Welcome to our dedicated page for Walker & Dunlop news (Ticker: WD), a resource for investors and traders seeking the latest updates and insights on Walker & Dunlop stock.
Walker & Dunlop, Inc. reports developments in commercial real estate finance and advisory services, with recurring updates on mortgage banking volume, revenues, servicing fees, and the performance of its Capital Markets and Servicing & Asset Management activities. The company originates, sells, and services multifamily and other commercial real estate financing products, including Agency executions tied to Fannie Mae, Freddie Mac, Ginnie Mae, HUD and the Federal Housing Administration.
Company news also covers arranged debt and equity capital for multifamily, affordable housing, hospitality, self-storage and other commercial real estate assets. Updates frequently describe refinancing, construction financing, institutional advisory mandates, LIHTC affordable equity capabilities, servicing portfolio growth, credit exposure from indemnified or repurchased loans, and management commentary on capital markets conditions.
Walker & Dunlop (NYSE:WD) is expanding its Capital Markets Institutional Advisory presence in South Florida by relocating Michael Stepniewski to Miami to advise on financing across all asset classes with local expertise and the firm’s national platform. The team has completed more than 75 financings in South Florida and in 2024 sourced over $16 billion from non-Agency capital providers. The expansion aims to provide an integrated advisory platform for debt, equity, and investment sales to serve growing investor demand in the Miami market.
Walker & Dunlop (NYSE:WD) and Pretium launched a $250 million joint venture, Walker & Dunlop Affordable Bridge Capital, to provide flexible, short-term first-mortgage bridge loans for affordable multifamily housing.
The platform offers interest-only bridge loans sized $10–75 million with terms of 6–36 months, designed to support acquisitions, refinances, or preparation for long-term Agency and HUD affordable programs such as LIHTC and Section 8.
The JV aims to deploy capital rapidly in competitive markets and provide reliable permanent takeout through government programs to expand affordable housing financing capacity.
Walker & Dunlop (WD) arranged a $112.5 million leasehold bridge refinance for Ace Hotel Brooklyn, a 13-story, 287-room full-service hotel at 252 Schermerhorn Street.
Proceeds will retire existing senior debt and preferred equity and pay closing and financing costs; Torchlight Investors provided the loan. The hotel sits at Fort Greene/Boerum Hill/Downtown Brooklyn with six subway lines to Midtown Manhattan in ~30 minutes and nearby venues like Barclays Center. Walker & Dunlop cited >64 million visitors expected in 2025 and sourced >$16 billion from non-Agency capital providers in 2024.
Walker & Dunlop (NYSE:WD) arranged the sale and financing of 929 MASS, a mixed-use Cambridge, MA asset in Central Square. The transaction closed with a $53.6 million sale to an institutional buyer and concurrent acquisition financing of a $37.1 million fixed-rate, interest-only Fannie Mae loan for John M Corcoran & Company (JMC).
929 MASS comprises an 18-story tower with 96 units, 12,451 sq ft of commercial space, 71 garage and 40 surface parking spaces, plus a contiguous 5-story building with 31 units. JMC partnered with Stars REI for property and asset management and planned property upgrades.
Walker & Dunlop (NYSE:WD) arranged a $778.6 million construction loan and advised on an $88.4 million C-PACE extension, creating a $867 million total financing package for the office-to-residential conversion of 111 Wall Street in Lower Manhattan on December 22, 2025.
The project converts a fully vacant 24-story office into a 30-story residential building with a five-story overbuild, ~1,568 rental units across ~899,000 rentable square feet, >100,000 square feet of amenities, and 25% of units set as affordable at ~80% AMI. Lenders include Apollo Global Management, J.P. Morgan Chase, and TYKO Capital.
Walker & Dunlop (NYSE:WD) arranged a $163,427,059 permanent, fixed-rate, interest-only loan to refinance 122 Fifth Avenue, a 278,000 sq ft Class A mixed-use office and retail property in Manhattan’s Flatiron District on Dec 16, 2025. The financing was placed with Helaba Bank and Deka-Bank and was arranged for owner/developer Bromley Companies. The building completed a $107 million capital improvement program, holds WiredScore Gold and LEED certifications, and is anchored by long-term leases with Microsoft and Chime. Walker & Dunlop’s Capital Markets team sourced over $16 billion from non-Agency providers in 2024, underscoring its market role in large commercial financings.
Walker & Dunlop (NYSE:WD) released its 2025 annual affordable housing survey conducted at AHF Live showing strong optimism for 2026.
The survey of 115 industry executives found 90% expect investment appetite to rise (vs 70% last year), and 65% reported investment increases in the past year (vs 52% last year). Views on HUD were modestly positive: 59% called HUD effective or very effective. 70% said economic policies like tariffs hurt development. On tax changes under OBBBA, respondents forecasted impacts: 29% expect 0–5% growth, 33% 6–10%, and 25% 11%+ over five years.
Sample size: 115 respondents.
Walker & Dunlop arranged a >$250 million structured financing package to develop 22 Fulton, a 396-unit mixed-income, 21-story multifamily project in Newark, NJ, within a Qualified Opportunity Zone.
Key finance components: nearly $119M from the Urban Investment Group at Goldman Sachs Alternatives (construction loan, 4% LIHTC equity and LIHTC bridge), $20M preferred equity, and a $100M forward commitment for a permanent loan. The project uses $90M NJ ASPIRE tax credits (purchased by MassMutual with interim financing from Bear Creek Capital) and a 30-year Newark PILOT. Construction starts in coming months with projected completion by end of 2028.
Walker & Dunlop (NYSE:WD) arranged a $285,000,000 bridge loan to an affiliate of Madison Realty Capital to refinance Greenpoint Central, a newly built, 473-unit Class-A multifamily property in Greenpoint, Brooklyn, announced December 8, 2025.
The property is 70% market-rate and 30% affordable under the Affordable New York 421(a) Option C and Inclusionary Housing programs, and includes 19,589 square feet of retail. The loan was placed with TPG Real Estate Credit and was arranged by Walker & Dunlop Capital Markets Institutional Advisory.
Walker & Dunlop (NYSE:WD) arranged $153.3 million in loan proceeds to refinance three garden-style multifamily properties developed by Hathaway Development: Exchange at Juban (Denham Springs, LA), Exchange at Blair Stone (Tallahassee, FL), and Exchange at Indian Trail (Indian Trail, NC).
The Capital Markets team placed floating-rate bridge loans through lender ACRES to refinance construction debt and redeem outstanding preferred equity, supporting a balanced capital structure. The three properties total 876 luxury units and were completed between 2024 and January 2025.