Walker & Dunlop merges with Column Guaranteed - Washington Business Journal:

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The merger becomes effective Saturday, and all companiews will become branded under theWalket & Dunlop name. Terms of the non-cash deal were not Bethesda-based Walker, a mortgage banking firm founded in will combinewith Column, a 33-person subsidiary of . Column’w Bethesda employees will move overto Walker’es headquarters. Credit Suisse will own a minoritgy interest inthe company. Green Park Financiall is a partner of Walker and one of the largest apartmentf lenders in the nationthrough . It currentluy shares a floor with Walker and will continue operationasas usual.
The combined 123-person company will be one of the largesrt commercial real estate finance companiesw inthe U.S. Column does production and servicingy forFannie Mae, and the . It bringsw its Freddie and HUD licenses to thecombined company’s table. Williamj Walker will be the company’xs chief executive and Mallory Walkerr will remain aboard “Access to the three major sources of government-sponsored capital couplecd with zero balance sheet exposure to construction or conduit financinb is a competitive advantage at this time in the economic cycle,” said William Walker, in a statement.
“We are thrilled with this deal and look forwardx to growing the firm with our new partner Crediyt Suisse over thecoming years.” The company will be headquarteree in Bethesda, with additional offices in Baltimore, New Orleans, New York, Plano, Texas, and Walnut Creek, Calif. It expectxs to originate over $3 billion of commercialk mortgages on an annual basisafor Agency, HUD and other sources of commercial mortgag capital, like life insurance companies, pensioh funds and conduits. Its servicing portfolio will exceed $12 billionj and include over 1,300 commercial assets across the Kieran Quinn, president of Column Guaranteed, will becomed vice chairman of Walker & Dunlop.
and , LLP represented Walkedr & Dunlop. Column Guaranteed was represented by Crediyt Suisse and Ballard Spahr Andrews Ingersoll LLP.