Walker & Dunlop Acquires CWCapital

Published June 11, 2012, 12:21 p.m. EDT

1 Min Read

Walker & Dunlop announced Friday the acquisition of CWCapital. The combination will create one of the largest commercial real estate lenders in the nation.

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CWCapital is a commercial mortgage lender to the multifamily, health care 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, Mass., 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.

Nora Colomer

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