Walker & Dunlop Inc Stock Price, News & Analysis

Walker & Dunlop (WD) has successfully advised on an $86 million refinancing loan for the Caesars Republic Scottsdale, a Hilton Hotel. The newly constructed luxury hotel, which opened in March 2024, represents Caesars Entertainment's first non-gaming hotel in the U.S. The 11-story property features 265 guestrooms, including 5 penthouse suites and 28 luxury suites.

The hotel boasts premium amenities including three restaurants, two pools, and over 20,000 square feet of event space. Located adjacent to Scottsdale Fashion Square, the property provides access to over 200 upscale shops and restaurants. Walker & Dunlop's Capital Markets team sourced over $16 billion from non-Agency capital providers in 2024, while their Hospitality team completed more than 24 hospitality transactions worth nearly $1.4 billion.

Walker & Dunlop (WD) has arranged $121.5 million in financing for Ocean Gate, a luxury Class-A apartment community in Long Branch, New Jersey. The financing package includes $46.5 million in joint venture equity from RWN Real Estate Partners and Avenue Realty Capital, plus $75 million in debt from TPG Real Estate Credit.

The 170-unit property, completed in December 2023, is a purpose-built condominium currently operating as a rental community. Lincoln Equities Group plans to convert the units for sale. Ocean Gate features luxury one-, two-, and three-bedroom units with high-end finishes and resort-style amenities, including a 16,000 square-foot clubhouse, heated pool, and direct beach access.

Walker & Dunlop (WD) has arranged $87.2 million in acquisition financing for Santa Fe Ranch Apartments, a 320-unit garden-style multifamily property in La Costa, California. The interest-only, fixed-rate loan was provided by Freddie Mac for an institutional investment group.

Built in 1987, Santa Fe Ranch is the largest community in La Costa and third largest in Carlsbad, spanning 20 acres. The property features 1- and 2-bedroom units with amenities including a resort-style pool, spa, fitness center, and dog park. Its strategic location offers walkable access to schools, retail, and outdoor amenities, with proximity to major employment hubs in San Diego.

Walker & Dunlop has completed over $57 billion in property sales since 2021 and originated over $30 billion in debt financing volume in 2024, including $25 billion for multifamily properties.

Walker & Dunlop (WD) has strengthened its Investment Sales team in the Southeast U.S. by appointing John Carr as managing director in Atlanta, Georgia. Carr, previously at Cushman & Wakefield, brings significant experience with over 300 transactions totaling more than $5 billion in sales volume. He will focus on multifamily property sales throughout the Southeast region.

The appointment aligns with Walker & Dunlop's market segmentation strategy to provide specialized advisory services across the nation. The company has demonstrated strong performance in multifamily property sales, completing over $57 billion in property sales volume since 2021. In 2024, the firm originated over $30 billion in debt financing, including $25 billion for multifamily properties.

Western Alliance Bank (WAL) has announced the groundbreaking of Saddleback Village at Stonegate, a 215-unit affordable housing development in Maricopa, Arizona. The bank provided a $54.8 million tax-exempt construction loan for the project. Walker & Dunlop arranged $45.7 million in permanent debt and $41.5 million in Low-Income Housing Tax Credit (LIHTC) equity.

The development, by Dominium, will feature two-, three- and four-bedroom family rental homes across 123 buildings. All units will be rent- and income-restricted for households earning at or below 60% of Pinal County's Area Median Income (AMI), offering single-family home-style living at affordable rates.

Walker & Dunlop (WD) has strengthened its private client space by hiring three experienced originators: Tim Thompson and Kyle Jemtrud as managing directors, and Wilson Molitor as director. Both Thompson and Jemtrud bring over 20 years of industry experience and will focus on growing market share in small to middle markets across the Southeast, West, and Central United States.

Thompson, based in Austin, will handle small balance, conventional, and affordable multifamily financing through various platforms across the Southcentral and Western US. Jemtrud, operating from Minneapolis and Fort Lauderdale, will focus on small balance and conventional multifamily properties across the Midwest and Southeast. Both previously held managing director positions at Greystone. Walker & Dunlop has processed over $3.2 billion in small multifamily loans between 2020 and 2024.

Walker & Dunlop (WD) has arranged $22.6 million in equity financing for Parkside 5, the final phase of the Parkside at Old Town development in Chicago's Near North Side. The project, developed by Holsten Real Estate Development Corporation, will create a 99-unit mixed-income community on the former Cabrini-Green public housing site.

The development includes both market-rate and affordable units, with 37 units secured under a 20-year Section 8 HAP contract for households earning 50% and 60% of AMI or less. JP Morgan provided both the tax credit equity and construction loan. The project features three 3-story walk-ups and an 8-story mid-rise building, offering amenities such as a community room, fitness center, playground, dog park, and onsite social services.

Walker & Dunlop (WD) has launched WDSuite, a new digital platform designed to streamline commercial real estate investment decisions. The free platform offers comprehensive tools for screening investments, analyzing market profiles, and managing risk. WDSuite's key features include:

The platform integrates a unique multifamily automated valuation model (AVM) with an impressive median absolute percentage error rate below 6%. Users can access hyperlocal market ratings, tenant credit profiles, and demographic insights. The system utilizes machine learning and proprietary clustering algorithms to group similar census areas, providing precise neighborhood analysis including demographics, housing, employment, amenities, and schools data.

This launch represents Walker & Dunlop's strategic investment in technology to enhance client engagement and modernize CRE investment decision-making.

Walker & Dunlop (NYSE: WD) reported mixed Q1 2025 financial results with total transaction volume reaching $7.0 billion, up 10% year-over-year, and total revenues of $237.4 million, up 4%. However, net income declined 77% to $2.8 million, with diluted EPS of $0.08. The company's servicing portfolio grew to $135.6 billion, up 3% from the previous year. Notable performance includes a 67% increase in Fannie Mae volumes and a 58% rise in property sales volume. The company maintained its quarterly dividend at $0.67 per share. Increased expenses, including higher personnel costs, debt issuance costs write-offs, and credit loss provisions, significantly impacted profitability. The company's credit metrics showed eight at-risk loans in default with an unpaid principal balance of $108.5 million, up from six loans totaling $63.3 million in Q1 2024.