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W&D Closes $158M MF Debt Fund 

Walker & Dunlop Investors Partners (WDIP) has closed its latest fund, part of a planned series focused on multifamily bridge financing. The fund, led by Geoff Smith, Marcus Duley, and Mitch Resnick, has $157.5 million in equity commitments and aims to utilize leverage to support between $450 million and $600 million in lending capacity.  

The strategy is to originate senior secured bridge mortgage loans with a maximum stabilized loan-to-value of 75%, targeting assets nationwide with a size between $10 million and $100 million. WDIP has already deployed capital across assets in Minnesota, Texas, and Pennsylvania. 

“We are very excited to have closed our first evergreen debt fund, which is dedicated to financing primarily class A quality multifamily assets across the U.S.,” said Geoff Smith, senior managing director and head of debt at WDIP. “We are off to a good start, having deployed capital across three assets in Minnesota, Texas, and Pennsylvania during December. The fund will continue to capitalize on a very attractive market for lending opportunities.” 

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Geoff Smith

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.

  • ◦Financing
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