National + Apartments | June 1, 2022

Mitchell Resnick has been named head of Walker & Dunlop's newly formed Investment Management & Proprietary Capital Group

Walker & Dunlop Investment Partners, Pacific Life Forge Programmatic JV

Denver-based Walker & Dunlop Investment Partners, Inc. (WDIP) said Wednesday it had partnered with Pacific Life to form a $500-million programmatic joint venture.

The JV will make equity investments in multifamily and industrial properties nationwide. Focusing on the middle market, the partnership will invest $15 million to $50 million in equity per deal alongside sponsors with track records of successful value-add transactions. WDIP expects the JV to invest in up to 30 assets with a total value exceeding $1.5 billion.

“With the current market dynamics in commercial real estate, industrial and multifamily provide more stability than other property types, and we continue to see a steady deal flow of attractive value-add opportunities in these asset classes,” said Mitch Resnick, newly promoted to president of WDIP.

Separately, Walker & Dunlop announced that Resnick had been named head of the newly formed Investment Management & Proprietary Capital Group.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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