walker & dunlop inc (WD) Key Developments
Chris Hew Joins Walker & Dunlop Inc. as Vice President in its Mid-Atlantic Capital Markets Team in Bethesda, Maryland
Jul 10 15
Walker & Dunlop Inc. announced that Chris Hew joined as vice president in its mid-Atlantic capital markets team in Bethesda, Maryland. Hew is responsible for managing client relationships that lead to debt placement opportunities on office buildings, retail centers, hotels, industrial and multifamily properties throughout the region. Previously, he served as a director of debt origination at GE Capital Real Estate.
Walker & Dunlop, Inc. and Walker & Dunlop, LLC Enter Fourth Amendment to the Amended and Restated Warehousing Credit and Security Agreement with PNC Bank
Jun 19 15
On June 17, 2015, Walker & Dunlop, Inc. and Walker & Dunlop, LLC entered into a fourth amendment to amended and restated warehousing credit and security agreement with PNC Bank, National Association, as administrative agent, and the lenders party thereto. The amendment amends that certain amended and restated warehousing credit and security agreement, dated as of June 25, 2013, by and among Walker & Dunlop, LLC, the company, PNC and the lenders party thereto to, among other things, extend the warehousing maturity date to June 22, 2016. The company continues to guarantee Walker & Dunlop, LLC's obligations under the warehousing agreement, as amended by the amendment. Some of the lenders under the Amendment and their affiliates have various relationships with the company involving the provision of financial services, including other credit facilities with the company and its affiliates, cash management, investment banking, trust and other services. Walker & Dunlop, LLC has entered into forward delivery commitments in the ordinary course of business and interest rate or other derivative arrangements with some of the lenders and their affiliates.
Walker & Dunlop, Inc. Closes $19.5 Million Fannie Mae Loan for a First Time Agency Borrower
Jun 11 15
Walker & Dunlop, Inc. announced that it closed a $19,521,000 Fannie Mae Fixed Rate loan for True North Capital Partners acquisition of Wakefield Vista Apartments, a 114-unit property located in Wakefield, MA. This is the borrowers fifth acquisition in the Boston area over the last two years. Led by Steve Natale and Bill Battaglia, the Walker & Dunlop team worked diligently with Fannie Mae on True North Capital Partners first Agency execution to structure a 12-year fixed rate loan with 4 years of interest only at 77% loan to purchase price. The competitive terms provided by Fannie Mae exemplify the Agencies commitment to lending on high quality affordable apartment communities in major markets throughout the country.
Walker & Dunlop Announces Appointment of Anthea Martin as Vice President in New FHA Originator in Denver, Colorado
Jun 2 15
Walker & Dunlop, Inc. announced that it has hired Anthea Martin to join its FHA Finance group. Ms. Martin, vice president, will specialize in loan originations for both market rate and affordable multifamily properties, with a primary emphasis on FHA-insured mortgages in the Western United States. With over 16 years of commercial real estate experience, Ms. Martin has been responsible for structuring, underwriting and closing more than 70 transactions with over $500 million in total volume. Prior to joining Walker & Dunlop, Ms. Martin served as vice president and senior MAP underwriter at CBRE.
Walker & Dunlop, Inc. Hires Dan Martin as Senior Vice President in its Capital Markets Group Headquarter in Bethesda, Maryland
Jun 1 15
Walker & Dunlop, Inc. announced that it has hired Dan Martin as senior vice president in its Capital Markets group headquarter in Bethesda, Maryland. Mr. Martin is a commercial real estate senior finance professional, responsible for sourcing and managing client relationships that lead to debt placement opportunities. Prior to joining Walker & Dunlop, Mr. Martin served as a regional manager at GE Capital Real Estate.