Walker & Dunlop Investment Partners (WDIP) announced this week it has invested $500 million in a joint venture with Pacific Life.

Mitch Resnick, President, WDIP, said in prepared remarks, that the fund would seek attractive value-add opportunities in these sectors with the aim to create a steady deal flow.

The joint venture will make equity investments in multifamily and industrial properties across the US, focusing on the robust middle market of real estate.

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