Walker & Dunlop Buying CWCapital for $220M, Rank Among Top CRE Lenders

Bethesda, MD-based commercial mortgage company Walker & Dunlop Inc. is buying fellow lender CWCapital LLC from an affiliate of Fortress Investment Group for $ 220 million in cash and stock. The combination is expected to create one of the largest commercial real estate lenders in the U.S., with a combined $ 7.7 billion of commercial real estate loan originations in 2011 and an aggregate servicing portfolio that exceeds $ 33.7 billion.

Together, the…
National Commercial Real Estate News From CoStar Group