Logos Development, under the leadership of Pastor Martin Porter, engaged Walker & Dunlop as its exclusive financial advisor for the capitalization of affordable housing projects on church-owned land in partnership with LOGOS Development throughout urban neighborhoods on the West Coast. This strategic collaboration aims to secure $400 million in debt and equity capital to develop over 2,000 affordable housing units that are currently in various stages of being entitled and permitted.

As part of this engagement, Walker & Dunlop is assisting Logos Development in identifying, structuring and negotiating the necessary debt and equity capital to ensure the successful development of these properties.

“We are thrilled to be exclusively engaged with Walker & Dunlop,” Pastor Porter, managing partner of Logos Development, said. “Their expertise and proven record are invaluable. We want to only collaborate and partner with the best in the industry.”

Walker & Dunlop’s team is being led by Chris Montes, a Los Angeles-based mortgage banker with over 12 years of experience in the commercial banking industry.

“Logos Development has a very unique business model. They are community based and their collaboration with various churches, denominations and non-profits give them a competitive edge on land site control over many properties, with a low cost to build and most importantly on making a meaningful impact for those who need it most,” Montes said. “They are both innovative and impactful in all that they are doing.”