From Wikipedia, the free encyclopedia
Walker & Dunlop
Company typePublic
NYSE:WD S&P Small Cap 600
Industry Real Estate
Founded1937; 87 years ago (1937)
Headquarters Bethesda, Maryland,
Area served
United States
Key people
Products
RevenueUS$ 711,857
US$ 233,661
US$ 211,834
Total assetsUS$ 2,208,427
Total equityUS$ 814,981
Number of employees
700+


Walker & Dunlop (NYSE:WD) is a mid-sized commercial real estate finance company founded 1937 in Washington, DC.  It’s currently headquartered in Bethesda, Maryland and has 29 offices across the United States with over 700 employees. [1] [2]

History

Walker & Dunlop's primary focus on multifamily lending. Walker & Dunlop originates, sells, and services a range of multifamily and other commercial real estate financing products, provide multifamily investment sales brokerage services, and engages in commercial real estate investment management activities. [3]

Walker & Dunlop is known as one of the first companies to use FHA insurance to finance single-family home loans, which is now a common practice.  It was also one of the first commercial real estate firms to obtain a DUS license from Fannie Mae. [4] [5]

In 1937, Oliver Walker and Laird Dunlop founded the company. [6] In 2010, Walker & Dunlop had an initial public offering (IPO) on the New York Stock Exchange. [7] In 2011, Walker & Dunlop launched the Bridge Lending Program. [8] In 2018, the company entered the asset management business with its acquisition of JCR Capital Investment Corporation, an SEC Registered Investment Adviser and also acquired iCap Realty. [9] [10] [11] [12]

Walker & Dunlop is an approved servicer for Fannie Mae, Freddie Mac, and HUD loans. [13]

Services

Walker & Dunlop, Inc., through its subsidiaries, originates, sells, and services a range of multifamily and other commercial real estate loans for owners and developers of real estate in the United States. [14]

Financial Products Offered:

  • first mortgage loans
  • second trust loans
  • supplemental financings
  • construction loans
  • mezzanine loans
  • bridge/interim loans
  • Multifamily Finance
  • FHA finance [15]

References

  1. ^ "Six Bethesda Companies Make Washington Post's List of Best Workplaces". Bethesda Magazine. 2018-06-22. Retrieved 2018-11-27.
  2. ^ "Walker & Dunlop to acquire rival lender CWCapital". Washington Post. Retrieved 2018-11-27.
  3. ^ "wd_Current folio_10Q". www.sec.gov. Retrieved 2018-12-13.
  4. ^ "Firm Founder". Washington Post.
  5. ^ "Willy Walker Keeps His Bets on Fannie and Freddie". Commercial Observer. 2013-10-29. Retrieved 2018-11-27.
  6. ^ MarketScreener. "Walker & Dunlop, Inc. company : Shareholders, managers and business summary | Nyse: WD | MarketScreener". www.marketscreener.com. Retrieved 2018-11-27.
  7. ^ "Walker & Dunlop prices IPO at $10 per share". Retrieved 2018-11-27.
  8. ^ "Bridge Loans: A 'Soft Landing' Primed for Growth, says Walker & Dunlop". www.multihousingnews.com. Retrieved 2018-11-27.
  9. ^ "https://www.bizjournals.com/washington/stories/2009/01/26/daily100.html". www.bizjournals.com. Retrieved 2018-11-27. {{ cite web}}: External link in |title= ( help)
  10. ^ "Walker & Dunlop to buy JCR Capital | News | Institutional Real Estate, Inc". Institutional Real Estate, Inc. Retrieved 2018-11-27.
  11. ^ www.bizjournals.com https://www.bizjournals.com/washington/stories/2009/01/26/daily100.html. Retrieved 2018-12-13. {{ cite web}}: Missing or empty |title= ( help)
  12. ^ "Walker & Dunlop to buy JCR Capital | News". Institutional Real Estate, Inc. 2018-03-15. Retrieved 2018-12-13.
  13. ^ Editorial, Reuters. "${Instrument_CompanyName} ${Instrument_Ric} Company Profile | Reuters.com". U.S. Retrieved 2018-11-27. {{ cite web}}: |first= has generic name ( help)
  14. ^ www.bloomberg.com https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=49410774. Retrieved 2018-11-27. {{ cite web}}: Missing or empty |title= ( help)
  15. ^ "NYSE:WD - Stock Price, News, & Analysis for Walker & Dunlop". pressoracle.com. Retrieved 2018-11-27.