Shreyas Iyer's unbeaten half-century helps Punjab beat Lucknow by 8 wickets

LUCKNOW, India (AP) — Shreyas Iyer hit his second straight half-century for the Punjab Kings on Tuesday in an eight-wicket win over the Lucknow Super Giants in the Indian Premier League.

The Punjab captain scored 52 not out off 30 balls, including three fours and four sixes, helping his team to victory with 22 balls to spare.

Punjab finished with 177-2 in 16.2 overs, after Lucknow was restricted to 171-7 in 20 overs. Left-arm pacer Arshdeep Singh picked 3-43 for the Kings.

The chase was also made easier by opener Prabhsimran Singh’s 69 off 34 balls, including nine fours and three sixes.

Impact player Nehal Wadhera scored 43 not out off 25 balls, hitting four sixes as well, and put on 67 off 37 balls with Iyer to wrap up the chase in whirlwind fashion for Punjab.

Punjab climbed to second in the points’ table behind Royal Challengers Bengaluru on run-rate. Lucknow is sixth.

Put into bat, Lucknow suffered early losses — Mitchell Marsh was out caught off Singh for a golden duck.

Skipper Rishabh Pant’s lean patch continued as he was caught for two runs — trying a wild swing off Glenn Maxwell.

In between, Aiden Markram (28) and Nicholas Pooran stitched together 31 off 19 balls, before Markram was castled by Lockie Ferguson.

Pooran and Ayush Badoni then put on 54 off 40 balls to rescue the innings from 35-3 in the fifth over.

Badoni hit three sixes to score 41 off 33 balls, while Pooran made 44 off 30 balls to climb atop the run-scoring charts. He hit five fours and two sixes before being out caught off Yuzvendra Chahal in the 12th over.

Badoni held one end together, and Lucknow was able to cross 150 thanks to cameos from David Miller (19) and Abdul Samad (27 off 12 balls).

Punjab’s reply was strong despite losing opener Priyansh Arya for eight – Prabhsimran Singh sped off to 50 off 23 balls, his first of the season.

In the third over, Singh and Iyer put on 84 off 44 balls to blow away the Lucknow bowling challenge.

Wrist spinner Digvesh Rathi found some success with 2-30 in four overs — he got both openers, with Singh out caught in the 11th over.

It only opened the floodgates for Punjab, as Iyer and Wadhera stepped further on the accelerator and made light work of the chase.

Iyer had made 97 not out in his first game for Punjab.

AP cricket: https://apnews.com/hub/cricket

Punjab Kings' Prabhsimran Singh, left, plays a shot during the Indian Premier League cricket match between Lucknow Super Giants and Punjab Kings at Atal Bihari Vajpayee Ekana Cricket Stadium in Lucknow, India, Tuesday, April 1, 2025. (AP Photo)

Punjab Kings' Prabhsimran Singh plays a shot during the Indian Premier League cricket match between Lucknow Super Giants and Punjab Kings at Atal Bihari Vajpayee Ekana Cricket Stadium in Lucknow, India, Tuesday, April 1, 2025. (AP Photo)

Punjab Kings' Prabhsimran Singh celebrates after scoring fifty runs during the Indian Premier League cricket match between Lucknow Super Giants and Punjab Kings at Atal Bihari Vajpayee Ekana Cricket Stadium in Lucknow, India, Tuesday, April 1, 2025. (AP Photo)

Punjab Kings' captain Shreyas Iyer, left, and Nehal Wadhera celebrate their team's victory during the Indian Premier League cricket match between Lucknow Super Giants and Punjab Kings at Atal Bihari Vajpayee Ekana Cricket Stadium in Lucknow, India, Tuesday, April 1, 2025. (AP Photo)

Punjab Kings' captain Shreyas Iyer, left, and Nehal Wadhera during the Indian Premier League cricket match between Lucknow Super Giants and Punjab Kings at Atal Bihari Vajpayee Ekana Cricket Stadium in Lucknow, India, Tuesday, April 1, 2025. (AP Photo)

Lucknow Super Giants' captain Rishabh Pant, left, congratulate Punjab Kings' captain Shreyas Iyer, second right, after his team win during the Indian Premier League cricket match between Lucknow Super Giants and Punjab Kings at Atal Bihari Vajpayee Ekana Cricket Stadium in Lucknow, India, Tuesday, April 1, 2025. (AP Photo)

Punjab Kings' captain Shreyas Iyer, left, and Nehal Wadhera greets each other during the Indian Premier League cricket match between Lucknow Super Giants and Punjab Kings at Atal Bihari Vajpayee Ekana Cricket Stadium in Lucknow, India, Tuesday, April 1, 2025. (AP Photo)

Punjab Kings' captain Shreyas Iyer, left, and Nehal Wadhera celebrate their team's victory during the Indian Premier League cricket match between Lucknow Super Giants and Punjab Kings at Atal Bihari Vajpayee Ekana Cricket Stadium in Lucknow, India, Tuesday, April 1, 2025. (AP Photo)

BETHESDA, Md.--(BUSINESS WIRE)--Apr 7, 2025--

Walker & Dunlop, Inc. announced today that it has arranged a $168 million loan to refinance Park Sierra, a 776-unit, Class B, garden-style apartment building in Santa Clarita, California.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250407753298/en/

The financing was arranged by Walker & Dunlop’s California Multifamily Finance team, led by Trevor Fase, on behalf of G.H. Palmer Associates. Fannie Mae provided the financing package.

“We are thrilled to continue our long-standing partnership with G.H. Palmer, a valued repeat client,” said Trevor Fase, senior managing director of Multifamily Finance at Walker & Dunlop. “G.H. Palmer has consistently demonstrated a strong commitment to developing and preserving affordable housing in Santa Clarita. With 97% of the units at Park Sierra qualifying as ‘Mission-Driven,’ this community plays an essential role in providing quality, affordable housing in the market, and we’re proud to help support that mission.”

Originally developed in 1987 by G.H. Palmer Associates, the property consists of 97 one-bedroom and 679 two-bedroom apartments. Approximately 40% of the units have been rehabilitated, with significant additional capital investment planned as the team continues to execute on its vision of providing quality workforce housing in Santa Clarita. Community amenities include five pools and spas, a fitness center, picnic and play areas, and more.

“Walker & Dunlop consistently demonstrates the highest level of professionalism in all of their transactions,” said Chuck Merrell, chief financial officer at G.H. Palmer Associates. “They are always willing to go above and beyond expectations, ensuring that they deliver the best possible results. Their commitment to excellence and attention to detail make them a trusted and invaluable partner for us.”

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. 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 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.

Park Sierra (Photo Credits: G.H. Palmer Associates)