Walker & Dunlop Hires Senior Vice President, Capital Markets Group - Bethesda, MD

BETHESDA, Md., Jan. 3, 2012 /PRNewswire/ -- Walker & Dunlop, Inc. (NYSE: WD) (the "Company") announced today that it hired David J. Redmond as senior vice president in its capital markets group. Mr. Redmond will focus on financing all types of income producing properties including office, apartments, hotels, industrial and retail in the mid-Atlantic region.

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"We have an outstanding group of top mortgage bankers and adding David Redmond only makes our capital markets team that much stronger," said J. Tyler Blue, executive vice president.  "As we continue to execute on our strategic plan of adding origination talent to grow revenues and broaden our market reach, Dave's experience and accomplishments over the years make him an extremely valuable and dynamic addition to our company."

Prior to joining Walker & Dunlop, Mr. Redmond was managing director of Penrose Financial Services, the mortgage banking arm of The Penrose Group, a developer, owner and investor in commercial real estate. Prior to Penrose, he was a partner and founder of Purcell Capital. Prior to Purcell Capital, Mr. Redmond was a vice president at Smith Barney Inc. and director of multifamily structured transactions at Freddie Mac.

Mr. Redmond is a former member of the Board of Governors of the Mortgage Bankers Association and holds a bachelor's degree from Cortland College and a diploma in real estate investment and analysis from New York University.

Mr. Redmond can be reached at 301-202-3248 or [email protected].

About Walker & Dunlop
Through its subsidiary Walker & Dunlop, LLC, Walker & Dunlop, Inc. (NYSE: WD) is one of the leading providers of commercial real estate financial services in the United States, with a primary focus on multifamily lending. As a Fannie Mae DUS(TM), Freddie Mac Program Plus® and MAP- and LEAN-approved FHA lender, the Multifamily and FHA Finance groups of Walker & Dunlop are focused on lending to property owners, investors, and developers of multifamily properties across the country. The Capital Markets group specializes in financing commercial real estate for owners and investors across the United States. Capital for this financing comes from large institutions such as life insurance companies, commercial banks, CMBS lenders, pension funds, and specialty finance companies. The Principal Investment group provides institutional advisory, asset management, and investment management services with respect to debt, structured debt and equity.

SOURCE Walker & Dunlop

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