Walker & Dunlop Expands Investment Sales Business Into Hospitality
Walker & Dunlop, Inc. has expanded its Investment Sales business into the Hospitality sector with the addition of Jonathan (Jay) Morrow as senior managing director. Morrow will lead the company's hospitality practice, focusing on origination and execution of hospitality investment sales and capital placement across the United States. This strategic move follows Walker & Dunlop's success in multifamily investment sales.
The hospitality investment sales market has shown resilience post-pandemic, with annual volume increasing from $12.8 billion in 2020 to $49 billion in 2022. Walker & Dunlop's expansion into hospitality aims to provide additional products and services to institutional investors who invest across various asset classes.
Morrow brings over 15 years of experience from Hodges Ward Elliott, where he completed over $20 billion in lodging transactions. Walker & Dunlop has already demonstrated expertise in the hospitality sector, with notable deals including the $754M Aman New York Hotel & Residences and the $325M Moxy and AC hotel Los Angeles.
Walker & Dunlop, Inc. ha espanso il suo business di vendita di investimenti nel settore dell'ospitalità con l'aggiunta di Jonathan (Jay) Morrow come direttore generale senior. Morrow guiderà la pratica di ospitalità dell'azienda, concentrandosi sull'origine e sull'esecuzione delle vendite di investimenti nell'ospitalità e sul collocamento di capitali in tutti gli Stati Uniti. Questa mossa strategica segue il successo di Walker & Dunlop nelle vendite di investimenti multifamiliari.
Il mercato delle vendite di investimenti nell'ospitalità ha dimostrato resilienza dopo la pandemia, con un volume annuale che è passato da 12,8 miliardi di dollari nel 2020 a 49 miliardi di dollari nel 2022. L'espansione di Walker & Dunlop nel settore dell'ospitalità mira a fornire ulteriori prodotti e servizi agli investitori istituzionali che investono in varie classi di asset.
Morrow porta con sé oltre 15 anni di esperienza proveniente da Hodges Ward Elliott, dove ha completato oltre 20 miliardi di dollari in transazioni alberghiere. Walker & Dunlop ha già dimostrato competenza nel settore dell'ospitalità, con affari notevoli come l'Aman New York Hotel & Residences da 754 milioni di dollari e l'hotel Moxy e AC di Los Angeles da 325 milioni di dollari.
Walker & Dunlop, Inc. ha expandido su negocio de ventas de inversión al sector hotelero con la incorporación de Jonathan (Jay) Morrow como director general senior. Morrow liderará la práctica de hospitalidad de la empresa, enfocándose en la originación y ejecución de ventas de inversión en hospitalidad y colocación de capital en los Estados Unidos. Este movimiento estratégico sigue al éxito de Walker & Dunlop en las ventas de inversión multifamiliares.
El mercado de ventas de inversión en hospitalidad ha mostrado resiliencia post-pandemia, con un volumen anual que aumentó de 12.8 mil millones de dólares en 2020 a 49 mil millones de dólares en 2022. La expansión de Walker & Dunlop en el sector hotelero busca ofrecer productos y servicios adicionales a inversores institucionales que invierten en varias clases de activos.
Morrow aporta más de 15 años de experiencia de Hodges Ward Elliott, donde completó más de 20 mil millones de dólares en transacciones de alojamiento. Walker & Dunlop ya ha demostrado experiencia en el sector hotelero, con operaciones notables que incluyen el Aman New York Hotel & Residences por 754 millones de dólares y el hotel Moxy y AC de Los Ángeles por 325 millones de dólares.
Walker & Dunlop, Inc.는 투자 판매 사업을 환대 분야로 확장했습니다 고위 관리 이사로 조나단(Jay) 모로우를 추가했습니다. 모로우는 미국 전역에서 환대 투자 판매 및 자본 배치의 창출 및 실행에 중점을 두고 회사의 환대 관행을 이끌게 됩니다. 이 전략적 결정은 Walker & Dunlop의 다가구 투자 판매 성공에 이어 이루어진 것입니다.
팬데믹 이후 환대 투자 판매 시장은 회복력을 보였으며, 연간 거래량은 2020년 128억 달러에서 2022년 490억 달러로 증가했습니다. Walker & Dunlop의 환대 분야로의 확장은 다양한 자산 클래스에 걸쳐 투자하는 기관 투자자에게 추가 제품과 서비스를 제공하는 것을 목표로 하고 있습니다.
모로우는 150억 달러 이상의 숙박 거래를 완료한 Hodges Ward Elliott에서 15년 이상의 경험을 가지고 있습니다. Walker & Dunlop은 7억 5400만 달러 규모의 Aman New York Hotel & Residences와 3억 2500만 달러 규모의 Moxy 및 AC 호텔 로스앤젤레스와 같은 주목할 만한 거래로 이미 환대 분야에서 전문성을 입증했습니다.
Walker & Dunlop, Inc. a élargi son activité de ventes d'investissement au secteur de l'hôtellerie avec l'ajout de Jonathan (Jay) Morrow en tant que directeur général senior. Morrow dirigera la pratique hôtelière de l'entreprise, en se concentrant sur l'origine et l'exécution des ventes de placements hôteliers et la mise en capital à travers les États-Unis. Ce mouvement stratégique fait suite au succès de Walker & Dunlop dans les ventes d'investissement multifamiliales.
Le marché des ventes d'investissement dans l'hôtellerie a montré une résilience après la pandémie, avec un volume annuel passant de 12,8 milliards de dollars en 2020 à 49 milliards de dollars en 2022. L'expansion de Walker & Dunlop dans l'hôtellerie vise à fournir des produits et services supplémentaires aux investisseurs institutionnels qui investissent à travers diverses classes d'actifs.
Morrow possède plus de 15 ans d'expérience chez Hodges Ward Elliott, où il a réalisé plus de 20 milliards de dollars de transactions dans le secteur hôtelier. Walker & Dunlop a déjà démontré son expertise dans le secteur de l'hôtellerie, avec des transactions notables comme l'Aman New York Hotel & Residences à 754 millions de dollars et le Moxy et AC Hôtel de Los Angeles à 325 millions de dollars.
Walker & Dunlop, Inc. hat seinen Investitionsverkaufsbereich auf den Gastgewerbesektor ausgeweitet und Jonathan (Jay) Morrow als Senior Managing Director hinzugefügt. Morrow wird die Gastgewerbe-Praxis des Unternehmens leiten und sich auf die Origination und Ausführung von Gastgewerbe-Investitionsverkäufen sowie die Kapitalplatzierung in den gesamten Vereinigten Staaten konzentrieren. Dieser strategische Schritt folgt auf den Erfolg von Walker & Dunlop im Bereich der multifamilären Investitionsverkäufe.
Der Markt für Gastgewerbe-Investitionsverkäufe hat sich nach der Pandemie als widerstandsfähig erwiesen, wobei das jährliche Volumen von 12,8 Milliarden USD im Jahr 2020 auf 49 Milliarden USD im Jahr 2022 gestiegen ist. Die Expansion von Walker & Dunlop in den Gastgewerbesektor zielt darauf ab, institutionellen Investoren, die in verschiedenen Vermögenswerten investieren, zusätzliche Produkte und Dienstleistungen anzubieten.
Morrow bringt über 15 Jahre Erfahrung von Hodges Ward Elliott mit, wo er über 20 Milliarden USD an Hoteltransaktionen abgeschlossen hat. Walker & Dunlop hat bereits Fachkenntnisse im Gastgewerbesektor unter Beweis gestellt, mit bemerkenswerten Geschäften wie dem Aman New York Hotel & Residences im Wert von 754 Millionen USD und dem Moxy und AC Hotel Los Angeles im Wert von 325 Millionen USD.
- Expansion into Hospitality Investment Sales, diversifying the company's portfolio
- Addition of experienced senior managing director Jay Morrow to lead the hospitality practice
- Hospitality investment sales market growth from $12.8B in 2020 to $49B in 2022
- Strong track record in hospitality sector deals, including $754M Aman New York Hotel & Residences
- None.
Insights
Walker & Dunlop's expansion into hospitality investment sales represents a strategic diversification of their business model. This move leverages their existing strengths in multifamily financing and investment sales to tap into the recovering hospitality market. The
The addition of Jay Morrow, with his
The hospitality sector's rebound presents a timely opportunity for Walker & Dunlop's expansion. Post-pandemic recovery in business and leisure travel has driven average daily rates in some markets above pre-pandemic levels, indicating a robust market. This move allows the company to offer a more comprehensive suite of services to institutional investors who typically diversify across asset classes.
The company's track record in multifamily sales (
Jay Morrow, Senior Managing Director (Photo: Business Wire)
“Multifamily has been the cornerstone of Walker & Dunlop's growth and competitive market position. But just like in our financing business, once we built a defendable market position in multifamily investment sales, we planned to move into other asset classes. Jay Morrow's deep knowledge of the hospitality industry, transaction track record, and leadership capabilities make him the perfect person to lead this expansion for our company," commented Walker & Dunlop Chairman and CEO Willy Walker.
The hospitality investment sales market has shown resilience post pandemic as annual volume for 2020 was
“Institutional investors in commercial real estate invest across numerous asset classes, and adding Jay and the team he will build to focus on the hospitality industry is another product and service that Walker & Dunlop will bring to our clients," said Kris Mikkelsen, executive vice president and head of Investment Sales at Walker & Dunlop. “Jay's industry experience and leadership are exactly what we need to launch this platform, and I'm extremely pleased to have him join us."
Morrow specializes in institutional-grade hotel and resort property transactions throughout
Walker & Dunlop has a breadth of capital markets experience within the hospitality sector across equity, debt capital, valuations, loan servicing and investment banking. Representative deals include:
-
Aman New York Hotel & Residences:
$754M -
SOHO Beach House Miami:
$140M -
The Moxy and AC hotel
Los Angeles :$325M -
The Lexington Hotel New York:
$155M
Learn more about the company’s hospitality practice expertise here.
Walker & Dunlop is a leader in multifamily property sales, having completed over
About Walker & Dunlop
Walker & Dunlop (NYSE: WD) is one of the largest commercial real estate finance and advisory services firms in
View source version on businesswire.com: https://www.businesswire.com/news/home/20241016406989/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
Phone 301.215.5500
7272 Wisconsin Avenue, Suite 1300
Source: Walker & Dunlop, Inc.
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