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Walker & Dunlop, Inc. (WD) is a leading commercial real estate finance company in the United States, specializing in providing financing solutions and investment sales for owners of multifamily and commercial properties. With a mission to be the premier real estate finance company in the country, Walker & Dunlop leverages its deep industry knowledge and a dedicated team of over 500 professionals across more than 25 offices nationwide.
Founded with a vision to offer a boutique level of service within a large lending platform, Walker & Dunlop provides a comprehensive suite of financing products. These include first mortgage loans, second trust loans, supplemental financing, construction loans, mezzanine loans, and bridge/interim loans. The company predominantly generates revenue from gains in mortgage banking activities and servicing fees, operating solely within the United States.
Walker & Dunlop partners with major financial entities such as Freddie Mac, Fannie Mae, Ginnie Mae, and the Federal Housing Administration to offer its products. Their financing solutions are designed to cater to a range of needs, whether for their own balance sheet, investment partners, or for sale to life insurance companies, banks, and CMBS providers.
Recent achievements include notable growth in market coverage and strategic partnerships, enhancing their ability to provide unparalleled customer service. The company prides itself on combining the resources of a large firm with the personalized service typical of boutique firms, ensuring clients receive the best financing options available.
Walker & Dunlop announced its sponsorship of the Rutgers Center for Real Estate on July 19, 2022, aiming to enhance career opportunities in commercial real estate for students, particularly from minority backgrounds. The partnership includes hands-on learning, mentorship, and paid internships. Students will engage in competitions to apply their knowledge in real-world scenarios. This initiative underscores Walker & Dunlop's commitment to diversity and inclusion, striving to build a more representative talent pool in the industry.
Walker & Dunlop, a leading provider of capital in commercial real estate, announced it will release its second quarter 2022 results before market opens on August 4, 2022. A webcast discussing these results will take place on the same day at 8:30 a.m. Eastern time. Interested parties can access the webcast through the provided link or by phone. Walker & Dunlop is recognized for its premier brand and technology, with a commitment to diversity and creating positive change in communities.
Walker & Dunlop has promoted Meghan Czechowski to Senior Vice President and head of its technology-enabled valuation business, Apprise. Czechowski will oversee growth strategies, leveraging technology to enhance the appraisal process, enabling valuations to be completed 25% faster than competitors. With over 15 years of experience and a track record of valuing $150 billion in commercial properties, she aims to further transform the commercial real estate sector. Apprise utilizes AI and analytics to provide data-driven insights to clients across the U.S., specializing in FIRREA- and USPAP-compliant appraisals.
Walker & Dunlop structured $754 million in financing for Aman New York, a luxury hotel and residence development at the iconic Crown Building. This financing involved a competitive bidding process, ultimately secured with JPMorgan Chase, including a bridge loan and a condo inventory loan. The development features 22 exclusive residences and 83 hotel rooms, with the hotel opening on August 2, 2022. Notably, one condo sold for $55 million, marking one of New York's high-profile transactions this year. Walker & Dunlop's strong market presence is highlighted by its $68 billion transaction volume in 2021.
Walker & Dunlop announced the sale of East Bank at Richwood Village, a 200-unit luxury apartment complex located in Richwood, Texas. This property is a unique investment opportunity in the rapidly growing Lake Jackson submarket, characterized by limited multifamily options. The transaction was managed by Ryan Epstein and Jennifer Ray, ensuring a favorable outcome for the seller, Pensam Capital, and the buyer's representative, BR Premier Properties. Positive demographic and employment trends in the area support the investment potential.
Walker & Dunlop announced the fourth installment of its "What Drives You" campaign on June 22, 2022, featuring Mark Hafner, CEO of HASTA Capital. The campaign highlights the passion and perseverance of their clients. HASTA Capital, founded in 2017, has grown rapidly to a $1 billion portfolio across four countries, focusing on inclusive residential multifamily assets. Hafner credits their success to attention to detail and collaboration with Walker & Dunlop, which financed nearly all of HASTA's projects. The campaign also showcases a commitment to enhancing community living experiences.
Walker & Dunlop announced financing of $61,046,600 for the UNI Tower project, Miami's first 100% income- and rent-restricted residential skyrise. The project will create 252 affordable housing units in a high-cost market, along with 10,000 square feet of office space and 4,500 square feet of retail. Located in an Economic Opportunity Zone, it leverages tax incentives to encourage long-term investment. This initiative addresses the critical need for affordable housing in Miami.
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