Walker & Dunlop Inc Stock Price, News & Analysis

Walker & Dunlop arranged $170 million in financing from PCCP, LLC for the redevelopment of 122 Fifth Avenue in Manhattan. This historic mixed-use property is undergoing extensive renovations, including modern office spaces and amenities designed for post-COVID work environments. The financing enables Bromley Companies to enhance the property with collaborative workspaces and significant tenant improvements. Walker & Dunlop aims to expand its capital markets business, targeting $65 billion in annual debt financing volume by 2025, reinforcing its position as a leading commercial real estate lender.

On November 29, 2021, Zelman & Associates announced the appointment of Graham Rives as Managing Director, enhancing its building products investment banking coverage. Rives, with over a decade of experience in M&A and capital markets, previously worked at Harris Williams and Deutsche Bank. CEO Ivy Zelman emphasized that Graham's expertise will bolster their investment banking platform, a key focus of Walker & Dunlop's Drive to '25 strategy.

Walker & Dunlop, the largest capital provider to the multifamily industry in the U.S., aims to enhance client value through more actionable insights.

Walker & Dunlop structured $15,000,000 in financing for a build-for-rent portfolio in Tyler, Texas, featuring three neighborhoods: Hamilton Park, Tully Trail, and Memory Village. Each of the 123 rental homes is fully occupied and offers modern amenities. The financing includes a non-recourse solution with a fixed rate in the low fours for 30 years, enhancing investment appeal. The portfolio's location benefits from strong economic growth, with employment growth over double the U.S. average. Walker & Dunlop's BFR & SFR Practice Group manages a robust pipeline of $1.9 billion in transaction volume.

Walker & Dunlop released its Fall 2021 Multifamily Outlook Report, detailing trends in the apartment market amid COVID-19. The report analyzes the U.S. economy, affordable housing, and the student housing sector, highlighting the return of students as a key factor in market activity. It also features insights from Ivy Zelman, CEO of Zelman & Associates, and discusses Denver's multifamily market boom. Additionally, Walker & Dunlop announced a new digital lending platform aimed at improving the lending experience for small balance multifamily properties.

Walker & Dunlop has announced a joint venture between Avanta Residential and Invesco Real Estate. Invesco acquired 75% of Avanta, a developer focusing on build-for-rent (BFR) properties, which will see over 5,000 homes developed across more than 20 neighborhoods. Walker & Dunlop's dedicated BFR team facilitated this transaction, providing advisory support throughout the agreement's terms and negotiation. This joint venture aligns with the growing demand for BFR communities, helping address demographic shifts seeking rental options with upscale amenities.

Walker & Dunlop announced the structuring of $160 million in financing for Sawyer Place, a Class A multifamily building in Yonkers, New York. The property comprises two towers with 438 rental units and retail space. The financing replaces the existing construction loan and was arranged through a partnership with RXR Realty and Mesa West Capital. This development has become a highly sought-after rental option, attracting interest from both local and NYC residents, as it offers modern amenities and a prime location.

On November 17, 2021, Apprise by Walker & Dunlop announced the expansion of its West Coast team with three new hires: Aaron DeCollibus, Nikolas Rieser, and Jared Nelson. The team aims to enhance the firm's commercial real estate appraisal capabilities, supporting Jacinto Munoz, the West Coast Lead. DeCollibus brings extensive experience as Managing Director for the Pacific Northwest, while Rieser and Nelson enhance regional expertise. Apprise leverages AI technology and analytics to deliver rapid, reliable property valuations across the U.S.

Fortress Technology Solutions, a Nashville-based real estate tech firm, has secured its first external investment from Walker & Dunlop, the largest capital provider in the U.S. multifamily market. This strategic partnership aims to accelerate Fortress’ mission of enhancing property management through innovative technology. By integrating its software with Walker & Dunlop’s lending solutions, Fortress will provide clients with real-time data and insights on property performance and debt management, improving operational efficiency and transparency.

Walker & Dunlop has launched a new digital lending platform utilizing machine learning, aimed at enhancing its small balance multifamily lending business. The platform promises a faster and more transparent borrowing experience for investors by automating loan sizing and pricing. Key features include automatic quote generation, real-time data calculations, and improved transparency throughout the loan process. The company aims to leverage this technology to expand its market share in the $80 billion small multifamily loan market.