Walker & Dunlop, Inc. - WD STOCK NEWS

Walker & Dunlop will release its third quarter 2020 results on October 29, 2020, before the market opens. A webcast is scheduled for 8:30 a.m. Eastern time the same day to discuss the results. Interested parties can access the webcast through the provided link or by calling +1 408 901 0584. Walker & Dunlop is a leading commercial real estate finance company in the U.S., providing diverse capital solutions and investment sales brokerage services. The company is part of the S&P SmallCap 600 Index and has been recognized in FORTUNE Magazine for rapid growth in previous years.

Walker & Dunlop Investment Partners (WDIP) has appointed Salika Khizer as Director of its Capital Formation team, enhancing its focus on middle-market commercial real estate investments. Based in San Francisco, Khizer brings over eight years of fundraising experience, previously serving as vice president at CIM Group. WDIP, a wholly-owned subsidiary of Walker & Dunlop, aims to provide diverse capital solutions to underserved market segments. The firm continues to expand its suite of private equity and debt strategies tailored for commercial real estate.

Walker & Dunlop, in partnership with GeoPhy, announced the expansion of its appraisal business, Apprise, into the Financial Reporting sector, led by Adriane Bookwalter, CPA. This new group will provide real estate valuations for financial reporting, including fair value measurement and impairment analysis, leveraging 20 years of data on over 2.5 million units. The U.S. commercial real estate market is valued at an estimated $16 trillion, positioning Apprise to serve a broader client base. The company's appraisals have accounted for over $70 billion worth of properties annually.

Walker & Dunlop arranged $87,429,870 in Fannie Mae financing for The PRC Group, enhancing affordable housing in New Jersey. The portfolio includes Brighton Arms Apartments, Grandville Towers, and Tree Haven Apartments, totaling 792 units, with over 85% classified as mission-driven. This marks a significant achievement, as the company has facilitated over $125 million in financing for PRC in 2020. The financing structure offers four years of interest-only payments under a 12-year term, allowing for flexibility amid challenging market conditions.

Walker & Dunlop and GeoPhy have announced that their multifamily appraisal business, Apprise, has appointed Donald Lee as Senior Director for its New York City team. Joining him are Roman Rubinchik as Director and Nora Derian as Associate. With nearly 20 years of experience, Lee will enhance Apprise's operations in New York, a major multifamily market. Apprise specializes in compliant multifamily appraisals, leveraging advanced data analytics. Since January 2020, the team has quadrupled and completed appraisals worth over $70 billion per year, covering more than 470,000 units.

Walker & Dunlop announced the hiring of TJ Edwards as Managing Director in Bethesda, Maryland. With extensive experience in multifamily finance, Edwards aims to enhance origination efficiency and client relations. Previously, he managed $6.8 billion in loan purchases at Freddie Mac, where he also championed diversity initiatives. Edwards' leadership is expected to drive growth in debt financing and assets under management. Walker & Dunlop is a leading commercial real estate finance company, known for its commitment to client satisfaction and fast growth.

Walker & Dunlop, Inc. announced the rebranding of JCR Capital Investment Corporation as Walker & Dunlop Investment Partners, Inc. (WDIP) following its acquisition two years ago. Sam Isaacson has been promoted to President of WDIP, overseeing daily operations. The change aims to enhance investment management and integrate JCR's operations into Walker & Dunlop, which aspires to build an $8-10 billion investment management business. Key figures, Jay Rollins and Maren Steinberg, remain involved in strategic guidance and managing current funds. WDIP focuses on middle-market real estate investment opportunities.

Walker & Dunlop has announced the hiring of Josh Ward as Senior Director for their multifamily appraisal business, Apprise, which is a joint venture with GeoPhy. Based in Charlotte, North Carolina, Ward brings over 20 years of experience in commercial real estate valuation. His expertise will enhance Apprise's ability to deliver data-driven, efficient multifamily appraisals across the Carolinas and the greater Southeast. Apprise has quadrupled its team size since January 2020, handling over $70 billion in appraisals annually.