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BETHESDA, Md.--(BUSINESS WIRE)--Dec 9, 2024-- Walker & Dunlop, Inc. announced today that it arranged the $185,000,000 sale of Preserve at Melrose, a suburban multifamily community built in 2015 that comprises 410 units in Vista, one of San Diego's most sought-after north county neighborhoods. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241209891604/en/ Preserve at Melrose (Photo: Business Wire) This sale represents the 2 nd largest single-asset transaction in San Diego and the fifth largest in California year-to-date in 2024. The Walker & Dunlop Investment Sales team, led by Hunter Combs , represented the seller, a local San Diego based group, and buyer, Mesirow. "San Diego remains a top target nationally for investors, making up 10% of all U.S. multifamily transactions over $150 million and 23% of those in California, year-to-date since 2023," said Hunter Combs, managing director of Investment Sales at Walker & Dunlop. "San Diego's market strength is propelled by its historically consistent rent growth, strong fundamentals and high barriers to entry. The influx of life science surrounding UCSD and big tech companies establishing their presence here, in addition to the long-standing defense industry underscores San Diego's exceptional market resilience and attractiveness for investors." "We were pleased to collaborate with Walker & Dunlop in the purchase of the Preserve at Melrose,” stated Alasdair Cripps , chief executive officer of Mesirow Institutional Real Estate Direct Investments. “The Preserve’s expansive amenity set, transit-oriented location and proximity to key employment centers make it one of north county San Diego’s most attractive multifamily properties, and we look forward to serving this community.” Located in the Vista submarket of San Diego, Preserve at Melrose is minutes from downtown Vista and transit oriented being adjacent to the light rail stations. The property is located off State Route 78, providing residents with direct access to major employment hubs along the 78 corridor, including Vista, Oceanside, Carlsbad, San Marcos, and Escondido. The multifamily community offers one-, two-, and three-bedroom apartments with resort-style amenities, all set within a serene, low-density garden-style setting. Walker & Dunlop is a leader in multifamily property sales, having completed over $51 billion in property sales volume since 2021. The firm is also one of the top providers of capital to the U.S. multifamily market. In 2023, Walker & Dunlop originated over $24 billion in debt financing volume, including lending over $20 billion for multifamily properties. To learn more about our capabilities and 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. Our ideas and capital create communities where people live, work, shop, and play. The diversity of our people, breadth of our brand and technological capabilities make us one of the most insightful and client-focused firms in the commercial real estate industry. About Mesirow Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago, with offices around the world, we serve clients through a personal, custom approach to reaching financial goals and acting as a force for social good. With capabilities spanning Global Investment Management, Capital Markets & Investment Banking, and Advisory Services, we invest in what matters: our clients, our communities and our culture. To learn more, visit mesirow.com , follow us on LinkedIn and subscribe to Spark , our quarterly newsletter. Mesirow has been named one of the Best Places to Work in Chicago by Crain’s Chicago Business multiple times and is one of Barron’s Top 100 RIA firms. View source version on businesswire.com : https://www.businesswire.com/news/home/20241209891604/en/ CONTACT: Investors: Kelsey Duffey Investor Relations Phone301.202.3207 investorrelations@walkeranddunlop.com Media: Nina H. von Waldegg VP, Public Relations Phone301.564.3291 info@walkeranddunlop.comPhone301.215.55007272 Wisconsin Avenue, Suite 1300 Bethesda, Maryland 20814 KEYWORD: CALIFORNIA MARYLAND UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY FINANCE PUBLIC RELATIONS/INVESTOR RELATIONS URBAN PLANNING BANKING COMMUNICATIONS PROFESSIONAL SERVICES RESIDENTIAL BUILDING & REAL ESTATE SOURCE: Walker & Dunlop, Inc. Copyright Business Wire 2024. PUB: 12/09/2024 06:00 PM/DISC: 12/09/2024 06:00 PM http://www.businesswire.com/news/home/20241209891604/enLuigi Mangione, 26, arrested in Pennsylvania in connection to shooting of UnitedHealthcare executiveonline game simulator

TEL AVIV, Dec 10 (Reuters) - Israeli Prime Minister Benjamin Netanyahu will testify on Tuesday for the first time in his long-running corruption trial. Here is what you need to know about the charges that have divided the Israeli public at a time of Middle East turmoil. Netanyahu was indicted in 2019 on charges of bribery, fraud and breach of trust - all of which Netanyahu denies. The trial began in 2020 and involves three criminal cases. He denies the charges and has pleaded not guilty . Prosecutors allege Netanyahu granted regulatory favours worth around 1.8 billion shekels (about $500 million) to Bezeq Telecom Israel (BEZQ.TA). In return, prosecutors say, he sought positive coverage of himself and his wife Sara on a news website controlled by the company's former chairman, Shaul Elovitch. In this case, Netanyahu has been charged with bribery, fraud and breach of trust. Netanyahu has been charged with fraud and breach of trust over allegations that he and his wife wrongfully received almost 700,000 shekels ($210,000) in gifts from Arnon Milchan, a Hollywood producer and an Israeli citizen, and Australian billionaire businessman James Packer. Prosecutors said gifts included champagne and cigars and that Netanyahu helped Milchan with his business interests. Packer and Milchan face no charges. Netanyahu allegedly negotiated a deal with Arnon Mozes, owner of Israel's Yedioth Ahronoth newspaper, for better coverage in return for legislation to slow the growth of a rival newspaper. Netanyahu has been charged with fraud and breach of trust. Unlikely. Unless Netanyahu seeks a plea deal, it could be many more months before the judges rule. Under Israeli law, a prime minister is under no obligation to stand down unless convicted. If he or she appeals their conviction, they can keep their office throughout the appeals process. Bribery charges carry a prison sentence of up to 10 years and/or a fine. Fraud and breach of trust are punishable by up to three years in jail. The shock attack by Hamas on Israel on Oct. 7, 2023, and the ensuing Gaza war, swept Netanyahu's trial off the agenda, as Israelis came together in grief and trauma. Before the war, Netanyahu's legal troubles bitterly divided Israelis and shook Israeli politics through five rounds of elections. After Netanyahu's decisive 2022 victory at the ballot box, his far-right government launched a judicial campaign to curb the powers of the court. It sparked mass protests in Israel and fears among Western allies for the country's democratic health. Netanyahu denied any link between the judicial overhaul and his trial. He largely abandoned the plan after war broke out, but has revived some anti-judiciary rhetoric in recent weeks. Sign up here. Writing by Maayan Lubell; Editing by Howard Goller Our Standards: The Thomson Reuters Trust Principles. , opens new tab



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SANTA CLARA, Calif. (AP) — Brock Purdy threw one short pass in the open portion of practice for the San Francisco 49ers as he remains slowed by an injury to his throwing shoulder that has already forced him to miss a game. Purdy spent the bulk of the session of Wednesday's practice open to reporters as either a spectator or executing handoffs outside of one short pass to Jordan Mason. Purdy hurt his shoulder during a loss to Seattle on Nov. 17. He tried to throw at practice last Thursday but had soreness in his right shoulder and shut it down. He missed a loss to Green Bay but was able to do some light throwing on Monday. His status for this week remains in doubt as the Niners (5-6) prepare to visit Buffalo on Sunday night. Purdy isn't the only key player for San Francisco dealing with injuries. Left tackle Trent Williams and defensive end Nick Bosa remain sidelined at practice Wednesday after missing last week's game. Williams was using a scooter to get around the locker room as he deals with a left ankle injury. Bosa has been out with injuries to his left hip and oblique. Bosa said the week off helped him make progress and that he hopes to be able to take part in individual drills later in the week. Bosa wouldn't rule out being able to play on Sunday. "It’s feeling a lot better,” Bosa said. “Still need to get better before I’m ready to go. This week will be big and I’ll know a lot more in the next couple of days.” Running back Christian McCaffrey has been able to play, but isn't back to the form that helped him win AP Offensive Player of the Year in 2023 after missing the first eight games this season with Achilles tendinitis. McCaffrey has 149 yards rushing in three games back with his 3.5 yards per carry down significantly from last season's mark of 5.4. But he is confident he will be able to get back to his usual level of play. “When you lose and maybe you don’t jump out on the stat sheet, your failures are highlighted,” he said. “I’m happy I’m out here playing football and I just know with time it will come.” Coach Kyle Shanahan said he has liked what he has seen from McCaffrey, adding that there hasn't been much room to run in recent weeks. But Shanahan said it takes time to get back to speed after McCaffrey had almost no practice time for nine months. “Guys who miss offseasons and miss training camp, usually it takes them a little bit of time at the beginning of the year to get back into how they were the year before, let alone missing half the season also on top of that,” Shanahan said. “I think Christian’s doing a hell of a job. But to just think him coming back in Week 8 with not being able to do anything for the last nine months or whatever it is, and to think he’s just going to be in MVP form is a very unrealistic expectation.” NOTES: LB Dre Greenlaw took part in his first practice since tearing his Achilles tendon in the Super Bowl. Greenlaw will likely need a couple of weeks of practice before being able to play. ... LB Fred Warner said he has been dealing with a fracture in his ankle since Week 4 and is doing his best to manage the pain as he plays through it. ... CB Deommodore Lenoir didn't practice after banging knees on Sunday. His status for this week remains in question. ... DT Jordan Elliott (concussion), OL Aaron Banks (concussion) and LB Demetrius Flannigan-Fowles (knee) also didn't practice. AP NFL: https://apnews.com/hub/NFLNo. 4 Penn State tries to keep playoff picture out of focus in prep for tough trip to Minnesota

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