BETHESDA, Md., Sept. 20, 2017 /PRNewswire/ -- Walker &
Dunlop, Inc. (NYSE: WD) (the "Company") announced today that it has
closed the largest financing in Company history, a $1.9 billion portfolio of Freddie Mac loans to
Greystar Growth and Income Fund, LP in connection with its
acquisition of Monogram
Residential Trust.
Willy Walker, Walker & Dunlop
Chairman and CEO, commented, "It is a true honor to have been
selected by Greystar to finance the largest transaction in its
illustrious history. The Walker & Dunlop team, along
with our partners at Freddie Mac, executed flawlessly on this
large, complex transaction." Mr. Walker continued,
"There are only a few multifamily lenders in the country with the
scale and expertise with the GSEs to execute on a transaction of
this nature, and it is a testament to Walker & Dunlop's
growth, and the incredible team we have, that we were able to
execute on this financing so well."
The financing includes 36 distinct loans on multifamily
properties located in major metropolitan areas across the United States. The portfolio is
comprised of 62% floating rate loans and 38% fixed rate
loans. The Walker & Dunlop financing team was
led by Matt Wallach, Stephen West, and Craig
West.
"We were thrilled to work so closely with the incredible team at
Walker & Dunlop and Greystar to facilitate this significant
acquisition," said David Brickman,
executive vice president & head of Freddie Mac Multifamily.
"We pride ourselves on being the leading capital provider for
large, complex deals, and this financing clearly demonstrates our
ability to deliver innovative structures and certainty of execution
to premiere multifamily operators."
Walker & Dunlop was a top-five lender with each of the
Agencies in 2016, including the third largest Freddie Mac
Multifamily Approved Seller. During the first half of 2017,
Walker & Dunlop originated $2.3
billion of Freddie Mac loans, a 33% increase over the same
period last year. To learn more about Walker & Dunlop's
financing options, visit the new www.walkerdunlop.com.
About Walker & Dunlop
Walker & Dunlop (NYSE:
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.
Walker & Dunlop, which is included in the S&P
SmallCap 600 Index, has over 600 professionals in 28 offices across
the nation with an unyielding commitment to client
satisfaction.
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SOURCE Walker & Dunlop, Inc.