Walker & Dunlop has taken a big step in becoming a major player in the affordable housing space. The Bethesda-based company aims to acquire Alliant Strategic Ltd which will give the company a “dramatically larger role in the financing and creation of affordable housing units” as stated by Willy Walker.
Walker & Dunlop’s purchase is slated to close during the fourth quarter, subject to regulatory approvals and acceptance by Alliant’s investor and lender partners. Fannie Mae and Freddie Mac would be part of the partner approval process, Walker said.