Walker & Dunlop announced today the acquisition of CW Capital LLC . The combination will create one of the largest commercial real estate lenders in the nation.
CWCapital is a leading lender to the multifamily, healthcare and commercial real estate industries with in-house origination capabilities for Fannie Mae, Freddie Mac, HUD, life insurance companies and conduits. CWCapital originated $3.7 billion of loans in 2011. Founded in 1972 in Needham, MA, CWCapital currently has approximately $16.8 billion in commercial mortgages, and has closed over $20 billion in commercial real estate financing since 1994.
Michael Berman, CEO of CWCapital, will take a senior leadership role at Walker & Dunlop.