STOCK TITAN

Walker & Dunlop Adds Presence in Charleston, South Carolina with Capital Markets Hire

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Walker & Dunlop has expanded into Charleston, South Carolina, hiring Walker Layne as Senior Director to enhance its Capital Markets group. Layne will focus on sourcing equity capital and debt financing for commercial real estate. The company aims for $65 billion in debt financing by 2025, building on its strong performance with $11 billion in debt volume in the first half of 2021, reflecting a 93% year-over-year increase. This strategic move supports Walker & Dunlop's growth in a healthy commercial real estate market.

Positive
  • Expanded presence into Charleston, enhancing market reach.
  • Increased debt brokerage volume to $11 billion, up 93% year-over-year.
  • Strategic goal of achieving $65 billion in debt financing by 2025.
Negative
  • None.

BETHESDA, Md., Oct. 25, 2021 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it has expanded its footprint into Charleston, South Carolina with the addition of Walker Layne, Senior Director. As part of the company's Capital Markets group, Mr. Layne is responsible for sourcing and structuring equity capital and debt financing transactions for all commercial real estate assets.  

Senior Vice President and Chief Production Officer Bill Wein, commented, "We are thrilled to welcome Walker to our Capital Markets platform, which has experienced tremendous growth over the past year due to our fantastic people and an extremely healthy commercial real estate market. Geographic expansion will play an important role in the continued growth of our debt financing volumes to achieve $65 billion by 2025, and Walker's initiation of our presence in Charleston and the surrounding region is a significant win for our platform."

Mr. Layne has nearly two decades of fixed income and equity experience in the financial services industry. Prior to joining Walker & Dunlop, he was a Vice President at Medalist Capital, a commercial real estate financial services company. Previously, he was part of the Prime Financing Group at Credit Suisse.

Walker & Dunlop is a leader in the commercial real estate finance space and continues to expand its capabilities and reach across the United States. In the first half of 2021, the company originated $11 billion of debt brokerage volume, up 93% year over year. To learn more about our Capital Markets capabilities and financing options, visit our website.

About Walker & Dunlop
Walker & Dunlop (NYSE: WD) is the largest provider of capital to the multifamily industry in the United States and the fourth largest lender on all commercial real estate including industrial, office, retail, and hospitality. Walker & Dunlop enables real estate owners and operators to bring their visions of communities — where Americans live, work, shop, and play — to life. The power of our people, premier brand, and industry-leading technology enables us to meet any client need – including financing, research, property sales, valuation, and advisory services. With over 1,000 employees across every major U.S. market, Walker & Dunlop has consistently been named one of Fortune's Great Places to Work® and is committed to making the commercial real estate industry more inclusive and diverse while creating meaningful social, environmental, and economic change in our communities.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/walker--dunlop-adds-presence-in-charleston-south-carolina-with-capital-markets-hire-301407849.html

SOURCE Walker & Dunlop, Inc.

FAQ

What recent expansion did Walker & Dunlop announce?

Walker & Dunlop announced its expansion into Charleston, South Carolina.

Who was hired by Walker & Dunlop in Charleston?

Walker Dunlop hired Walker Layne as Senior Director for its Capital Markets group.

What is Walker & Dunlop's debt brokerage volume for the first half of 2021?

Walker & Dunlop originated $11 billion in debt brokerage volume in the first half of 2021.

What is Walker & Dunlop's target for debt financing by 2025?

Walker & Dunlop aims to achieve $65 billion in debt financing by 2025.

How much did Walker & Dunlop's debt brokerage volume increase year-over-year?

Walker & Dunlop's debt brokerage volume increased by 93% year-over-year.

Walker & Dunlop, Inc.

NYSE:WD

WD Rankings

WD Latest News

WD Stock Data

3.63B
33.77M
5.3%
85.16%
3.06%
Mortgage Finance
Finance Services
Link
United States of America
BETHESDA