Walker & Dunlop to Secure Acquisition Financing for Greystar
Bethesda, Maryland - June 15, 2017 - Walker & Dunlop, Inc.(NYSE: WD) announced today that it has been retained by Greystar Growth and Income Fund, LP and affiliated parties to secure financing for its acquisition of Monogram Residential Trust. The transaction is expected to close during the second half of 2017.
"This will be the largest transaction in Walker & Dunlop's history, and it is an honor to be working for Greystar and its prestigious group of partners," commented Walker & Dunlop CEO Willy Walker. "As we have grown Walker & Dunlop -- in number of offices, number of bankers and brokers, and annual loan origination volume -- we have also grown Walker & Dunlop's brand and reputation. This growth has opened new doors, including being asked by the country's preeminent owners and developers of commercial real estate to finance larger and more complex transactions."
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.
Forward Looking Statements
Top Company Interviews
The statements regarding the anticipated closing date for the transaction contained in this press release may constitute forward-looking statements within the meaning of the federal securities laws. The statements concerning the anticipated closing date reflect our current views and are subject to numerous known and unknown risks, uncertainties, assumptions and changes in circumstances that may cause actual results to differ significantly from those expressed or contemplated in this press release.
While the statements regarding the anticipated closing date reflect our good faith projections, assumptions and expectations, they are not guarantees of future results. Furthermore, we disclaim any obligation to publicly update or revise any statement regarding the anticipated closing date to reflect changes in underlying assumptions or factors, new information or data, future events or other changes, except as required by applicable law. The closing of the transaction is subject to numerous closing conditions, including third-party approvals and consents, which are outside of our control. Any failure or delay in the satisfaction of such conditions may cause the transaction to not occur or delay the closing of transaction beyond the second half of 2017.
For a further discussion of other factors that could cause future results to differ materially from those expressed or contemplated in any forward-looking statements, see the section titled ''Risk Factors" in our most recent Annual Report on Form 10-K, as it may be updated or supplemented by our Quarterly Reports on Form 10-Q and our other filings with the SEC. Such filings are available publicly on our Investor Relations web page