Walker & Dunlop Announces Kathleen Balderrama as New Group Head for Alliant Capital

Rhea-AI Summary

Walker & Dunlop has appointed Kathleen Balderrama as Group Head for Alliant Capital, enhancing its leadership in affordable housing financing. Balderrama, with nearly two decades of experience in LIHTC and affordable housing, succeeds Shawn Horwitz. Walker & Dunlop aims for $60 billion in affordable housing finance by 2025, having already originated $20.4 billion over the last two years. Alliant manages over $14 billion in assets, helping more than 400,000 low-income families. The company continues to strengthen its position in tackling the national housing crisis.

Positive

• Appointment of Kathleen Balderrama as Group Head for Alliant Capital strengthens leadership.
• Balderrama has nearly 20 years of affordable housing experience.
• $60 billion goal in affordable housing finance by 2025 shows strong growth ambitions.
• $20.4 billion in financing originated over the past two years indicates solid market activity.
• Alliant's assets exceed $14 billion, enhancing financial stability and capacity to provide affordable housing.

Negative

• None.

BETHESDA, Md.--(BUSINESS WIRE)-- Kathleen Balderrama has officially assumed her position as Group Head for Alliant Capital (“Alliant”), the 6^th largest LIHTC syndicator in the United States. She takes over for Shawn Horwitz and oversees LIHTC production, acquisitions, and asset management for the Alliant team. Taking the helm after nearly 10 years with the organization, Balderrama has nearly two decades of LIHTC and affordable housing experience.

Kathleen Balderrama (Photo: Business Wire)

“Katie has been constantly expanding her role with the organization, digging into the business functions, and most recently creating exciting plans for our growth. We are thrilled to have such a dynamic leader at the helm of our Alliant team,” said Sheri Thompson, Affordable Housing and Investment Management executive vice president at Walker & Dunlop. “Her background as an attorney and her deep understanding of the Affordable Equity market greatly enhance our affordable team capabilities and make her uniquely qualified for this role.”

Before joining Alliant, Balderrama practiced complex business litigation, including affordable housing, real estate, and securities litigation at international law firms Mayer Brown LLP and Crowell & Moring LLP. Her practice focused on complex financial cases such as securities, corporate, partnership, fiduciary disputes, class actions, and intellectual property litigation.

“We have spent the last year collaborating and exchanging information with our Walker & Dunlop colleagues. Our expanded and integrated platform is now better able to serve the needs of our investors and developers as we continue to tackle the important issue of the national housing crisis,” said Horwitz. “I look forward to seeing Katie thrive in her new role in leading the team and I am confident that the team will continue to make a difference and exceed all expectations.”

Walker & Dunlop is working to achieve its five-year goal of $60 billion in cumulative affordable housing finance by the end of 2025. Well on their way to reaching this goal, the affordable team originated $20.4 billion of affordable and workforce housing financing over the past two years through FHA, Fannie Mae, Freddie Mac, and capital markets sources. Today, Alliant’s portfolio exceeds $14 billion in assets under management and has provided housing for over 400,000 low-income families, seniors, and veterans. Combined with Walker & Dunlop's affordable housing financing and sales solutions, the partnership is a market-leading affordable housing platform that addresses the financing, sale, and preservation of affordable housing nationwide. 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230323005195/en/

Investors:

Kelsey Duffey

Investor Relations

Phone 301.202.3207

investorrelations@walkeranddunlop.com

Media:

Nina H. von Waldegg

VP, Public Relations

Phone 301.564.3291

info@walkeranddunlop.com

Source: Walker & Dunlop, Inc.

FAQ

Who is Kathleen Balderrama and what is her new role at Walker & Dunlop?

Kathleen Balderrama has been appointed as the Group Head for Alliant Capital, overseeing LIHTC production, acquisitions, and asset management.

What financial goals does Walker & Dunlop have for affordable housing by 2025?

Walker & Dunlop aims to achieve $60 billion in cumulative affordable housing finance by the end of 2025.

How much financing has Walker & Dunlop originated for affordable housing in the past two years?

Walker & Dunlop has originated $20.4 billion of affordable and workforce housing financing in the past two years.

How many families have benefited from Alliant's housing initiatives?

Alliant's initiatives have provided housing for over 400,000 low-income families, seniors, and veterans.

What is the significance of Balderrama's appointment for Alliant Capital?

Balderrama's extensive experience in affordable housing enhances Alliant Capital's leadership and strategy to address the housing crisis.