Walker & Dunlop Inc Stock Price, News & Analysis

Walker & Dunlop, in partnership with GeoPhy, announced the expansion of its appraisal business, Apprise, into the Financial Reporting sector, led by Adriane Bookwalter, CPA. This new group will provide real estate valuations for financial reporting, including fair value measurement and impairment analysis, leveraging 20 years of data on over 2.5 million units. The U.S. commercial real estate market is valued at an estimated $16 trillion, positioning Apprise to serve a broader client base. The company's appraisals have accounted for over $70 billion worth of properties annually.

Walker & Dunlop arranged $87,429,870 in Fannie Mae financing for The PRC Group, enhancing affordable housing in New Jersey. The portfolio includes Brighton Arms Apartments, Grandville Towers, and Tree Haven Apartments, totaling 792 units, with over 85% classified as mission-driven. This marks a significant achievement, as the company has facilitated over $125 million in financing for PRC in 2020. The financing structure offers four years of interest-only payments under a 12-year term, allowing for flexibility amid challenging market conditions.

Walker & Dunlop and GeoPhy have announced that their multifamily appraisal business, Apprise, has appointed Donald Lee as Senior Director for its New York City team. Joining him are Roman Rubinchik as Director and Nora Derian as Associate. With nearly 20 years of experience, Lee will enhance Apprise's operations in New York, a major multifamily market. Apprise specializes in compliant multifamily appraisals, leveraging advanced data analytics. Since January 2020, the team has quadrupled and completed appraisals worth over $70 billion per year, covering more than 470,000 units.

Walker & Dunlop announced the hiring of TJ Edwards as Managing Director in Bethesda, Maryland. With extensive experience in multifamily finance, Edwards aims to enhance origination efficiency and client relations. Previously, he managed $6.8 billion in loan purchases at Freddie Mac, where he also championed diversity initiatives. Edwards' leadership is expected to drive growth in debt financing and assets under management. Walker & Dunlop is a leading commercial real estate finance company, known for its commitment to client satisfaction and fast growth.

Walker & Dunlop, Inc. announced the rebranding of JCR Capital Investment Corporation as Walker & Dunlop Investment Partners, Inc. (WDIP) following its acquisition two years ago. Sam Isaacson has been promoted to President of WDIP, overseeing daily operations. The change aims to enhance investment management and integrate JCR's operations into Walker & Dunlop, which aspires to build an $8-10 billion investment management business. Key figures, Jay Rollins and Maren Steinberg, remain involved in strategic guidance and managing current funds. WDIP focuses on middle-market real estate investment opportunities.

Walker & Dunlop has announced the hiring of Josh Ward as Senior Director for their multifamily appraisal business, Apprise, which is a joint venture with GeoPhy. Based in Charlotte, North Carolina, Ward brings over 20 years of experience in commercial real estate valuation. His expertise will enhance Apprise's ability to deliver data-driven, efficient multifamily appraisals across the Carolinas and the greater Southeast. Apprise has quadrupled its team size since January 2020, handling over $70 billion in appraisals annually.

Walker & Dunlop, in partnership with GeoPhy, expands its multifamily appraisal business, Apprise, by hiring Senior Directors John Wu and Anthony Fontanazza. Wu, based in Chicago, specializes in affordable housing with over 13 years of experience, while Fontanazza focuses on multifamily assets in South Florida. Apprise aims to enhance its service offerings across the U.S., leveraging advanced data analytics for efficient valuations. The team has grown significantly and appraised over $70 billion in commercial real estate annually, targeting nationwide coverage by year-end.

Walker & Dunlop announced the financing of the McCall Warehouse Portfolio, a 143,060 square foot multi-tenant industrial warehouse in Austin, Texas. The financing was secured through LaSalle Investment Management, facilitated by Senior Director Harvey Pava. All five tenants have extended their leases for five more years. Despite market volatility due to COVID-19, favorable debt terms were achieved. The warehouse benefits from a high-demand location near the Tesla Gigafactory, and Walker & Dunlop's strong industrial finance network completed $914 million in transactions for 2019.