Walker & Dunlop, Inc. (NYSE: WD) announced that it has hired a South Florida team to join its Capital Markets group. Senior Vice Presidents & Managing Directors, Kevin O'Grady, Daniel R. Sheehan, and Eric McGlynn, along with their support-staff, will be based out of Miami, Florida in the Company's newest office. As part of Walker & Dunlop's Capital Markets group, the team advises owners and operators of real estate as well as developers in arranging financing nationwide with institutional capital providers such as banks, life insurance companies, and CMBS conduits. Together, they have closed in excess of $13 billion in structured financing transactions including identifying sources of equity, mezzanine lending, construction financing and portfolio recapitalizations.
Walker & Dunlop has established a goal of growing its sales force of finance and investment sales professionals by 25 percent by the end of 2016, and hiring established teams with industry expertise is a significant part of this growth strategy. With combined commercial real estate finance experience of almost 60 years, the Miamiteam has structured financing for a wide range of asset types including office, retail, industrial, and multifamily properties as well as condo conversion and development, and large mixed-use projects.
Walker & Dunlop President, Howard W. Smith, commented, "We are thrilled not only to welcome three new talented originators to Walker & Dunlop but also to expand our presence in the Miami region with the addition of this team. Kevin, Dan, and Eric bring diverse experience and a proven track record of leadership in the commercial real estate finance space and will be an incredible asset to Walker & Dunlop and our clients. The team is a great cultural fit, a key consideration for us in the hiring process, and we're confident that they will hit the ground running as part of the W&D platform."
Messrs. O'Grady, Sheehan, and McGlynn joined Walker & Dunlop from Cohen Financial where they were responsible for structuring and placing equity and debt for real estate investment and development projects nationwide.
About Walker & Dunlop
Walker & Dunlop (NYSE: WD), headquartered in Bethesda, Maryland, is one of the largest commercial real estate 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 500 professionals in 26 offices across the nation with an unyielding commitment to client satisfaction.
