Walker & Dunlop Investment Partners Closes Seventh Discretionary Equity Fund

Walker & Dunlop Investors Partners (“WDIP”) announced the successful closing of its seventh discretionary equity fund, Fund VII, a $135 million value-add and opportunistic vehicle focused on middle market multifamily and industrial real estate across the U.S.

Fund VII, managed by Brian Cornell, Ryan Castle, Marcus Duley, and Mitch Resnick, has already seeded eight investments, totaling over 50% of its capital commitments, and is well on its way to fully deploying into what the team believes to be an exceptionally favorable market. The fund targets 15%+ net returns and 1.5x+ net multiples by capitalizing on underutilized and mispriced assets with actionable value enhancement plans. The fund’s core focus is on middle market deals with equity checks ranging from $5 million to $25 million, targeting investments that often fly under the institutional radar.

“Fund VII is a smaller, tactical equity vehicle designed to deploy capital quickly and efficiently in a space ripe with current opportunity and limited competition amongst equity providers” said Cornell, managing director and head of equity at WDIP. “Our goal is to provide investors with a diverse portfolio of 2024 and 2025 vintage investments benefitting from cyclical pricing lows, strong long term demand fundamentals, and higher stabilized yield profiles that can withstand higher interest rates and generate very attractive risk adjusted returns.”

‍Walker & Dunlop Investment Partners (“WDIP”) is a real estate private equity firm which manages capital on behalf of endowments, foundations, pension plans, private funds, insurance companies, family offices and high net worth individuals. With $6.3 billion of assets under management, WDIP invests debt and equity capital in value-added, opportunistic, distressed, and special situation transactions through a series of private funds, joint ventures and separately managed accounts. Over the past 18 years WDIP has invested $16.6 billion in debt and equity across 610 transactions. WDIP is a wholly owned subsidiary of Walker & Dunlop, Inc. (NYSE: WD), one of the largest commercial real estate finance and advisory services firms in the United States. Our ideas and capital create communities where people live, work, shop, and play. The diversity of our people, breadth of our brand and technological capabilities make us one of the most insightful and client-focused firms in the commercial real estate industry. For more information, visit www.wdinvestmentpartners.com.

This Presentation does not constitute an offer to sell or a solicitation of an offer to purchase an Interest. Any such offer or solicitation shall be made only pursuant to the confidential private placement memorandum of the Fund as it may be amended, supplemented or restated from time to time (the “Memorandum”), which would contain material information (including certain risks of investing in the Fund) not contained in this Presentation and which would supersede and qualify in its entirety the information set forth in this Presentation.

ANY INVESTMENT INVOLVES RISK, AND NUMEROUS FACTORS COULD CAUSE THE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF WDIP MULTI-RES AND INDUSTRIAL FUND, L.P. (“THE FUND”) TO BE MATERIALLY DIFFERENT FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS THAT MAY BE EXPRESSED OR IMPLIED BY STATEMENTS AND INFORMATION IN THIS PRESENTATION. SHOULD ONE OR MORE OF THESE RISKS OR UNCERTAINTIES MATERIALIZE, OR SHOULD UNDERLYING ASSUMPTIONS PROVE INCORRECT, ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THIS PRESENTATION.

Target, Projected (sometimes expressed as a range of Target/Projected returns), and Actual Net IRRs and Multiples represent the pre-tax internal rate of return, or estimated portfolio-level range to investors on invested capital based on (x) the actual or expected performance of the investments and (y) WDIP’s best estimated management fees, carried interest and fund expenses for the applicable investment fund and takes into account, amongst other variables, capital contributions, rebalances of capital contributions, distributions, and, when applicable, deemed contributions and distributions. In addition, Projected and Actual Net IRRs and Multiples represent compound annual internal rates of return, calculated on the basis of the actual timing of investment outflows and inflows.  Total Capitalization of an investment property represents the total equity and debt on such investment property and will typically include sponsor equity, investment equity and senior GSE or third-party senior debt. Assets under management (“AUM”) represents the outstanding Total Capitalization of all equity investments made and managed through WDIP funds, co-investment vehicles, SMAs and ILP/CPF debt teams (both on an advisory and non-advisory basis) as of March 31, 2025. Regulatory AUM (“RAUM”), as reported and updated from time to time on our ADV brochure, is currently estimated as $2.32 billion as of March 31, 2025.

About Walker & Dunlop

Walker & Dunlop (NYSE: WD) is one of the largest commercial real estate finance and advisory services firms in the United States and internationally. Our ideas and capital create communities where people live, work, shop, and play. Our innovative people, breadth of our brand, and our technological capabilities make us one of the most insightful and client-focused firms in the commercial real estate industry.