Lenders W&D, CWCapital Join Forces In $220M Merger

Law360, New York (June 8, 2012, 2:44 PM EDT) -- Maryland-based Walker & Dunlop Inc. has inked a $220 million deal for private equity-backed CWCapital LLC, creating one of the biggest commercial real estate lenders in the U.S. out of firms that posted $7.7 billion in new loans last year, W&D announced Friday.

The merged company will oversee an aggregate servicing portfolio of more than $33.7 billion and will become one of the largest commercial real estate loan originators for government-sponsored mortgage companies Fannie Mae and Freddie Mac, W&D executives told analysts during a conference call....
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.