Walker & Dunlop this week announced the creation of an 11-person investment sales team that will engage in a wide range of affordable housing segments, helping it to broaden its overall real estate debt financing services.
The new team of tenured affordable housing experts has experience in Rural Development, Section 8, and Section 42 LIHTC.
Walker & Dunlop said the team will also engage in LIHTC equity, affordable housing preservation, appraisals, development support and construction management, affordable compliance software solutions, and investment sales and advisory.
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The team is led by managing directors Aaron Hargrove and Eric Taylor, formerly of Greystone Real Estate Advisors. Walker & Dunlop has set a goal of originating $60 billion of affordable and workforce housing loans by 2025.
It will also provide analysis and brokerage services for property owners in any situation, including disposition, refinancing, partnership dissolution, partnership buyout, asset repositioning, resyndication, and qualified contract execution, according to the company's release.
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