BETHESDA, Md., April 26, 2016 /PRNewswire/ -- Walker & Dunlop, Inc. (NYSE: WD) (the "Company") announced today that seniors housing and healthcare finance experts Jeffrey Ringwald and William Jackson have joined its multifamily finance group in the Company's Dallas, Texas office. Mr. Ringwald, senior vice president and managing director, and Mr. Jackson, senior vice president, have originated a combined $2 billion of seniors housing loans across the country through a wide variety of capital sources including Fannie Mae, Freddie Mac, and the U.S Department of Housing and Urban Development (HUD).
As the largest Freddie Mac seniors housing lender in 2015, Walker & Dunlop has become an industry leader in seniors housing finance and is focused on continuing to grow its presence in this space. Mr. Ringwald and Mr. Jackson's decades of experience financing seniors housing properties will enable the Company to continue to meet borrowers' increasing demands for financing in this rapidly growing multifamily sub-sector.
Walker & Dunlop's President, Howard W. Smith, stated, "We are thrilled to welcome Jeff and Bill to our team. Walker & Dunlop originated $2.8 billion of seniors housing loans in 2015, and our scaled platform and proven expertise in the seniors housing space allowed us to attract these two talented professionals that we are confident will make our team even stronger. Not only do Jeff and Bill have specialized knowledge of both the seniors housing and healthcare markets, they also have experience using a wide variety of capital sources to finance these property types, which will greatly benefit our clients."
Prior to joining Walker & Dunlop, Mr. Ringwald and Mr. Jackson were both employed by Arbor Commercial Mortgage, LLC. As Senior Vice President of Seniors Housing & Healthcare, Mr. Ringwald led the origination effort and strategic direction of the seniors housing and healthcare platform. Mr. Jackson served as Vice President and was responsible for originating and structuring seniors housing and healthcare debt for borrowers across the United States.
About Walker & Dunlop
Walker & Dunlop (NYSE: WD), headquartered in Bethesda, Maryland, is one of the largest commercial real estate finance companies in the United States providing financing and investment sales to owners of multifamily and commercial properties. Walker & Dunlop, which is included in the S&P SmallCap 600 Index, has over 500 professionals in 25 offices across the nation with an unyielding commitment to client satisfaction.
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SOURCE Walker & Dunlop, Inc.