Walker & Dunlop Expands Multifamily Property Sales Team to Columbus

Rhea-AI Summary

Walker & Dunlop has expanded its multifamily property sales team by hiring Andrew DiBlasi in Columbus, Ohio. This move enhances their national property sales platform, focusing on Central Ohio. DiBlasi brings extensive experience and client relationships from his previous role at DRK & Company, where he oversaw over $100 million in annual transactions. Walker & Dunlop continues to grow its footprint, having doubled its property sales team since 2018, with new offices in key cities across the U.S.

Positive

• Appointment of Andrew DiBlasi enhances property sales capabilities.
• Expansion into Columbus opens new market opportunities.
• Walker & Dunlop's property sales team has doubled since 2018.

Negative

• None.

BETHESDA, Md., Nov. 9, 2020 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it has hired a property sales team in Columbus, Ohio, adding a new market to its national property sales platform. Managing Director Andrew (Andy) DiBlasi will be focused on the origination and execution of multifamily property sales, with a focus in Central Ohio and the greater Ohio area.

Kris Mikkelsen, Walker & Dunlop Investment Sales (WDIS) Executive Vice President, commented, "We are thrilled to welcome Andy to the WDIS team. Columbus is a fundamental addition to our program as we continue building out our property sales platform to partner with our debt financing capabilities. Andy's expertise and extensive client relationships in the area will deepen our capabilities in the Midwest and will be an important contributor to our growth over the next several years."

Mr. DiBlasi added, "I have been following WDIS's impressive platform growth throughout the U.S. for years, so I am excited to join the team. Walker & Dunlop already has an extremely strong debt financing presence in Columbus and throughout Ohio; I see this as an outstanding opportunity to build upon my existing client connections and to maximize the strong relationships Walker & Dunlop already has on the loan origination side. The long-term macro-level fundamentals continue to look very promising in Ohio; I look forward to building our presence and aggressively growing our market share here and in neighboring Midwest markets."

Prior to joining Walker & Dunlop, Mr. DiBlasi was Vice President of Investment Sales and Marketing at DRK & Company, where he oversaw DRK's Investment Sales Brokerage team, brokering over $100 million in transactions annually since 2010. Mr. DiBlasi also oversaw the site selection and land acquisition processes for DRK, as well as the sales efforts for the company's condominium and home development affiliate.

Walker & Dunlop is a leader in the multifamily property sales space and continues to expand its capabilities and reach across the United States. The company has more than doubled the size of its property sales team since the end of 2018, and has added new offices in Austin, Chicago, Los Angeles, the New York Metropolitan area, Philadelphia, Portland, and San Diego. Walker & Dunlop is focused on growing this platform to complement its national mortgage banking footprint. To learn more about our property sales 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 900+ professionals in 40 offices across the nation have an unyielding commitment to client satisfaction.

 

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SOURCE Walker & Dunlop, Inc.

FAQ

What recent expansion did Walker & Dunlop announce in November 2020?

Walker & Dunlop announced the hiring of Andrew DiBlasi to lead a new property sales team in Columbus, Ohio.

Who is Andrew DiBlasi in relation to Walker & Dunlop?

Andrew DiBlasi is the new Managing Director for multifamily property sales at Walker & Dunlop in Columbus, Ohio.

What is the significance of the Columbus market for Walker & Dunlop?

The Columbus market is important for Walker & Dunlop as it complements their existing debt financing presence and enhances their property sales platform.

How has Walker & Dunlop's property sales team changed since 2018?

Walker & Dunlop's property sales team has more than doubled in size since the end of 2018.

What were Andrew DiBlasi's accomplishments before joining Walker & Dunlop?

Before joining Walker & Dunlop, Andrew DiBlasi oversaw over $100 million in annual transactions as Vice President of Investment Sales and Marketing at DRK & Company.