Walker & Dunlop Hires Senior Vice President and Staff to Join Capital Markets Team in New South Florida Office

BETHESDA, Md., May 2, 2012 /PRNewswire/ -- Walker & Dunlop, Inc. (NYSE: WD) (the "Company") announced today that it has hired Albert G. Rex as senior vice president in its Capital Markets division. Mr. Rex will manage the Company's new Fort Lauderdale office and manage the recently hired team of mortgage bankers there. Together, the team will focus on financing all types of income-producing properties including office, apartments, hotels, industrial and retail in the southeast region.

Howard Smith, executive vice president and chief operating officer of Walker & Dunlop, commented, "We are extremely excited to welcome Al and his team as we work to expand our capital markets reach. Al, together with our new team of veteran mortgage bankers, Paul Ahmed, David Gahagan, and E. Lance Lehman, plus the knowledge and experience of the analysts who will support them, will further enhance Walker & Dunlop's standing as a first class mortgage banker. We are very pleased to have the collective talent and experience these new employees bring to the company."

Prior to joining Walker & Dunlop, Mr. Rex was senior vice president at Grandbridge Real Estate Capital where he managed the Fort Lauderdale production office and served on the Board of Managers. Previously, Mr. Rex was an executive managing director with Collateral Real Estate Capital, LLC, which merged with Laureate Capital, LLC to form Grandbridge. He played an integral role in the formation of the CareyKramer Company, where he specialized in originating commercial real estate finance equity and investment sales for all property types, and was directly responsible for the firm's expansion in Florida. Mr. Rex holds a dual bachelor's degree in real estate and finance from the University of Florida.

Al Rex commented, "I am very excited to be joining Walker & Dunlop and becoming a part of such a dynamic and respected company. Walker & Dunlop's outstanding growth and performance present a unique opportunity for me and my team to help continue to build what has become one of the most admired platforms in the commercial real estate finance market."

Mr. Rex can be reached at (954) 389-7822 or arex@walkerdunlop.com.

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. Walker & Dunlop's proprietary Interim Loan Program provides financing for multifamily properties that do not currently qualify for permanent financing. 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 Principal Investments group provides institutional advisory, asset management, and investment management services with respect to debt, structured debt and equity.

SOURCE Walker & Dunlop