Walker & Dunlop

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Walker & Dunlop, Inc.
TypePublic company
NYSE: WD
S&P 600 Index component
IndustryReal estate
Founded1937; 85 years ago (1937)
HeadquartersBethesda, Maryland
Area served
United States
Key people
Willy Walker (CEO & Chairman of the Board)
Howard Smith (President)
Steve Theobald (CFO)
Rich Lucas (General Counsel)
Paula Pryor ()
ProductsCapital Markets
Consulting
Valuation
Loan Servicing
RevenueIncrease $1.084 billion (2020)
Increase $0.246 billion (2020)
Total assetsIncrease $4.651 billion (2020)
Total equityIncrease $1.196 billion (2020)
Number of employees
900 (2020)
Websitewww.walkerdunlop.com
Footnotes / references
[1]

Walker & Dunlop, Inc. is a provider of financing services to owners of commercial real estate. It is based in Bethesda, Maryland and originates loans from 38 offices in the United States.[1]

The company was one of the first companies to obtain a Delegated Underwriting and Servicing (DUS) license from Fannie Mae when the program was established in 1988.[2] In 2020, Walker & Dunlop was the largest provider of capital to the multifamily industry in the U.S. and the fourth largest lender to the U.S. commercial real estate industry, based on the 2020 Mortgage Bankers Association loan origination rankings. [3]

History[]

In 1937, Oliver Walker and Laird Dunlop founded the company.[4]

In 2003, Willy Walker became chairman and chief executive officer of the company.[5][6]

In 2009, the company acquired commercial lender Column Guaranteed, a subsidiary of Credit Suisse.[7]

In 2010, the company became a public company via an initial public offering.[8]

In 2011, the company launched a bridge lending program.

in September 2012, the company acquired CWCapital for $234 million.[9][10]

In November 2014, the company acquired Johnson Capital's loan origination and servicing platform.[11][12]

In April 2015, the company acquired Engler Financial Group, investment advisory and brokerage firm focused on providing investment sales services to owners of multifamily properties.[13]

In March 2018, the company acquired JCR Capital Investment Corporation, a Registered Investment Adviser.[14]

In November 2018, the company acquired iCap Realty Advisors.[15]

In 2019, the company acquired Enodo, an artificial intelligence and technology firm.[16]

In January 2020, the company launched an appraisal joint venture with GeoPhy, Apprise by Walker & Dunlop.[17]

In February 2020, the company acquired AKS Partners, one of New York City’s premier, independent capital markets advisory firms. [18]

In March 2020, the company launched the Walker Webcast, a weekly webcast where CEO, Willy Walker, hosts a diverse network of leaders as they share wisdom that cuts across industry lines. [19]

In February 2021, the company acquired FourPoint Investment Sales Partners, a boutique brokerage firm specializing in student housing and conventional multifamily properties.[20]

In May 2021, announced the acquisition of industry-leading housing research and investment banking firm Zelman & Associates. [21]

References[]

  1. ^ a b "Walker & Dunlop, Inc. 2020 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  2. ^ GHIGLIOTTY, DAMIAN (October 29, 2013). "Willy Walker Keeps His Bets on Fannie and Freddie". Observer Media.
  3. ^ "MBA Releases 2020 Rankings of Commercial/Multifamily Mortgage Firms' Origination Volumes | Mortgage Bankers Association". www.mba.org. Retrieved 2021-05-11.
  4. ^ "OLIVER WALKER, REALTY FIRM FOUNDER, DIES". The Washington Post. February 4, 1990.
  5. ^ Banister, Jon (May 7, 2018). "Beyond The Bio: 16 Questions With Walker & Dunlop CEO Willy Walker". Bisnow Media.
  6. ^ Heath, Thomas (September 20, 2015). "Bethesda's banker to real estate: Willy Walker transforms financial firm". The Washington Post.
  7. ^ Plumb, Tierney (January 30, 2009). "Walker & Dunlop merges with Column Guaranteed". American City Business Journals.
  8. ^ "Walker & Dunlop prices IPO". American City Business Journals. December 15, 2010.
  9. ^ Douglas, Danielle (June 8, 2012). "Walker & Dunlop to acquire rival lender CWCapital". The Washington Post.
  10. ^ Echols, Tucker (September 5, 2012). "Walker & Dunlop closes CWCapital purchase for $234 million". American City Business Journals.
  11. ^ "Walker & Dunlop Completes Acquisition of Johnson Capital" (Press release). PR Newswire. November 3, 2014.
  12. ^ Clabaugh, Jeff (September 30, 2014). "Walker & Dunlop acquires Johnson Capital loan business". American City Business Journals.
  13. ^ "Biz Journals". www.bizjournals.com. Retrieved 2021-05-11.{{cite web}}: CS1 maint: url-status (link)
  14. ^ Gilgore, Sara (March 15, 2018). "Walker & Dunlop to acquire Denver-based investment adviser". American City Business Journals.
  15. ^ Maake, Katishi (November 2, 2018). "Walker & Dunlop acquires Atlanta-based mortgage banking firm, taking aim at $35B per year". American City Business Journals.
  16. ^ "Walker & Dunlop August 7, 2019" (PDF). August 7, 2019.
  17. ^ Dey, Nellie (February 5, 2020). "Walker & Dunlop Looks to Modernize the Multifamily Valuation Business with Apprise". .
  18. ^ "Walker & Dunlop Acquires Aaron Appel's AKS Capital Partners". The Real Deal New York. 2020-01-30. Retrieved 2021-05-11.
  19. ^ "Walker Webcasts - YouTube". www.youtube.com. Retrieved 2021-05-11.
  20. ^ "Walker & Dunlop expands investment sales team with acquisition of student housing team". REJournals. 2021-02-11. Retrieved 2021-05-11.
  21. ^ "Walker & Dunlop to Acquire IB Firm Zelman & Associates". ConnectCRE. 2021-05-06. Retrieved 2021-05-11.

External links[]

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