Walker & Dunlop Appoints Sheri Thompson as Executive Vice President

Rhea-AI Summary

Walker & Dunlop has promoted Sheri Thompson to Executive Vice President, effective July 20, 2020. Based in Bethesda, Maryland, she will oversee multifamily lending through HUD. Under her leadership, the company aims to strengthen its HUD platform, having been ranked the #3 HUD lender based on MAP volume for the past two years. Thompson's contributions include enhancing Diversity and Inclusion initiatives and revitalizing the 'Women in Production' group. Her extensive experience includes key roles at Green Park Financial and PGIM Real Estate Finance.

Positive

• Leadership change strengthens HUD lending platform.
• Thompson's promotion reflects her significant impact on Diversity and Inclusion initiatives.
• Company maintained position as #3 HUD lender, suggesting stable growth.

Negative

• Concerns may arise regarding continuity with leadership transitions.

BETHESDA, Md., July 20, 2020 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it has promoted Sheri Thompson to Executive Vice President. Based out of the company's headquarters in Bethesda, Maryland, Ms. Thompson oversees all aspects of Walker & Dunlop's multifamily lending through the U.S. Department of Housing and Urban Development (HUD).

Walker & Dunlop President Howard Smith stated, "Since returning to Walker & Dunlop early last year, Sheri has made an enormous impact in both the FHA Finance group and more broadly across the organization, with active involvement on the company's Strategy and Administrative Committees. Sheri's work has helped us rethink our general approach to Diversity and Inclusion and specific approach to our Women's Initiative." Mr. Smith continued, "Walker & Dunlop was ranked the #3 HUD lender based on MAP (Multifamily Accelerated Processing) volume for the past two consecutive years. Under Sheri's leadership, we are confident that we will continue growing our HUD platform."

Paula Pryor, Executive Vice President and Chief Human Resources Officer, added, "Sheri has re-invigorated our 'Women in Production' group and helped advance our efforts to be a great place to work for all. She returned to Walker & Dunlop intent on making a difference, and it is remarkable to reflect on all that she has accomplished in the past 18 months."

Ms. Thompson initially joined Green Park Financial, which was merged with Walker & Dunlop in 2010, as an underwriter in 1994. She then joined Red Capital Group as Chief Underwriter and Head of At-Risk Credit. Prior to her return to Walker & Dunlop in January 2019, Ms. Thompson served as the Chief Operating Officer of PGIM Real Estate Finance's Agency Lending Group.

To learn more about Walker & Dunlop's HUD financing capabilities, visit our website.

About Walker & Dunlop
Walker & Dunlop (NYSE: WD), headquartered in Bethesda, Maryland, is one of the largest commercial real estate finance companies in the United States. The company provides a comprehensive range of capital solutions for all commercial real estate asset classes, as well as investment sales brokerage services to owners of multifamily properties. Walker & Dunlop is included on the S&P SmallCap 600 Index and was ranked as one of FORTUNE Magazine's Fastest Growing Companies in 2014, 2017, and 2018. Walker & Dunlop's 850+ professionals in 40 offices across the nation have an unyielding commitment to client satisfaction.

 

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SOURCE Walker & Dunlop, Inc.

FAQ

What is the significance of Sheri Thompson's promotion at Walker & Dunlop?

Sheri Thompson's promotion to Executive Vice President is significant as she will lead multifamily lending through HUD, aiming to enhance the company's HUD platform.

What impact might Sheri Thompson's leadership have on Walker & Dunlop's performance?

Thompson's leadership is expected to strengthen diversity initiatives and potentially improve overall operational performance and growth in HUD lending.

When did Walker & Dunlop announce Sheri Thompson's promotion?

Walker & Dunlop announced Sheri Thompson's promotion on July 20, 2020.

How has Sheri Thompson contributed to Walker & Dunlop since her return?

Since returning, Thompson has made significant impacts in the FHA Finance group and has been active in the company's Strategy and Administrative Committees.

What ranking did Walker & Dunlop achieve based on MAP volume?

Walker & Dunlop was ranked the #3 HUD lender based on MAP volume for the past two consecutive years.