry Image Source: Zacks Investment Research EPS Trend of Unity Software Unity's loss estimates for 2025 and 2026 have narrowed over the past seven days to a loss per share of 79 cents and 64 cents, respectively. Despite indicating losses, the estimated figures for 2025 imply a year-over-year improvement from a loss of $1.68 per share. Image Source: Zacks Investment Research U stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AppLovin Corporation (APP) : Free Stock Analysis Report Digital Turbine, Inc. (APPS) : Free Stock Analysis Report Unity Software Inc. (U) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research

Will Opendoor's Agent-Led Model Drive a 2026 Revenue Rebound?
Will Opendoor's Agent-Led Model Drive a 2026 Revenue Rebound?

Yahoo

time26 minutes ago

  • Yahoo

Will Opendoor's Agent-Led Model Drive a 2026 Revenue Rebound?

Opendoor Technologies Inc. OPEN has shifted its focus to a more agent-led model from the capital-intensive model, and is witnessing substantial returns from this strategic move. Its agent-led model determines the direct connection of agents with sellers for the better integration of offers and listing options. Piloted in selected markets in the first quarter of 2025, this new model has resulted in five times more listing conversion rates, with customers reaching double the time of the final underwritten cash offer (all-cash proposal made directly to the homebuyer) compared with OPEN's traditional to the robust acceptance of this new agent-led model, Opendoor could exercise this initiative throughout all the markets it operates in as of the second quarter of 2025. Besides, during the second quarter, the company highlighted its optimization phase regarding the agent-led model, which will include more agent collaboration, enhanced tools, better training processes and more product offerings. On July 15, 2025, OPEN launched its Key Agent iOS app to enable agents to perform high-quality home assessments through phones, resulting in better customer connection and enriching its AI with enhanced Opendoor also launched Cash Plus, a hybrid product designed for sellers in the market to get an understanding of immediate cash offers and prospective profit options. This product is gaining traction upon its launch, and is aimed at diversifying revenues, reducing capital intensity and improving contribution margin company believes that the inputs from the new agent-led initiative are expected to come to light from 2026. As this new initiative scales and reaches full potential amid the expected normalization of the macro risks, Opendoor will be able to realize incremental benefits in the long term. Does Opendoor Face Competition in the Market? Opendoor is focusing on operating through a distinct distributed platform model, and given this approach, it faces substantial competition from other market players, including Offerpad Solutions, Inc. OPAD and Rocket Companies, Inc. engages in buying, renovating and reselling homes, operating as a pure-play iBuyer. However, it has also introduced more flexible seller solutions to reduce balance sheet risk. Through the operation speed, pricing and customer experience factors, Offerpad offers direct competition to Opendoor in the the other hand, Rocket Companies operates through a diversified fintech and consumer homeownership platform. Upon the acquisition of Redfin in March 2025, this company entered into the evolving digital real estate ecosystem. Redfin's inclusion opened doors for Rocket Companies to a strong online marketplace, brokerage network and brand recognition, positioning it as a strong competitor to Opendoor in the market. OPEN Stock's Price Performance & Valuation Trend Shares of this California-based company offering a digital platform for residential real estate transactions have soared 215% in the past three months, significantly outperforming the Zacks Internet - Software industry, the Zacks Computer and Technology sector and the S&P 500 index. Image Source: Zacks Investment Research OPEN stock is currently trading at a discount compared with the industry peers, with a forward 12-month price-to-sales (P/S) ratio of 0.33, as evidenced by the chart below. The discounted valuation of the stock, compared with its peers, advocates for an attractive entry point for investors. Image Source: Zacks Investment Research EPS Trend of Opendoor Opendoor's bottom-line estimates for 2025 have remained unchanged over the past 60 days at a loss per share of 19 cents. Despite indicating losses, the estimated figure for 2025 implies year-over-year growth of 48.7%. Image Source: Zacks Investment Research OPEN stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Rocket Companies, Inc. (RKT) : Free Stock Analysis Report Opendoor Technologies Inc. (OPEN) : Free Stock Analysis Report Offerpad Solutions Inc. (OPAD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

OneConstruction Group Limited Announces Annual Financial Results for the Fiscal Year Ended March 31, 2025
OneConstruction Group Limited Announces Annual Financial Results for the Fiscal Year Ended March 31, 2025

Yahoo

time44 minutes ago

  • Yahoo

OneConstruction Group Limited Announces Annual Financial Results for the Fiscal Year Ended March 31, 2025

OneConstruction Group Limited (NASDAQ: ONEG) NEW YORK, Aug. 12, 2025 /PRNewswire/ -- OneConstruction Group Limited, a Cayman Islands exempted company with limited liability that, through its operating subsidiary, OneConstruction Engineering Projects Limited, a company incorporated under the laws of Hong Kong with limited liability, operates as a structural steelwork contractor for construction projects in both the public and private sectors in Hong Kong ("OneConstruction Group","ONEG" or the "Company"), today announced its audited financial results for the fiscal year ended March 31, 2025. Financial Highlights Revenue: Revenue for the year ended March 31, 2025 ("FY2025") decreased by 16.2% to $53.2 million, compared to $63.5 million for the fiscal year ended March 31, 2024 ("FY2024"). The decline was attributed to a 14.1% reduction in revenue from the public sector and a decrease of 27.3% in revenue from the private sector. Despite the decrease in total revenue, revenue derived from residential construction projects in the public sector increased by 23.1% from $32.2 million in FY2024 to $39.7 million in FY2025. Gross Profit: Gross profit for FY2025 was $3.9 million, a decrease of 11.9% compared to $4.4 million in FY2024. However, gross profit margin increased by 0.4 percentage points to 7.4%, compared to 7.0% in FY2024. The increase in gross profit margin was attributable to the award of construction projects in the public sector that provided higher profit margins. Net Income: Profit after tax for FY2025 decreased to $0.9 million, compared to $1.8 million in FY2024. This reduction was mainly due to a decrease of $0.5 million in profit from operations, an increase of $0.23 million in finance costs and an increase of $0.1 million in income tax expenses during FY2025. Cash Flow: The net decrease in cash and cash equivalents of $0.8 million for FY2025 was mainly attributable to the cash outflow of $5.1 million in operating activities and the cash inflow from financing activities of $4.3 million. Cash Position: As of March 31, 2025, the consolidated cash balance decreased to $0.7 million, compared to $1.6 million as of March 31, 2024. This decrease was primarily driven by the cash used in operating activities. Administration Expenses: Administration expenses were $2.2 million for FY2025, representing an increase of 153.9% from $0.9 million in FY2024. The increase was attributable to legal and professional fees and other administrative expenses incurred for the initial public offering conducted in FY2025. Operational Highlights A Top Hong Kong Steelwork Service Provider:⁻ ONEG is one of the top service providers in the Hong Kong structural steelwork industry with an established reputation and proven track record. Custom Steelwork Solutions:⁻ ONEG offers tailored solutions in structural steelwork service designed to meet client needs.⁻ Leveraging its established network and supplier relationships, ONEG believes it is well-equipped to manage tight timelines and accommodate supplemental orders.⁻ ONEG' believes that its ability to promptly respond to unforeseen demands and adjust supply and installation schedules enhances its appeal to clients. Well-Positioned for Public Sector Construction Growth:⁻ ONEG is primarily engaged in works for the growing public sector.⁻ According to the Construction Expenditure Forecast prepared by Construction Industry Council of Hong Kong, the construction expenditures for building works in both public and private sectors and civil works in the public sector (i.e., the construction works that most involved the use of structural steelwork) in Hong Kong is expected to grow at a CAGR of 4.5% between 2025 and 2027, despite a recent decline in construction expenditures for the private sector. Visionary and Experienced Leadership:⁻ ONEG is led by a visionary and experienced management team with robust technical and operational expertise.⁻ ONEG's management team, including its executive director and general manager, brings substantial technical and management experience, complemented by extensive industry networks.⁻ ONEG's strong and dedicated execution team collaborates closely with clients to effectively meet their needs and adapt to market trends. ONEG's Recent Development On January 2, 2025, ONEG announced the closing of its initial public offering of 1,750,000 ordinary shares at a public offering price of $4.00 per share (the "Offering"). The aggregate gross proceeds from the Offering were $7 million, before deducting underwriting discounts and other related expenses. The net proceeds from the Offering were mainly for funding up-front costs for future projects, expanding management and technical teams, and bolstering working capital. The Offering was conducted on a firm commitment basis. American Trust Investment Services and WestPark Capital acted as underwriters. WestPark Capital was the book-running manager for the Offering. Hunter Taubman Fischer & Li LLC acted as U.S. securities counsel to ONEG, and Ortoli Rosenstadt LLP acted as U.S. securities counsel to the underwriters in connection with the Offering. In February 2025, ONEG established an equity incentive plan to attract and retain the best available personnel for positions of responsibility with ONEG and provide them with additional incentives for the purpose of promoting its long-term business success. ONEG has reserved 3,000,000 authorized but unissued ordinary shares for issuance under the plan ("ESOP Shares"). In May 2025, ONEG issued 3,000,000 ESOP Shares to certain employees under the plan at the consideration of $0.0001 for each ESOP Share. Outlook Looking ahead, ONEG will remain focused on expanding its market presence, particularly in the public sector. ONEG is committed to driving operational efficiency and delivering sustainable growth in the face of ongoing macroeconomic challenges. About the OneConstruction Group OneConstruction Group is a structural steelwork contractor based in Hong Kong. Through its operating subsidiary, ONEG specializes in the procurement and installation of structural steel across a diverse range of construction projects in Hong Kong, including residential and commercial developments as well as infrastructure works. While much of its work is commissioned by the public sector, ONEG also serves private clients, delivering customized steel solutions tailored to Hong Kong's construction needs. For more information, please visit ONEG's website: Forward-looking Statements All forward-looking statements, expressed or implied, in this release are based only on information currently available to us and speak only as of the date on which they are made. Investors can find many (but not all) of these statements by the use of words such as "approximates," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or other similar expressions in this prospectus. Except as otherwise required by applicable law, ONEG disclaims any duty to publicly update any forward-looking statement, each of which is expressly qualified by the statements in this section, to reflect events or circumstances after the date of this release. These statements are subject to uncertainties and risks, including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the "Risk Factors" section of the registration statements filed with the U.S. Securities and Exchange Commission (the "SEC"). Although ONEG believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and ONEG cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in ONEG's registration statement and other filings with the SEC. Additional factors are discussed in ONEG's filings with the SEC, which are available for review at For more information, please contact: Investor Relations Mr. Gordon Ligli@ Media Relations Ms. Callis Lau / Mr. Gary Li / Ms. Lorraine Lukoneg@ View original content: SOURCE OneConstruction Group Limited

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store