Walker & Dunlop

Walker & Dunlop Arranges Refinancing of New York City Landmark, Casa Cipriani

Retrieved on: 
Thursday, February 29, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240228832910/en/
    The Walker & Dunlop New York Capital Markets team, led by Aaron Appel , Keith Kurland , Jonathan Schwartz , Adam Schwartz , and Sean Bastian, served as exclusive advisors to clients Cipriani, Midtown Equities, and Centaur Properties.
  • Originally known as the Battery Maritime Building and constructed in 1909 to serve ferries traveling to Brooklyn, Casa Cipriani is a one-of-a-kind, highly visible New York City landmark featuring irreplaceable historical detail.
  • Its unparalleled location, combination of luxury event, dining, hospitality, and social spaces, and iconic architecture, have made it a leading New York City attraction since opening.
  • "Casa Cipriani is a truly irreplaceable asset that has quickly solidified itself as one of the premier hospitality and event destinations within New York City," said Aaron Appel, senior managing director and co-head of New York Capital Markets at Walker & Dunlop.

Walker & Dunlop’s New Website Spotlights Its Expanded Platform And User Experience

Retrieved on: 
Monday, March 4, 2024

Walker & Dunlop, Inc. launched its new website, www.walkerdunlop.com today to feature its growth and expanded offerings, showcasing the company’s breadth and depth.

Key Points: 
  • Walker & Dunlop, Inc. launched its new website, www.walkerdunlop.com today to feature its growth and expanded offerings, showcasing the company’s breadth and depth.
  • The new site touts an enhanced digital user experience with a modernized design, intuitive navigation and improved functionality.
  • The expanded, innovative brand platform makes W&D one of the largest commercial real estate finance and advisory services firms in the United States.
  • “Our website marks a new digital chapter for the company that aligns seamlessly with our identity and technological advancements.”

Walker & Dunlop Expands Midwest Investment Sales Team

Retrieved on: 
Thursday, February 15, 2024

Walker & Dunlop, Inc. recently welcomed three CBRE veterans – Managing Directors, Steve LaMotte Jr. and Dane Wilson , as well as Associate Director Ross Wettersten to its Midwest Investment Sales team led by Todd Stofflet .

Key Points: 
  • Walker & Dunlop, Inc. recently welcomed three CBRE veterans – Managing Directors, Steve LaMotte Jr. and Dane Wilson , as well as Associate Director Ross Wettersten to its Midwest Investment Sales team led by Todd Stofflet .
  • "In today's dynamic market landscape, clients seek honest strategic advice, meticulous investment analysis, and flawless transaction management within a sales team," said Kris Mikkelsen , executive vice president of Investment Sales.
  • "With their combined wealth of expertise and unparalleled customer service, this team is positioned to serve as the ideal partner to help Walker & Dunlop clients realize their investment sales goals.”
    The new team builds on the market expertise in the Midwest.
  • Todd Stofflet, managing director and leader of the Midwest Investment Sales team, expressed his enthusiasm in welcoming Steve, Dane, and Ross to the team.

Walker & Dunlop Funds $380M for Student Housing Credit Facility

Retrieved on: 
Wednesday, February 7, 2024

The Scion Group is the largest owner/operator of off-campus student housing communities globally, with over 80,000 beds in its portfolio.

Key Points: 
  • The Scion Group is the largest owner/operator of off-campus student housing communities globally, with over 80,000 beds in its portfolio.
  • This latest financing marks a significant milestone as Walker & Dunlop has now originated over $3 billion in debt for Scion.
  • The new facility allowed the borrower to eliminate all floating rate exposure in their original credit facility while refinancing several maturing one-off loans.
  • Walker & Dunlop is a leader in student housing financing and sales.

Impact Podcast with John Shegerian Announces February Guest Lineup of ESG All-Stars

Retrieved on: 
Tuesday, February 6, 2024

Impact Podcast with John Shegerian has announced its roster of guests for February, featuring a who’s who of ESG, sustainability and corporate responsibility all-stars from many of the world’s leading brands.

Key Points: 
  • Impact Podcast with John Shegerian has announced its roster of guests for February, featuring a who’s who of ESG, sustainability and corporate responsibility all-stars from many of the world’s leading brands.
  • The Webby Award honored show is hosted by John Shegerian, Co-Founder, Chairman and CEO of ERI , the nation’s leading fully integrated IT and electronics asset disposition provider and cybersecurity-focused hardware destruction company.
  • Impact Podcast guests are invited to share with listeners first-hand accounts of how they are able to help make the world a better place on a daily basis.
  • “Our Impact Podcast roster of guests features leaders who work every day to help make our world a better place.

Walker & Dunlop Once Again Ranked As #1 Fannie Mae Multifamily Lender and #3 with Freddie Mac

Retrieved on: 
Monday, January 29, 2024

Walker & Dunlop, Inc. (NYSE: WD) was recognized as the largest Fannie Mae DUS® lender by volume in 2023, making it Fannie Mae’s #1 partner, five years in a row.

Key Points: 
  • Walker & Dunlop, Inc. (NYSE: WD) was recognized as the largest Fannie Mae DUS® lender by volume in 2023, making it Fannie Mae’s #1 partner, five years in a row.
  • In addition to being Fannie Mae’s largest multifamily lending partner by volume at $6.6 billion, Walker & Dunlop was also recognized by Fannie Mae as:
    “Congratulations to our amazing team and partnership with Fannie Mae for finishing #1 for the fifth consecutive year,” said Walker & Dunlop Chairman and CEO Willy Walker .
  • In addition, W&D was recognized by Freddie Mac as:
    On a combined basis, with both Fannie Mae and Freddie Mac (the “GSEs”), Walker & Dunlop delivered $11.2 billion of loan deliveries in 2023, making it the second largest GSE lender in the country.
  • Walker continued, “It is an honor, and great credit to the Walker & Dunlop team, that we remained at the top of the league tables in 2023.

CAPREIT Announces Multitude of Internal Leadership Promotions

Retrieved on: 
Monday, January 29, 2024

NORTH BETHESDA, Md., Jan. 29, 2024 /PRNewswire-PRWeb/ -- CAPREIT, a fully integrated real estate operating company responsible for the ownership and management of more than $5 billion of multifamily assets, today announced several leadership promotions, including the progress of Andrew Kadish from President to Chief Executive Officer.

Key Points: 
  • Along with the leadership promotions, CAPREIT recently hired Ira Strassberg as Chief Financial Officer.
  • Strassberg brings more than 30 years of industry leadership, finance experience and accounting expertise to CAPREIT.
  • "We are extremely excited to bring Ira's considerable leadership, expertise and experience to our company," Andrew Kadish said.
  • He was also Deputy CFO of Cantor Fitzgerald and served as Senior Vice President and CFO of Fannie Mae's Multifamily division.

Walker & Dunlop Investment Sales Team Grows North and South Carolina Platform With New Managing Director

Retrieved on: 
Thursday, January 11, 2024

Walker & Dunlop, Inc. announced today that it has expanded its Carolinas Investment Sales team with the addition of Managing Director Michael Saclarides .

Key Points: 
  • Walker & Dunlop, Inc. announced today that it has expanded its Carolinas Investment Sales team with the addition of Managing Director Michael Saclarides .
  • He will be focused on Walker & Dunlop's multifamily institutional brokerage activities in Charlotte and the rest of the Carolinas.
  • Devin Bryan, who also joins Walker & Dunlop from Cushman & Wakefield, will work as a director on the team.
  • Walker & Dunlop is a leader in multifamily property sales, having completed nearly $6 billion in property sales volume through September 30, 2023.

Walker & Dunlop Arranges $157 Million Loan with Affinius Capital and Clarion Partners for SLC Mixed-Use Development

Retrieved on: 
Tuesday, November 28, 2023

Walker & Dunlop, Inc. , Affinius Capital LLC (“Affinius Capital”) and Clarion Partners announced today that they arranged $157.5 million in loan proceeds to refinance Post District, a Class A mixed-use complex in downtown Salt Lake City, Utah.

Key Points: 
  • Walker & Dunlop, Inc. , Affinius Capital LLC (“Affinius Capital”) and Clarion Partners announced today that they arranged $157.5 million in loan proceeds to refinance Post District, a Class A mixed-use complex in downtown Salt Lake City, Utah.
  • View the full release here: https://www.businesswire.com/news/home/20231128385409/en/
    The Walker & Dunlop New York Capital Markets team, led by Sean Reimer , Mo Beler , Aaron Appel , Jonathan Schwartz , Adam Schwartz , Keith Kurland , and William Herring, co-originated the loan with Affinius Capital and Clarion Partners.
  • Walker & Dunlop is a leader in multifamily property sales, having completed nearly $20 billion in property sales volume in 2022.
  • Over the same period, Walker & Dunlop originated $44 billion in debt financing volume, including lending over $36 billion for multifamily properties.

CA Ventures Announces $65 Million Sale of Fort Collins Apartment Building, 281 Willow

Retrieved on: 
Wednesday, November 15, 2023

CA Ventures , an international real estate investment, development and management company, is excited to announce the sale of 281 Willow, an apartment building ideally located in Fort Collins, Colorado.

Key Points: 
  • CA Ventures , an international real estate investment, development and management company, is excited to announce the sale of 281 Willow, an apartment building ideally located in Fort Collins, Colorado.
  • View the full release here: https://www.businesswire.com/news/home/20231114275042/en/
    CA Ventures recently sold 281 Willow to Borello Asset Management Inc. (Photo: Business Wire)
    The $65 million sale, which closed on September 28, was made possible due to the leadership of CA Ventures CEO Tom Scott and Chief Investment Officer John Diedrich .
  • The sale was arranged by the Walker & Dunlop Denver Investment Sales team on behalf of CA Ventures, the client, and Borello Asset Management Inc., which was the buyer.
  • 281 Willow is a 197-unit, newly constructed Class A apartment community conveniently located in the flourishing market of Fort Collins, Colorado, which has strong multifamily fundamentals.