$160M Loan Secured for Disney's First Residential Community in Coachella Valley

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

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08/11/2025 - 06:00 AM

BETHESDA, Md.--(BUSINESS WIRE)-- announced today that it has arranged a $160 million loan for a master planned community located in California鈥檚 acclaimed Coachella Valley in the City of Rancho Mirage. The loan has a $27 million re-advance component for total proceeds of $187 million.

颁辞迟颈苍辞鈩�, a Storyliving by Disney鈩� Community. photo credit: EC Rancho Mirage Holdings Limited Partnership

Walker & Dunlop Capital Markets, led by , , , , , , , 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, 颁辞迟颈苍辞鈩�, a Storyliving by Disney鈩� Community, is expected to contain approximately 1,900 residential units, a 24-acre lagoon with Crystal Lagoons^庐 technology, a voluntary private club, a town center and various other amenities.

鈥淔eaturing a stunning backdrop of the Coachella Valley鈥檚 natural beauty and close proximity to Palm Springs amenities, the desire to live in Rancho Mirage remains high,鈥� said Reimer, managing director of New York Capital Markets at Walker & Dunlop. 鈥淲e 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.鈥�

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鈥檚 top developers, owners, and operators. To learn more about Walker & Dunlop鈥檚 broad financing options, visit our .

About 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.