BETHESDA, MD—Walker & Dunlop CEO WillyWalker and CFO Steve Theobaldtold shareholderslast month that the first group of loans in thecompany's CMBS platform, established lastNovember, was moving towards securitization. Right onschedule, the company announced this week that it has contributedits first $58 million of collateral in multifamilyand retail loans for an upcoming securitization with WellsFargo.
The securitization has priced and is expected to close on Sept.29.
W&D's CMBS platform is on track to contribute $200million in collateral to future securitizations by the endof 2014, it also said.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
