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 (WD) has scheduled its first quarter 2025 earnings conference call for May 1, 2025, at 8:30 a.m. Eastern time. The company will release its Q1 2025 financial results before the market opens on the same day.
Investors and interested parties can participate by dialing (888) 394-8218 from within the United States or (773) 305-6853 from outside the US, using Confirmation Code: 3709282. A simultaneous webcast will be available, and a replay can be accessed through the company's Investor Relations website.
Walker & Dunlop has secured a $237.5 million refinancing package for Edge-on-Hudson, a 70-acre mixed-use development in Sleepy Hollow, New York. The financing covers both the master development and The Daymark, a 5-story luxury condominium within the project.
The development, located 25 miles north of Manhattan, will feature:
- 1,177 residential units (townhomes, condominiums, and apartments)
- 135,000 sq ft of retail space
- 35,000 sq ft of office space
- A 140-room boutique hotel
- 16+ acres of parkland
The Daymark component includes 100 luxury residences across 175,735 square feet, with over 70% of units already under contract. First move-ins are expected in September 2025. The development features sustainable design, walkable communities, and transit-oriented amenities with easy access to Manhattan via Metro-North stations.
Walker & Dunlop (WD) has strengthened its digital infrastructure capabilities by appointing Andrew Kaskel as senior managing director to lead its Digital Infrastructure Advisory Services Group in New York. Kaskel, who brings experience from over 50 data center financings worth more than $15 billion in total transaction value, will collaborate with WD's Institutional Capital Markets team nationwide.
Previously serving as managing director at DH Capital (later acquired by Citizens Bank), Kaskel's appointment comes at a strategic time as data center ownership diversifies beyond traditional hyperscaler cash and bank financing. His role will focus on financing the development and ownership of data centers and other digital infrastructure projects.
Walker & Dunlop (WD) has successfully arranged a $168 million refinancing loan for Park Sierra, a 776-unit Class B garden-style apartment complex in Santa Clarita, California. The financing was secured through Fannie Mae for G.H. Palmer Associates.
The property, originally developed in 1987, comprises 97 one-bedroom and 679 two-bedroom apartments, with 97% of units qualifying as 'Mission-Driven' affordable housing. Approximately 40% of the units have undergone rehabilitation, with additional capital improvements planned. The community features amenities including five pools and spas, a fitness center, and picnic areas.
Walker & Dunlop's 2024 performance includes over $30 billion in debt financing volume, with more than $25 billion dedicated to multifamily properties.
Walker & Dunlop has successfully arranged a $168 million refinancing loan for Park Sierra, a 776-unit garden-style apartment complex in Santa Clarita, California. The Class B property, originally developed in 1987 by G.H. Palmer Associates, consists of 97 one-bedroom and 679 two-bedroom apartments.
The financing was secured through Freddie Mac and arranged by Walker & Dunlop's California Multifamily Finance team, led by Trevor Fase. Notably, 97% of the units at Park Sierra qualify as 'Mission-Driven,' supporting affordable housing initiatives in the market. Approximately 40% of the units have already been rehabilitated, with additional capital improvements planned.
The community features five pools and spas, a fitness center, and picnic and play areas. In 2024, Walker & Dunlop originated over $30 billion in debt financing volume, including more than $25 billion for multifamily properties.
Walker & Dunlop (WD) has been recognized as CoStar's Top Sales Firm in 16 markets across the United States in the 2024 Power Broker Awards. The recognition spans major metropolitan areas including Atlanta, Austin, Boston, Denver, Chicago, and Washington, D.C. Additionally, 34 brokers from the firm received individual recognition as Top Sales Brokers in their regions.
The company has demonstrated significant performance in property sales, completing over $57 billion in property sales volume since 2021. In 2024, WD originated over $30 billion in debt financing volume, including more than $25 billion for multifamily properties, reinforcing its position as a leading provider of capital to the U.S. multifamily market.
Walker & Dunlop (WD) has secured a $253 million construction loan for the development of Pendry Nashville and Pendry Residences Nashville, a 30-story hotel condominium tower in Nashville's Paseo South Gulch district. The project represents Phase 3 of SomeraRoad's master-planned micro-neighborhood.
The development will feature 180 hotel keys and 146 Pendry-branded luxury condominiums. Amenities will include upscale food and beverage outlets, curated event spaces, and separate pools for hotel guests and residents. The project is set to break ground immediately with completion scheduled for 2027.
The financing was arranged by WD's New York Capital Markets team on behalf of SomeraRoad and Trestle Studio, with Bank OZK and InterVest Capital Partners providing the financing package. In 2024, WD's Capital Markets team sourced over $16 billion from non-Agency capital providers.
Walker & Dunlop (WD) has successfully orchestrated a $420 million recapitalization of Hub, a premium 750-unit high-rise multifamily building in downtown Brooklyn. The transaction enabled Steiner NYC to acquire full ownership by buying out their equity partner, J.P. Morgan Asset Management.
The deal structure included $62.5 million of preferred equity from Meadow Partners. Hub, completed in 2018, stands 55 stories tall and was Brooklyn's tallest building at completion. Located at 333 Schermerhorn Street, the property offers studio, one-, and two-bedroom rentals with access to 12 subway lines within a 2-block radius.
The transaction was completed rapidly, taking only two months from contract signing to closing. This deal follows WD's previous involvement in arranging the construction financing, JPMAM's equity investment, and institutional permanent financing in 2019.
Walker & Dunlop has expanded its Investment Sales team by appointing Christopher Westcott as managing director in Phoenix, Arizona. This strategic hire is part of the company's expansion in the mountain and Western U.S. regions. Westcott brings over 25 years of multifamily expertise and has been involved in transactions worth more than $2.5 billion, covering 16,000 units.
The company has shown strong performance in Western markets, with a combined transaction volume of $20.29 billion across Denver, Southern California, and Phoenix over the past three years. Walker & Dunlop has completed over $57 billion in property sales volume since 2021 and originated over $30 billion in debt financing volume in 2024, including $25 billion for multifamily properties.
Walker & Dunlop has arranged a $176 million credit facility for seven single-family rental communities in the Atlanta, Georgia MSA. The portfolio encompasses 709 homes with 1.4 million rentable square feet across prime suburban locations including McDonough, Loganville, Cartersville, Hoschton, Dallas, and Jefferson.
The properties, situated within 30-55 miles from Atlanta's central business district, feature 3-, 4-, and 5-bedroom homes with premium amenities. The financing was secured through Brookfield Asset Management's Real Estate Credit group on behalf of institutional investors advised by J.P. Morgan Asset Management.
The deal highlights the growing demand for single-family rental properties in Atlanta's suburbs, driven by population growth, job creation, and a robust local economy. Walker & Dunlop's Capital Markets group has demonstrated significant activity, sourcing over $16 billion in non-Agency capital provider transactions in 2024.