Walker & Dunlop
| Company type | Public |
|---|---|
| NYSE:WD S&P Small Cap 600 | |
| Industry | Real Estate |
| Founded | 1937 |
| Headquarters | Bethesda, Maryland, |
Area served | United States |
Key people | |
| Products | |
| Revenue | US$ 711,857 |
| US$ 233,661 | |
| US$ 211,834 | |
| Total assets | US$ 2,208,427 |
| Total equity | US$ 814,981 |
Number of employees | 700+ |
| Website | www |
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 is 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 a 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
- ^ "Six Bethesda Companies Make Washington Post's List of Best Workplaces". Bethesda Magazine. 2018-06-22. Retrieved 2018-11-27.
- ^ "Walker & Dunlop to acquire rival lender CWCapital". Washington Post. Retrieved 2018-11-27.
- ^ "wd_Current folio_10Q". www.sec.gov. Retrieved 2018-12-13.
- ^ "Firm Founder". Washington Post.
{{cite web}}: Cite has empty unknown parameter:|dead-url=(help) - ^ "Willy Walker Keeps His Bets on Fannie and Freddie". Commercial Observer. 2013-10-29. Retrieved 2018-11-27.
- ^ MarketScreener. "Walker & Dunlop, Inc. company : Shareholders, managers and business summary | Nyse: WD | MarketScreener". www.marketscreener.com. Retrieved 2018-11-27.
- ^ "Walker & Dunlop prices IPO at $10 per share". Retrieved 2018-11-27.
- ^ "Bridge Loans: A 'Soft Landing' Primed for Growth, says Walker & Dunlop". www.multihousingnews.com. Retrieved 2018-11-27.
- ^ "https://www.bizjournals.com/washington/stories/2009/01/26/daily100.html". www.bizjournals.com. Retrieved 2018-11-27.
{{cite web}}: External link in|title= - ^ "Walker & Dunlop to buy JCR Capital | News | Institutional Real Estate, Inc". Institutional Real Estate, Inc. Retrieved 2018-11-27.
- ^ www.bizjournals.com https://www.bizjournals.com/washington/stories/2009/01/26/daily100.html. Retrieved 2018-12-13.
{{cite web}}: Missing or empty|title=(help) - ^ "Walker & Dunlop to buy JCR Capital | News". Institutional Real Estate, Inc. 2018-03-15. Retrieved 2018-12-13.
- ^ Editorial, Reuters. "${Instrument_CompanyName} ${Instrument_Ric} Company Profile | Reuters.com". U.S. Retrieved 2018-11-27.
{{cite web}}:|first=has generic name (help) - ^ "Bloomberg - Are you a robot?". www.bloomberg.com. Retrieved 2018-11-27.
{{cite web}}: Cite uses generic title (help) - ^ "NYSE:WD - Stock Price, News, & Analysis for Walker & Dunlop". pressoracle.com. Retrieved 2018-11-27.