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Walker & Dunlop Completes $55 Million Sale for Trophy Multifamily Community in Los Angeles, CA


Walker & Dunlop Completes $55 Million Sale for Trophy Multifamily Community in Los Angeles, CA
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$55,000,000 sale of
The Estelle on behalf of Canfield Development, Inc. to an affiliate of The Green Cities Company.
The property, a 61-unit luxury multifamily community in West Los Angeles, was built in 2020 as for-sale condominiums and was converted to for-rent apartments amid the pandemic. The property boasts exceptionally large floor plans averaging 1,474 square feet and was 30% leased at the time of the sale.
The Estelle
In addition to its spacious units, The Estelle offers residents a resort-style living experience with a state-of-the-art fitness center, Mediterranean pool, and ample green space, including three landscaped rooftops. Situated within a mostly residential neighborhood, The Estelle features stunning views of Los Angeles while also offering convenient access to the city s employment nodes, dining, cultu ....

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Walker & Dunlop Jumps to Fourth Largest Lender to Commercial Real Estate


Walker & Dunlop Jumps to Fourth Largest Lender to Commercial Real Estate
Climbs Six Ranks in 2020
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BETHESDA, Md., April 28, 2021 /PRNewswire/  Walker & Dunlop, Inc. announced today that it is the fourth largest lender to the U.S. commercial real estate industry based on the 2020 Mortgage Bankers Association loan origination rankings. Walker & Dunlop has grown its total lending volume at a 25% compound annual growth rate over the past decade, from $2.7 billion in 2010 to $24.7 billion in 2020.
Willy Walker, Chairman and CEO of Walker & Dunlop, commented, Our goal to be the premier commercial real estate finance company in the United States was established in 2010 when we lent a relatively small $2.7 billion, versus Wells Fargo in the top spot at over $30 billion. And over the past ten years, due to recruiting the very best bankers and brokers in the industry, investing in and implementing actionable te ....

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Walker & Dunlop Releases 2020 Student Housing Year-End Report


Press release content from PR Newswire. The AP news staff was not involved in its creation.
Walker & Dunlop Releases 2020 Student Housing Year-End Report
April 26, 2021 GMT
Walker & Dunlop s 2020 Student Housing Year-End Report
BETHESDA, Md., April 26, 2021 /PRNewswire/ Walker & Dunlop, Inc. ’s Investment Sales team (WDIS) published its Student Housing Year-End Report. Providing the most comprehensive aggregation of student housing data in the industry, the annual report includes a look back at transaction highlights from a challenging 2020, along with insights into trends for a promising year ahead.
The report features an in-depth analysis of:
Student Housing Transactions – Despite a decline in volume, returning students and resilient rent collections keep transactions moving. ....

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