Walker & Dunlop Inc Stock Price, News & Analysis

Walker & Dunlop (NYSE:WD) has successfully arranged $1.07 billion in financing through multiple transactions in 2025 to refinance nine multifamily properties. The portfolio, owned by Douglas Emmett, comprises 3,099 units across California and Hawaii.

The refinancing was executed through the Fannie Mae DUS® program, led by Walker & Dunlop's Multifamily Finance team under Allan Edelson. This deal marks a continuation of a decade-long partnership between Walker & Dunlop and Douglas Emmett, during which they have completed over $1 billion in high-quality transactions.

Walker & Dunlop (NYSE:WD) has successfully originated $68.3 million in HUD 232/223(f) loans to refinance seven skilled nursing facilities in Illinois and Wisconsin. The refinancing, led by the company's FHA Finance team, replaces existing short-term, variable-rate debt with long-term, fixed-rate, non-recourse financing.

The portfolio comprises 380 units across seven properties, positioned in a market characterized by strong demand from an aging population and limited new supply. The company anticipates continued rent growth in supply-constrained markets and stable pricing with modest cap rate compression for core assets through 2026.

Walker & Dunlop (NYSE:WD) has successfully arranged a $160 million construction loan for Cotino™, a Storyliving by Disney™ Community in California's Coachella Valley. The financing includes a $27 million re-advance component, bringing total proceeds to $187 million.

The master-planned community in Rancho Mirage will feature approximately 1,900 residential units, a 24-acre lagoon with Crystal Lagoons® technology, a voluntary private club, and a town center. The financing was provided by Intervest Capital Partners and Builders Capital, with Walker & Dunlop Capital Markets team serving as exclusive advisors to EC Rancho Mirage Holdings Limited Partnership.

Walker & Dunlop (NYSE: WD) reported strong Q2 2025 financial results, with total transaction volume reaching $14.0 billion, up 65% year-over-year. The company achieved total revenues of $319.2 million, an 18% increase, and net income of $34.0 million, up 50% from Q2'24.

Key highlights include a diluted EPS of $0.99 (48% increase), though Adjusted EBITDA declined 5% to $76.8 million. The servicing portfolio grew to $137.3 billion, a 3% increase from June 30, 2024. The company's GSE market share improved to 11.4% from 10.3% in 2024, with particularly strong performance in Fannie Mae lending, which saw a 106% increase in volume.

The Board declared a dividend of $0.67 per share for Q3 2025. Credit quality remains strong, though defaulted loans increased to $108.5 million from $48.6 million year-over-year.

Walker & Dunlop (NYSE:WD) has successfully arranged a $105 million refinancing for 805 Lea, a luxury mixed-use high-rise property in Nashville, Tennessee. The financing, provided by Nuveen, includes a three-year term with two optional 12-month extensions.

The property, built in 2021, features 356 apartment units and 10,203 square feet of ground-floor retail space. Located between the Gulch and SoBro neighborhoods, 805 Lea offers premium amenities including a 29th-floor sky lounge, saltwater pool, and 24-hour concierge service. The property's strategic location provides access to over 10,000 jobs within walking distance.

Walker & Dunlop's strong market position is evidenced by their $30 billion debt financing volume in 2024, including $25 billion for multifamily properties.

Walker & Dunlop (NYSE:WD) has scheduled its second quarter 2025 earnings conference call for August 7, 2025, at 8:30 a.m. Eastern time. The company will release its Q2 2025 financial results before the market opens on the same day.

Investors can participate by dialing (888) 394-8218 within the US or (773) 305-6853 internationally, using confirmation code 1660785. A simultaneous webcast will be available, and a replay will be accessible through the company's Investor Relations website.

Walker & Dunlop (NYSE:WD) has successfully arranged a $91.45 million refinancing loan for Blue Rock Village, a 560-unit Class-B multifamily property in Vallejo, California. The company secured a 10-year, full-term interest-only loan at a fixed rate from Freddie Mac on behalf of Prime Residential.

Blue Rock Village spans 35.69 acres with 41 buildings, including 38 residential structures, and offers amenities such as swimming pools, spa, dog parks, and fitness center. The property's strategic location provides easy access to Blue Rock Springs Golf Course, Kaiser Permanente, and San Francisco's cultural and entertainment venues.

In 2024, Walker & Dunlop originated over $30 billion in debt financing volume, with more than $25 billion dedicated to multifamily properties.

Walker & Dunlop (NYSE:WD) has successfully closed Fund 124, a $240 million Multi-Investor Low-Income Housing Tax Credit (LIHTC) Investment Fund, marking their largest LIHTC fund to date. The fund will support the development of 18 properties across ten states, creating 1,701 affordable housing units.

The fund demonstrates strong developer relationships with 62% repeat client partnerships and maintains a 32% weighted average hard debt leverage ratio. Notably, 44% of units will be subsidized with project-based Section 8 contracts. The development is expected to create 4,542 jobs and generate an $898 million economic impact.

This achievement follows the previous Fund 119, which closed with $167 million in commitments. Walker & Dunlop, ranked as the #2 multifamily finance lender in the US, has originated over $6.3 billion in affordable and workforce financing from 2021-2024 and has raised over $10 billion in LIHTC equity to date.

Walker & Dunlop (NYSE:WD) has secured a $170 million refinancing deal for Post District, a Class A mixed-use complex in Downtown Salt Lake City, Utah. The property, which opened in December 2023, features 580 residential units and approximately 26,000 square feet of retail space.

The development, an opportunity zone project by Bridge Investment Group, Blaser Ventures, and Lowe Property Group, includes five buildings offering various layouts from micro-studios to three-bedroom penthouses. The property boasts extensive amenities including an 8,000-square-foot gym, resort-style pool, and 498 parking spaces.

The financing was provided by Fannie Mae through their near-stabilization program, with Walker & Dunlop's New York Capital Markets team serving as the exclusive advisor. Notably, this follows a previous $157.5 million refinancing arrangement for the same property in November 2023. Walker & Dunlop originated over $30 billion in debt financing volume in 2024, including $25 billion for multifamily properties.