BETHESDA, Md., March 8, 2022 /PRNewswire/ -- Apprise by
Walker & Dunlop announced today that it has expanded its
footprint in the West Coast region with the addition of
Managing Director Michael
Wada, MAI, in Irvine, California. Mr. Wada joins
Jacinto Munoz, the firm's West Coast
Lead and Head of National Strategy and Compliance, and will be
responsible for helping to drive Apprise's growth in Southern California.
"We're thrilled to build upon Apprise's ever-expanding presence
on the West Coast by welcoming Michael onto the team," said Mr.
Munoz. "He brings over 10 years of experience in valuation and
advisory services, which span across a wide variety of asset
classes, and he will be critical in helping Apprise increase its
customer base in California."
Mr. Wada commented, "I'm excited for the opportunity to be a
part of a change-making company in the commercial real estate
appraisal industry and I'm looking forward to bringing Apprise's
capabilities to new and repeat clients. By embracing technological
advancements and building a best-in-class valuation team, Apprise
has already set themselves apart from the competition in just two
years of operation."
Mr. Wada is a Designated Member of the Appraisal Institute (MAI)
and is a Certified General Real Estate Appraiser in Arizona, California, Illinois, Minnesota, and New
York. Prior to joining Apprise, he served as a Senior Vice
President at Bowery Valuation and was previously a Vice President
of Stout, a global advisory firm. Before his tenure at Stout, Mr.
Wada served as a commercial real estate appraiser at JPMorgan
Chase. His valuation experience covers the United States, and he has provided
services for lenders, REITs, attorneys, accounting firms, private
equity real estate funds, capital management firms, and real estate
holding entities.
Apprise harnesses artificial intelligence,
state-of-the-art trend analysis, and enhanced analytics and pairs
that technology platform with its leading appraisers to
consistently deliver trusted appraisal and asset valuation reports
to their clients. The firm's proprietary technology is supported by
machine learning, which considers nuanced, market-level information
such as age, size, built structure, expenses, location,
demographics, amenities, and Reach score to ensure consistent and
streamlined valuations. With instant access to 20 years of licensed
data on more than 2.5 million property records from proprietary
databases and industry-standard resources, Apprise's appraisers can
deliver property- and market-level insights within hours, ensuring
client confidence in decision-making and exceptional risk
mitigation.
Launched by Walker &
Dunlop and GeoPhy, Apprise is focused
exclusively on the U.S. market. The firm's national team now has a
collective track record of valuing $150
billion worth of commercial real estate properties,
comprising more than 900,000 units per year. Serving a client base
that includes GSE lenders, owners/operators, banks, and
institutional lenders, the Apprise team specializes in FIRREA and
USPAP-compliant appraisals, as well as consulting assignments for
multifamily assets.
About Walker & Dunlop
Walker &
Dunlop (NYSE: WD) is the largest provider of capital to the
multifamily industry in the United
States and the fourth largest lender on all commercial real
estate including industrial, office, retail, and hospitality.
Walker & Dunlop enables real estate owners and operators to
bring their visions of communities — where Americans live, work,
shop and play — to life. The power of our people, premier brand,
and industry-leading technology make us more insightful and
valuable to our clients, providing an unmatched experience every
step of the way. With over 1,000 employees across every major
U.S. market, Walker & Dunlop has consistently been named
one of Fortune's Great Places to
Work® and is committed to making the
commercial real estate industry more inclusive and
diverse while creating meaningful social, environmental,
and economic change in our communities.
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SOURCE Apprise by Walker & Dunlop