Walker & Dunlop, the lender controlled by Fortress Investment Groups, has completed the formation of a commercial mortgage backed securities platform with its largest shareholder.

In a conference call following the release of 2013 earnings this week, the company said it expects to start issuing loan applications during the first quarter and to complete its first securitization in early second quarter.

Production goals for the new CMBS platform include $1.25 billion in CMBS lending in 2014 and $1.5 billion in 2015.  

 “Our entry into the CMBS market is highly anticipated,” said Willy Walker, Chairman and CEO of Walker & Dunlop. “We have a fantastic partner in Fortress, we’ve assembled a first rate management team and we have a tremendous distribution network to feed loans into our CMBS execution.”

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