MF1 Capital Provides $204 Million Loan to Walker & Dunlop for The Axel Refinance

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WD Intrinsic Value – Walker & Dunlop ($NYSE:WD) is a publicly traded company that provides commercial real estate financing, investment, and advisory services in the United States. On Wednesday, Walker & Dunlop secured $204 million in loan proceeds from MF1 Capital to refinance The Axel, a 29-story mixed-use multifamily and commercial asset with 284 multifamily units located in Brooklyn, New York.

A team led by Michael Squires and Will Trotsky handled the financing for MF1 Capital. “This transaction illustrates MF1’s continued ability to execute on structured loans for high-quality assets in a turbulent market, all the while closing in less than 35 days,” said Michael Squires, managing director at Limekiln Real Estate / MF1 Capital.

Market Price

The company has a strong track record of successful loan originations and has a long history of working with MF1 Capital. The news of the loan did not have a significant impact on Walker & Dunlop’s stock price, which has been on a steady decline since early May.

VI Analysis – WD Intrinsic Value Calculator

The company’s fundamentals reflect its long-term potential and its intrinsic value is around $104.9 per share. The company is currently trading at $81.0 per share, which represents a 23% discount to its intrinsic value.

VI Peers

It operates through the following segments: Agency Lending, Capital Markets, FHA Finance, and Servicing. The Agency Lending segment offers long-term permanent financing. The Capital Markets segment includes investment sales, loan sales, and commercial servicing. The FHA Finance segment focuses on multifamily and healthcare financing through government-sponsored enterprises. The Servicing segment pertains to loan administration and asset management. The company was founded by William H. Walker, C. Duncan Dunlop, and Howard J. Cooper in 1937 and is headquartered in Bethesda, MD.

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Summary

The company offers a variety of financing products, including loans for acquisitions, refinancings, and new developments. Walker & Dunlop has a strong track record of success in the commercial real estate industry, and its experienced team of professionals can provide the capital you need to grow your business.