Investments

Walker & Dunlop Funding Companions Pronounces Ultimate Funding from Almost $80 Million Fund VI

BETHESDA, Md., January 23, 2023–(BUSINESS WIRE)–Walker & Dunlop Funding Companions, Inc. (“WDIP”) at present introduced that it has made the ultimate funding from its sixth fund, Walker & Dunlop Funding Accomplice Fund VI (“Fund VI”).

Launched in Q1 2021 with a method to put money into area of interest, opportunistic middle-market industrial actual property, the fund had its last shut in Q2 2022. The $79.3 million of capital in Fund VI and co-investments was deployed between Q1 2021 and This fall 2022 throughout eight fairness investments with a mixed whole capitalization of $259 million.

The eight investments included 4 industrial offers, two hotel-to-multifamily conversions, one build-for-rent funding and one distressed workplace transaction.

“We’re very happy with the portfolio we constructed for Fund VI which is positioned to carry out properly regardless of present market uncertainties and macroeconomic headwinds,” mentioned Marcus Duley, chief funding officer of WDIP. “We’ve got acquired properties at enticing bases relative to substitute price and are executing enterprise plans that create intrinsic worth. For our new growth investments, we’re on observe to realize stabilized yield-on-costs properly above exit cap expectations. This can serve to guard investor draw back whereas positioning the investments for upside realization.”

Walker & Dunlop Funding Companions was based in 2006 and has gained prominence throughout the nation as one of many actual property {industry}’s main center market funding managers. Since its inception, the agency has invested in or suggested on greater than $14.8 billion of actual property in over 600 transactions.

Added Marcus Duley, “We proceed to stay very lively available in the market and anticipate to see robust funding alternatives on behalf of our managed accounts and any potential future funds.”

About Walker & Dunlop Funding Companions

Walker & Dunlop Funding Companions (“WDIP”) is another funding supervisor that gives capital options to middle-market industrial actual property sponsors. Investing on behalf of insurance coverage corporations, public pension funds, endowments, foundations, household places of work, and high-net value people, WDIP companions with sponsors whose transactions are in want of financing however are under-served by institutional capital. The Denver, Colorado-based agency’s funding autos give attention to opportunistic, value-add, and income-oriented industrial actual property methods. As a completely owned subsidiary of Walker & Dunlop, one of many largest industrial actual property finance corporations in the US, WDIP has unmatched entry to proprietary assets and market intelligence. This partnership gives purchasers distinctive, real-time insights into market actions, valuation, pricing, and underwriting. For extra data, go to www.wdinvestmentpartners.com.

All investments have danger of loss and WDIP can’t assure any funding technique will obtain its objectives and targets. Nothing herein is a proposal to promote any safety, together with an curiosity in any non-public fund.

About Walker & Dunlop

Walker & Dunlop (NYSE: WD) is likely one of the largest suppliers of capital to the industrial actual property {industry}, enabling actual property house owners and operators to deliver their visions of communities — the place People stay, work, store and play — to life. The ability of our folks, premier model, and industry-leading expertise makes us extra insightful and invaluable to our purchasers, offering an unmatched expertise each step of the way in which. With over 1,300 staff throughout each main U.S. market, Walker & Dunlop has constantly been named certainly one of Fortune‘s Nice Locations to Work® and is dedicated to creating the industrial actual property {industry} extra inclusive and various whereas creating significant social, environmental, and financial change in our communities.

View supply model on businesswire.com: https://www.businesswire.com/information/house/20230123005257/en/

Contacts

Investments:
Brian Cornell
Managing Director
Cellphone 303.802.3528
bcornell@walkeranddunlop.com

Media:
Nina Heusinger von Waldegg
Vice President
Cellphone 301.564.3291
data@walkeranddunlop.com

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