Walker & Dunlop Expands Presence in Southeast with New Office in Charlotte, North Carolina
BETHESDA, Md., June 26, 2014 /PRNewswire/ -- Walker & Dunlop, Inc. (NYSE: WD) (the "Company") announced today that it has opened a new office in Charlotte, NC, adding to its significant Southeast presence which already includes Atlanta, Boca Raton, Nashville, New Orleans, Tampa and Ft. Lauderdale. In addition to loan origination, the Charlotte office will also contain much of the credit operations for Walker & Dunlop's new CMBS conduit.
The Charlotte market presents a large lending opportunity fueled by the steady decrease in unemployment and the state's successful efforts in attracting large firms to Charlotte's University Research Park. "As the Southeast continues to see job and population growth, Walker & Dunlop's new Charlotte office expands our national footprint and gives us a day-to-day presence in this exciting metropolitan area," commented Willy Walker, Chairman and CEO.
Charlotte-based vice president, Brett McGuire commented, "There is a huge volume of commercial real estate loans set to mature between 2015 and 2017 that present a great opportunity for me and our Company. I am excited to open Walker & Dunlop's newest office and bring Walker & Dunlop's financing solutions to existing and future clients in Charlotte and throughout the Southeast."
About Walker & Dunlop
Through its subsidiary Walker & Dunlop, LLC, Walker & Dunlop, Inc. (NYSE: WD) is one of the leading commercial real estate finance companies in the United States, with a primary focus on multifamily lending. As a Fannie Mae DUS®, Freddie Mac Program Plus® and MAP- and LEAN-approved FHA lender, the Multifamily and FHA Finance groups are focused on lending to property owners, investors, and developers of multifamily properties across the country. The Capital Markets group specializes in financing commercial real estate for owners and investors across the United States, securing capital from large institutions such as life insurance companies, commercial banks, CMBS lenders, pension funds, and specialty finance companies. The Proprietary Capital group develops new financial products and provides institutional advisory, asset management, and investment management services with respect to debt and equity, including bridge financing. Walker & Dunlop, LLC has more than 400 employees located nationwide. For more information about the Company, please visit www.walkerdunlop.com or follow us on Twitter at @Walkerdunlop.
SOURCE Walker & Dunlop, Inc.