|Bid||56.65 x 1000|
|Ask||0.00 x 800|
|Day's Range||56.02 - 56.82|
|52 Week Range||37.96 - 59.39|
|Beta (3Y Monthly)||1.26|
|PE Ratio (TTM)||10.74|
|Forward Dividend & Yield||1.20 (2.12%)|
|1y Target Est||N/A|
BETHESDA, Md., Sept. 18, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured $17,975,000 in financing for Mi Place at Vineyards, a master-planned garden style multifamily development. Located just ten minutes from the historic downtown area of Lewes, Delaware, the newly developed property has excellent access to Atlantic beaches and the Delaware Bay. Led by Jon Kushner and Ben Retter, the Walker & Dunlop team arranged the financing on behalf of repeat-client, Fernmoor Homes.
BETHESDA, Md., Sept. 16, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured $9,570,000 in financing for the Comfort Inn® Maingate. Located in Kissimmee, Florida, the 197-key hotel is just two miles away from Walt Disney World Resort and offers convenient access to SeaWorld, Universal Orlando Resort, and Legoland. Walker & Dunlop's team, led by Vice President Jacob Cohen, leveraged its broad network of capital providers to secure a three-year bridge loan on behalf of the property owner, SLB Hotel Group.
BETHESDA, Md., Sept. 6, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured a $14,224,000 senior loan for the acquisition and future repositioning of the 191-key Holiday Inn Newark Airport. Ideally situated across the street from Newark Liberty International Airport, in New Jersey, the hotel caters to both leisure and business travelers, offering limited services at a reasonable price to better serve the growing number of on-the-go travelers requiring a short-term stay. Led by Vice President Jeff Baik, the Walker & Dunlop team secured a non-recourse, fixed-rate bridge loan at 77.5 percent loan to cost from a regional bridge lender on behalf of the client, who is an experienced hotel investor.
BETHESDA, Md., Sept. 4, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it has expanded its debt brokerage team to Boston, Massachusetts with the addition of Vice President Patrick Keefe. Mr. Keefe will be responsible for sourcing and structuring permanent, bridge, and construction loans for all commercial real estate property types throughout the United States. Mr. Keefe's hiring represents Walker & Dunlop's first dedicated capital markets hire in the robust New England market.
BETHESDA, Md., Sept. 3, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it has expanded its property sales team in the Northeast with the addition of Managing Directors Joseph Garibaldi and Thomas Walsh in Short Hills, New Jersey. Managing Director Kris Mikkelsen commented, "We are thrilled to welcome Joe and Tom to Walker & Dunlop. The addition of this team to our property sales platform deepens our capabilities in the Northeast with a strategic presence in New Jersey and the surrounding region.
BETHESDA, Md., Aug. 23, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it has provided $12,800,000 in bridge financing for The Grove Fox Valley, a 156-bed skilled nursing facility located in Aurora, Illinois. The debt was structured and provided by Walker & Dunlop's bridge lending program, which utilizes its own balance sheet to offer short-term, nonrecourse loans for properties that are being repositioned as part of a new business strategy. Led by Managing Director Joshua Rosen, the team structured the acquisition financing to cover 100 percent of the acquisition cost in addition to working capital and capital expenditures for the owner, Cascade Capital Group.
BETHESDA, Md., Aug. 14, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced that it has hired property sales and financing experts Jubeen Vaghefi and Denny St. Romain as Managing Directors in Florida, expanding its substantial presence in the region. Executive Vice President Greg Engler stated, "Thanks to hires like Jubeen and Denny, our property sales platform in Florida has become the premier team in the state.
BETHESDA, Md., Aug. 12, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured $27,900,000 in financing for the acquisition of Brooke Commons Apartments in Orlando, Florida. In the growing Orlando market with consistent demand for multifamily housing, Brooke Commons Apartments serves an important role in providing quality apartment units at affordable rents. Led by Managing Director John Gilmore, Walker & Dunlop's team identified Freddie Mac as the ideal lender for the transaction.
BETHESDA, Md. , Aug. 7, 2019 /PRNewswire/ -- SECOND QUARTER 2019 HIGHLIGHTS Total transaction volume of $7.3 billion , up 18% from Q2'18 Total revenues of $200.3 million , up 12% from Q2'18 Net income ...
BETHESDA, Md., Aug. 5, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it has added two Agency lending professionals to its growing team of mortgage bankers. Frank Cassidy joins as Vice President in Philadelphia, Pennsylvania, where he is responsible for multifamily and healthcare lending primarily through the U.S. Department of Housing and Urban Development (HUD). Cliff Ayers joins as Vice President in the company's Bethesda, Maryland office, where he is focused on originating Fannie Mae and Freddie Mac multifamily loans.
BETHESDA, Md., Aug. 1, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it has hired two Portland, Oregon-based brokers to its property sales platform, effectively increasing the firm's capabilities and geographic reach within the Western United States. Managing Director Tony Cassie and Vice President Sam Thompson represent the company's first property sales team based in the Pacific Northwest. The team is responsible for senior housing property sales throughout the Pacific Northwest, Southwest, Mountain States and California.
BETHESDA, Md., Aug. 1, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it has expanded the geographic footprint of its property sales platform in the Western United States with the addition of Managing Director Hunter Combs. Based in San Diego, California, Mr. Combs is responsible for originating and executing multifamily property sales for institutional and private clients, as well as increasing the firm's reach and capabilities within the Southern California market. Executive Vice President Greg Engler commented, "We are thrilled to welcome Hunter to the team as we expand our property sales platform on the West Coast.
BETHESDA, Md., Aug. 1, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it has added a team of five property sales brokers in Chicago, Illinois, expanding the company's multifamily property sales platform to the Midwest. Managing Directors Mark Myers and Josh Jandris and Vice Presidents Jordyn Berger, Alex Vice and Mike Surak are focused on originating and executing on the full continuum of senior housing property sales across the United States.
BETHESDA, Md. , July 22, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it hired Stephanie Wiggins as Senior Vice President and Chief Production Officer of the FHA Finance team. Based ...
BETHESDA, Md., July 16, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. (the "Company") announced today that it will release its second quarter 2019 results before the market opens on August 7, 2019. The Company will host a conference call to discuss the quarterly results on August 7, 2019 at 8:30 a.m. Eastern time. A simultaneous webcast of the call will be available on the Investor Relations section of the Company's website.
BETHESDA, Md. , July 11, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that Sean Williams has joined Walker & Dunlop Investment Sales as Senior Vice President and Managing Director based ...
BETHESDA, Md., June 19, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured $40,625,000 in financing across four loans for Keahumoa Place Apartments, a new garden-style affordable housing community to be built in Ewa Beach, Hawaii. Led by Kyle Peterson and Michael Liefer, Walker & Dunlop structured the financing through Freddie Mac's Tax-Exempt Loan (TEL) and Unfunded Forward Commitment programs, allowing the client to lock in attractive interest rates through the entire term of each 16-year loan. The master-planned community is being developed by The Michaels Organization, a repeat client of Walker & Dunlop, and the largest owner and operator of affordable housing in the country.
BETHESDA, Md., June 13, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured a $5,849,000 loan with the United States Department of Housing and Urban Development (HUD) for Walnut Village, a garden-style affordable senior housing community in Cookeville, Tennessee. LHP Capital, LLC, a Knoxville-based firm specializing in development and management of affordable multifamily housing, is the lead developer of the property, which is owned and managed by Highlands Residential Services, the local housing authority. Led by Senior Vice President Rob Rotach, the Walker & Dunlop team arranged the 40-year, fixed-rate, fully amortizing financing for the borrower, Highlands Residential Services. Drawing on their extensive experience with HUD financing, the team secured the loan through the agency's 221(d)(4) program, which facilitates the new construction or substantial rehabilitation of multifamily rental or cooperative housing for moderate-income families.
BETHESDA, Md., June 11, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it arranged $121,310,000 in construction financing for Plantation Walk, a master-planned development in the heart of Plantation, Florida. The financing supports the next phase of construction, which includes the development of 404 multifamily units and 134,326 square feet of retail space. Walker & Dunlop's team, led by Managing Director Eric McGlynn, arranged the financing on behalf of repeat-client, Rescore Property Corp., a Florida-based private REIT founded by Arthur Falcone, Tony Avila, and Bill Powers.
BETHESDA, Md., June 6, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it arranged a $21,086,700 construction loan for Kodak Crossing in Kodak, Tennessee. The new multifamily property is being developed by longtime client VITA Development Group, Inc., and will be located within the bounds of Sevier County, one of Tennessee's designated opportunity zone census tracts. The transaction represents one of the first opportunity properties financed with the United States Department of Housing and Urban Development (HUD).
Executive Vice President Greg Engler commented, "We are thrilled to welcome Kyle to Walker & Dunlop. His strong client relationships and track record of driving to ambitious growth targets make him a valuable addition to our team," Mr. Engler continued, "We are focused on executing our growth strategy of expanding into new markets and further segmenting markets where we have an existing presence.
BETHESDA, Md., May 28, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured $14,300,000 in acquisition financing for 4100 South Stream, a Class A office building comprising four stories and 125,000 square feet in Charlotte, North Carolina. Led by Mark Strauss and Rob Quarton, the Walker & Dunlop team structured a two-year, interest-only loan on behalf of the joint venture property owners and repeat-clients, Shopoff Realty Investments, L.P. and Praelium Commercial Real Estate. William A. Shopoff, CEO of Shopoff Realty Investments, stated, "Mark and Rob found us the right lender that understood the intrinsic value of the building.
BETHESDA, Md., May 8, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it facilitated a $140,000,000 bond issuance on Israel's Tel Aviv Stock Exchange for its client, Westdale America. Stuart Wernick, Managing Director at Walker & Dunlop, worked in conjunction with Giryes Consulting & Research and Barak Capital, which underwrote, marketed, and issued the bonds. Westdale's portfolio comprises 37 properties with 8,560 units in 27 multifamily communities and over 1.85 million square feet in 10 office buildings. By accessing foreign capital markets through the issuance of debt, the transaction facilitates Westdale's long-term hold investment strategy and provides for future growth opportunities.
Adjusted EBITDA Grows 28% BETHESDA, Md. , May 1, 2019 /PRNewswire/ -- FIRST QUARTER 2019 HIGHLIGHTS Total transaction volume of $5.9 billion , up 23% from Q1 '18 Total revenues of $187.4 million , an increase ...
BETHESDA, Md., April 16, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured $52,035,000 in financing for three Class A senior housing properties totaling 196 units in Colorado Springs and Centennial, Colorado. Each of the properties, MorningStar at Jordan, MorningStar at Mountain Shadows, and MorningStar at Bear Creek, is owned in a partnership between MorningStar Senior Living and an alternative investment fund manager based in the Middle East. Walker & Dunlop played an important role in the transactions, utilizing its deep expertise in Fannie Mae financing to ensure the lending documents were consistent and compliant with Shari'ah law, which has implications on the payment and receipt of interest.