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Walker & Dunlop Strikes $700M Deal for Alliant Capital
Walker & Dunlop, Inc. has entered into a definitive agreement to acquire Woodland Hills, CA-based Alliant Capital, Ltd. and its affiliates, Alliant Strategic Investments and ADC Communities, for $696 million. Alliant is the sixth largest low-income housing tax credit syndicator in the U.S. and adds $14 billion of affordable housing assets under management to Walker & Dunlop’s portfolio.
Willy Walker, Walker & Dunlop chairman and CEO, said, “Alliant is one of the largest and most respected tax credit syndicators and affordable housing developers in the country. The addition of their people, assets, and capital formation capabilities immediately makes Walker & Dunlop a market leader in affordable housing — lending, sales, and tax credit syndication.”
Beekman Advisors represented Alliant as financial advisor in the transaction. The acquisition is expected to close during the fourth quarter, subject to certain regulatory approvals and consents of Alliant’s investor and lender partners.
- ◦Sale/Acquisition
