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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, based in Bethesda, MD, announced the release of its Spring 2021 Multifamily Outlook report, focusing on macroeconomic trends in the multifamily market. The report highlights the growth potential of single-family rental (SFR) and build-for-rent (BFR) sectors, indicating they may outpace traditional markets like office and retail. Additionally, it features insights from industry leaders, discussing their contributions to community development. Walker & Dunlop remains optimistic about the resilience of the multifamily asset class as the economy recovers from the pandemic.
Walker & Dunlop, based in Bethesda, Maryland, has appointed Suzanne Jones as Senior Director within its Agency financing group, focusing on Fannie Mae and Freddie Mac multifamily loans. With over 25 years in commercial real estate finance, Jones aims to support the company’s goal of achieving over $65 billion in annual debt financing by 2025. The firm, a leading provider of capital to the U.S. multifamily market, originated $31 billion in transactions in 2020. Jones's extensive background includes underwriting over $6 billion in transactions and multiple industry accolades.
Walker & Dunlop arranged $55.5 million in financing for Thrive Companies' Quarry Trails Apartments and Quarry Trails Townhomes project in Columbus, Ohio. This multifamily development comprises 293 units and 100 townhomes, leveraging a decommissioned quarry site. The project includes a multi-use downtown area and is designed to integrate with a natural park. The financing features competitive terms, with a three-year construction and semi-permanent financing term and a five-year term for the development.
Walker & Dunlop, the leading capital provider in the U.S. multifamily industry, has achieved a remarkable milestone by surpassing major competitors like JP Morgan Chase and Wells Fargo. According to the 2020 Mortgage Bankers Association loan origination rankings, the company's multifamily loan originations skyrocketed from $2.2 billion in 2010 to $31 billion in 2020, reflecting a 30% compound annual growth rate. CEO Willy Walker emphasizes the potential for further growth in various housing sectors, such as small loans under $5 million and seniors housing, bolstered by their strong team and advanced technology.
Walker & Dunlop facilitated the $164.5 million sale of The Mansions Portfolio, an independent living portfolio in Atlanta, Georgia, purchased by Focus Senior Housing Fund I LP. The transaction involved four communities with 559 independent living units, achieving excellent occupancy and profit margins. Advisory services were provided by Joshua Jandris and his team, while financing was arranged through Freddie Mac, showcasing Walker & Dunlop's extensive experience in the seniors housing sector.
Walker & Dunlop has partnered with North Carolina Central University to establish an MBA program focused on real estate. This initiative aims to support minority students, aligning with the firm's commitment to diversity and inclusion. The company will engage actively with NCCU, offering mentorship, internships, and two annual fellowships covering tuition and living expenses for five years. This collaboration is part of Walker & Dunlop's broader strategy to foster diverse talent in commercial real estate.
Walker & Dunlop announced a financing structure of $9,089,800 for the acquisition of Tender Hearts Assisted Living in Green Bay, Wisconsin. This facility, built in 2009 and renovated in 2019, aligns with Senior Opportunity Funds Holding Company's growth strategy in the underserved Wisconsin market. The financing, utilizing HUD's LEAN 232/233(f) program, achieves a 90% loan-to-cost ratio, with a combined ratio of 98%. This strategic move aims to enhance Walker & Dunlop's position in the senior housing sector.
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