|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||47.49 - 48.87|
|52 Week Range||42.66 - 61.44|
|Beta (3Y Monthly)||1.06|
|PE Ratio (TTM)||7.26|
|Earnings Date||Oct 31, 2018|
|Forward Dividend & Yield||1.00 (2.10%)|
|1y Target Est||62.50|
BETHESDA, Md., Oct. 19, 2018 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured $25,000,000 in financing for Aloft Asheville, a specialty hotel property located in Asheville, North Carolina. The 115-key property is owned and developed by McKibbon Hotel Group and is centrally located in the heart of the city. Situated in downtown Asheville, the Aloft hotel is within walking distance to virtually every major tourist attraction in the city.
BETHESDA, Md., Oct. 17, 2018 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it plans to refinance its senior secured term loan and upsize the aggregate principal amount to $250 million. The proceeds will be used to fund the repayment of Walker & Dunlop's existing term loan that was closed in December 2013 and for general corporate purposes, including strategic growth opportunities. Walker & Dunlop (WD), headquartered in Bethesda, Maryland, is one of the largest commercial real estate services and finance companies in the United States providing financing and investment sales to owners of multifamily and commercial properties.
Moody's Investors Service affirmed Walker & Dunlop, Inc.'s senior secured term loan and corporate family ratings at Ba2 and changed the outlook on the ratings to Positive from Stable. The affirmation of the ratings reflects the company's solid franchise position, strong profitability, solid capital levels and sound credit risk management. Moody's revised Walker & Dunlop's outlook to positive reflecting our expectation that the company will continue to strengthen its solid franchise as well as generate strong profitability and solid asset quality while maintaining its strong capital and current funding profile.
BETHESDA, Md. , Oct. 15, 2018 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that its investment sales group, Walker & Dunlop Investment Sales , LLC ("WDIS") closed the sale of Stadium ...
BETHESDA, Md., Oct. 12, 2018 /PRNewswire/ -- Walker & Dunlop, Inc. (the "Company") announced today that it will release its third quarter 2018 results before the market opens on October 31, 2018. The Company will host a conference call to discuss the quarterly results on October 31, 2018 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 at http://investors.walkerdunlop.com/.
BETHESDA, Md., Oct. 10, 2018 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured $61,000,000 in financing for the recapitalization of The Shops at Dakota Crossing, a 140,000 square-foot trophy retail center in Washington, D.C. Led by Managing Director Jamie Butler, Walker & Dunlop's Structured Finance team replaced the existing construction capital stack with a stretch senior bridge loan, which also provides for future funding based on additional leasing and capital costs. Positioned along New York Avenue, one of Washington, D.C.'s busiest thoroughfares, The Shops at Dakota Crossing enjoys a convenient location with high visibility both to commuters and area residents. Despite high income and homeownership demographics, the surrounding neighborhood had few retail options prior to the delivery of The Shops at Dakota Crossing.
On CNBC's "Mad Money Lightning Round" , Jim Cramer said instead of Anheuser Busch Inbev NV (NYSE: BUD ), he would buy Constellation Brands (NYSE: STZ ). Cramer would wait for a pullback of 7 ...
BETHESDA, Md., Oct. 5, 2018 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it hired Trevor Blood as Vice President in its Capital Markets group, which brokers commercial real estate loans through its vast network of capital providers. Mr. Blood is based out of the company's Torrance, California office and will play an integral role in the continued expansion of Walker & Dunlop's geographic footprint across the United States. Cliff Carnes, Chief Production Officer of the company's Capital Markets Group, stated, "We are pleased to welcome Trevor to the team.
Jim Cramer shares his take on callers' favorite stocks at lightning speed, including a defense play that he got flak for recommending.
BETHESDA, Md., Oct. 3, 2018 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it is ranked #42 on Fortune Magazine's 2018 Fastest-Growing Companies List. The Fortune rankings are based on three-year growth in revenues, earnings per share, and total shareholder return, where Walker & Dunlop delivered 23%, 49%, and 28%, respectively, on an annual basis from 2014 to 2017. "Here we are again, listed as one of the Fastest-Growing Companies along with Amazon, CoStar, and Align Technologies," stated Willy Walker, Walker & Dunlop's Chairman and CEO.
BETHESDA, Md., Oct. 2, 2018 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it hired Michael Davis as Senior Vice President in its FHA Finance group. Based out of Walker & Dunlop's Charlotte office, Mr. Davis is responsible for originating multifamily loans through the lending programs of the U.S. Department of Housing and Urban Development (HUD), Fannie Mae, and Freddie Mac, with a focus in senior housing and healthcare finance. The need for senior housing is projected to continue its upward trend, driven by the baby boomer demographic.
BETHESDA, Md., Sept. 26, 2018 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured a $4,891,500 construction loan through the United States Department of Housing and Urban Development (HUD) for the revitalization and apartment conversion of the Krise Building. Located in Lynchburg, Virginia, the historic seven-story building will be a mixed-use property for multifamily housing and commercial use. Built in 1905, the Krise Building is situated within the northwest quadrant, at Main Street and Ninth Street, and rose as the city's first skyscraper.
BETHESDA, Md., Sept. 24, 2018 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured $9,800,000 in financing for the construction of SpareSpace Storage. Located in the Wynwood/Allapattah neighborhood of Miami, Florida, the self-storage facility will be completed by the summer of 2019. Leading Walker & Dunlop's Capital Markets Team, Ft. Lauderdale-based Marty McGrogan and Niki Perez worked with Howard Pryor and Travis Prince of Generation4 Partners LLC, the sponsor, to place the debt assignment.
BETHESDA, Md., Sept. 19, 2018 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it closed the investment sale of Azure on the Park, a 25-story, 329-unit, LEED Gold Certified, Class A multifamily community. The property is located in Atlanta, Georgia, where the Walker & Dunlop Investment Sales team has closed over $2.4 billion in sales over the last 34 months. Delivered in 2016, the high-rise property overlooks Piedmont Park, a 189-acre center for culture and recreation in Midtown.
BETHESDA, Md., Sept. 17, 2018 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it has hired an investment sales team in Dallas, Texas, adding a new market to its national investment sales platform. Managing Directors Jeff Price, Bill Simmons, and Alisan Rutland will lead the team in the origination and execution of multifamily investment sales, with a focus in Texas and the southern United States. "We are excited to welcome this talented team led by Jeff, Bill, and Alisan," commented Executive Vice President Greg Engler.
Axis 147 and Mayton Transfer Lofts, both located in the Richmond, Virginia metropolitan area. Andrew Tapley and Alexandra Huffman of Walker & Dunlop's Multifamily Finance group led the team in arranging acquisition financing for the borrower, Capital Square 1031. Drawing on their deep understanding of Fannie Mae's programs, the team was able to rate lock two of the loans in less than 14 days from application and close one financing within 30 days.
BETHESDA, Md. , Sept. 11, 2018 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it arranged construction financing in the amount of $51,600,000 for Beachwalk Apartments and $6,500,000 for Atlantica ...
BETHESDA, Md., Aug. 29, 2018 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured $19,491,400 in financing for the acquisition and rehabilitation of Dandridge Towers. Located in Nashville, Tennessee, a city and metropolitan area seeing rapid population growth, the 153-unit, senior-living apartment community provides an important affordable housing option for older residents of the city. Led by Vice President Rob Rotach, Walker & Dunlop secured a 40-year, fixed rate, fully amortizing loan for LHP Capital, LLC, the developer and manager of Dandridge Towers.
Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. Recently, Walker & Dunlop Inc (NYSE:WD) has startedRead More...
BETHESDA, Md. , Aug. 22, 2018 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured $24,500,000 for Two21 Armstrong , a 390-bed student housing property adjacent to Auburn University ...
BETHESDA, Md., Aug. 20, 2018 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it has structured $10,806,000 million in financing for Prism Multifamily Group's acquisition of Latitude 33, a 121-unit, Class A multifamily property in downtown Palm Springs, California. Latitude 33 holds significance for Palm Springs, which is home to only nine market-rate apartment communities with 100 or more units each, making for an important investment in a supply-constrained market. Palm Springs has demonstrated consistent rent growth and strong occupancies, which reflect a growing demand in an area that has been gaining in popularity and has benefited from a resurgence in tourism.
BETHESDA, Md., Aug. 17, 2018 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured $30,589,100 in financing through the United States Department of Housing and Urban Development (HUD) for The Highline apartments, a 171-unit, mixed-use, multifamily complex located in Melbourne, Florida. The transaction was promoted by several local businesses who advocated for the development of The Highline to support young professionals and millennials seeking to relocate to the area. The City of Melbourne is located within Florida's "Space Coast," which has been newly dubbed America's "High Tech Titan." The area plays host to key aerospace and tech companies such as Northrop Grumman, Space X, Blue Origin, Harris, Lockheed Martin, and GE as well as the Florida Institute of Technology.
BETHESDA, Md., Aug. 16, 2018 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it arranged construction financing in the amount of $138,100,000 for Elysee, a 57-story waterfront condominium tower in Miami's luxurious Edgewater neighborhood. The financing was arranged by Kevin O'Grady and Eric McGlynn, both managing directors of the Company's Capital Markets group.