Find Real Estate Agents and Homes for Sale


Real Estate News --> Tennessee News

Nashville, TN Homes For Sale & Real Estate


Nashville is commonly referred to as the "Music City" because of the sound it generates, which quickly flies across the nation through fresh artists and unique tracks. The capital of Tennessee is home to the Grand Ole Opry House in Music Valley, the Ryman ...


Archived Story

var wp_ms_start = new Date().getTime(); var utils = new Utils(); Walker & Dunlop reaches national prominence among real estate lenders @import url("http://media3.washingtonpost.com/wp-srv/css/topstrip_teased.css"); @import url("http://media3.washingtonpost.com/wp-srv/css/sidebars.css"); @import url("http://media3.washingtonpost.com/wp-srv/css/bullets.css"); @import url("http://media3.washingtonpost.com/wp-srv/css/feature.css"); @import url("http://media3.washingtonpost.com/wp-srv/css/feature_ls.css"); @import url("http://media3.washingtonpost.com/wp-srv/css/misc_linkset.css"); @import url("http://media3.washingtonpost.com/wp-srv/css/story/main.css"); @import url("http://media3.washingtonpost.com/wp-srv/css/article_media.css"); @import url("http://media3.washingtonpost.com/wp-srv/css/related-bottom-content.css"); @import url("http://media3.washingtonpost.com/wp-srv/css/bookmarking_v2.css"); @import url("http://media3.washingtonpost.com/wp-srv/css/networked-news.css"); @import url("http://media10.washingtonpost.com/wp/css/specials-js.css"); var SA_Message="SACategory=" + 'business/capitalbusiness'; var saveshare_recipe = 'bottom'; // init_save_share(); if ( show_doubleclick_ad && ( adTemplate & BANNER_FLEX_TOP ) == BANNER_FLEX_TOP ) { placeAd('ARTICLE',commercialNode,1,',true) ; } washingtonpost.com  > Business  > Capital Business Walker & Dunlop reaches national prominence among real estate lenders TOOLBOX Resize Print E-mail Reprints By Thomas Heath Monday, April 26, 2010 Walker & Dunlop is not typically known as a national finance powerhouse. But there the 73-year Bethesda real estate finance firm was last week, listed as the ninth-largest commercial real estate lender in the United States, according to a recent survey by the Mortgage Bankers Association. "I am thrilled we are playing with the big boys," said chief executive Willy Walker"Whether we can keep playing with the big boys is another question." Walker said seven of his competitors on the list have market capitalizations of $30 billion or moreAnother has a market cap of $5 billion"And then you have little old Walker & Dunlop," he saidThe other behemoths include Well Fargo, Deutsche Bank and MetLife. Keep in mind, real estate financing markets have shrunk considerablyOnly the very biggest in the commercial lending and life insurance markets have stayed active. "Whereas the list had [J.P.] Morgan, Goldman [Sachs], [Washington Mutual] and Wachovia on it in past years, they either completely stopped lending or were acquired," Walker said. According to Housing Wire, a financial news service for the mortgage market, the recession slowed the supply and demand for new mortgage debtBut mortgage origination has slightly increased as the recession has abated. John Delaney, chairman of CapitalSource, the Chevy Chase-based commercial lender that provides financial products to middle-market businesses, said Walker & Dunlop's secret was "staying focused." "They are best-in-class at mortgage origination tied to a government or agency program, which gave them a huge advantage compared to the real estate capital markets, which have experienced the equivalent of an extinction event." Walker attributes the success to his firm's access to Fannie Mae, Freddie Mac and the Department of Housing and Urban Development. "Some of the deals we did last year are going to be our best deals ever," he said. In 2009, Walker & Dunlop originated more than $2.4 billion in commercial real estate financingThe company services more than $13.2 billion of commercial mortgages and manages the assets of over 1,500 properties across the country. Esko IKorhonen of Federal Capital Partners, a Washington private equity real estate firm, said Walker & Dunlop has built a strong business over several decades. "They have the relationships with Fannie and Freddie, and that has been a good space to be in," Korhonen said"We and most of the real estate investors and developers n Washington have done business with Walker & DunlopThey are highly respected."

Trending Tennessee News:


  • Airbnb predicts TN hosts will earn $2.6M for eclipse rentals
  • Exit Realty Earns Award
  • Tennessee legend Phillip Fulmer shares secrets for strong recruiting finish
  • Tennessee Wildfires Sweep Across the Smoky Mountains
  • Local Real Estate Sectors Show Positive Absorption
  • Education Realty Trust reports 3Q results
  • Headline Homes: April 2017
  • Arson suspected in Little Brushy fire near Petros
  • See inside: Tennessee Brewery redevelopment progressing with 'record' leasing
  • Several TN school districts close for illness - WSMV Channel 4
  • Tennessee Has Fined Residents Almost $100,000 for Braiding Hair Without a License ... Seriously
  • Developer David Chase arrested for public intoxication
  • New Poll Shows Support for Solar in Tennessee
  • Hastings Entertainment center in Tennessee is acquired
  • Goodall Homes opens The Grove at Five Oaks
  • 5 Real Estate Marketing Trends For 2018
  • Tennessee REIT pays $10.35 million for Independence medical office building
  • Adoption in Tennessee is not in the hands of the Juvenile Courts
  • Residents still without power, food after Tennessee storm
  • Group's members benefit from peer mentoring