REAL ESTATE INVESTMENT
prnewswire | November 17, 2020
Anita Lyse, Head of Real Estate for Alter Domus, said: "As we continue to see globalization of real estate as an asset class, investment structures are becoming more complex and administered in more jurisdictions, whose local needs and compliance requirements diverge. Data quality is critical for effective asset servicing and administration across borders. We are pleased to partner with Yardi to enable our Integrated Global Real Estate Solution, as this will further strengthen our ability to provide top quality services with speed, accuracy, and transparency. Combining this with our cloud portal solution, CorPro, gives us a unique technology environment that further enhances our operational processes and enables near real-time access to high-quality, detailed portfolio information to our clients and their investors."
"We are very pleased to partner with Alter Domus on a global basis," said Neal Gemassmer, vice president of international for Yardi. "We are looking forward to working with a company that with a customer-oriented mindset places the highest importance on the quality of service and the personalized attention that each client receives."
About Alter Domus
Many leading international private equity firms, real estate houses, and private debt managers choose Alter Domus as their partner for growth. Solely dedicated to alternative strategies, their established network of 2,500 employees provide fund administration, corporate services, depositary services, transfer pricing, domiciliation, management company services, loan administration, agency services, trade settlement and CLO manager services across more than 40 offices and desks globally.
REAL ESTATE TECHNOLOGY
Walker & Dunlop, Inc. | November 16, 2021
Walker & Dunlop, Inc. announced the launch of a new digital lending platform powered by machine learning to dramatically grow its small balance multifamily lending business.
"Multifamily investors want a faster and more transparent borrowing experience, That's why we asked our data scientists and engineers to automate loan sizing and pricing. We created a more efficient process for investors to review financing options, tailor them to their projects' needs, and monitor the loan process with dramatically more transparency – all through our custom-built technology."
- Walker & Dunlop Senior Vice President and Chief Production Officer Alison Williams.
Walker & Dunlop's small balance technology platform brings the following advantages:
Streamlined lending experience that automatically generates quotes in minutes utilizing predictive algorithms and property cash flows
Interest rate and property value calculations using proprietary data on real-time rents, expenses, and sales comparables
Greater transparency of loan terms from quote to close
Walker & Dunlop will continue to accelerate the growth of its small multifamily loan platform by automating underwriting processes, expanding its brand as the premier multifamily lender in the U.S., and combining its best-in-class people with best-in-class technology to deliver the best financing experience to our clients.
Walker & Dunlop is the top provider of capital to the U.S. multifamily market, originating $31 billion in transactions and financing over $24 billion of multifamily properties in 2020. The company is also a top-ranked Agency lender and was named the #1 Fannie Mae DUS® Lender and #4 Freddie Mac Optigo® Lender in 2020. Walker & Dunlop's dedicated team has experience with all loan types within the small multifamily loans space, including Freddie Mac Small Balance Loans and Fannie Mae Multifamily Small Loans, which provide financing for different property types, such as market-rate properties, mixed-use properties, and manufactured housing communities (MHC).
Multifamily loans under $10 million in size accounted for $80 billion in total loan volume in 2020 and 22% of all commercial mortgage originations. This fast-growing market is highly fragmented with more than 3,000 capital providers. Walker & Dunlop is using its people, brand, and technology to scale rapidly and grow market share in this exciting market.
About Walker & Dunlop
Walker & Dunlop (NYSE: WD) is the largest provider of capital to the multifamily industry in the United States and the fourth largest lender on all commercial real estate including industrial, office, retail, and hospitality. Walker & Dunlop enables real estate owners and operators to bring their visions of communities — where Americans live, work, shop and play — to life. The power of our people, premier brand, and industry-leading technology make us more insightful and valuable to our clients, providing an unmatched experience every step of the way. With over 1,000 employees across every major U.S. market, Walker & Dunlop has consistently been named one of Fortune's Great Places to Work® and is committed to making the commercial real estate industry more inclusive and diverse while creating meaningful social, environmental, and economic change in our communities.
Berkshire Hathaway | April 13, 2022
On April 12th, leading real estate brokerage network announced the expansion of its presence in Florida with the launch of Berkshire Hathaway HomeServices Palm West Realty. This will be the organization’s 13th franchise network in the state of Florida.
Industry veterans Fred Lewers and Lou Delgado will be the co-owners of the firm. It will cater to the residential and luxury real estate market in the state in areas such as Flagler, St. Johns, and Volusia Counties.
Fred, who is originally from Staten Island, NY was a former firefighter with the city and retired after 20 years of service. He also served in the U.S. Army Reserve and retired as a Sergeant Major after 26 years. Lou moved to Palm Coast from east Setauket, New York almost 42 years ago. He managed and owned Tropicana Products distribution routes.
Lou commented, “Providing our clients with an extraordinary experience from start to finish is at the core of everything we do here. Aligning with the Berkshire Hathaway HomeServices global brand will allow us to reach new heights in real estate. We are excited to reach new potential.”
Palm Coast was recently designated the #1 retirement community, making it a local hotspot. We are pleased to welcome Lou, Fred, and the entire team to real estate's Forever Brand. The team has been in the market for over 40 years and are well-equipped to represent the significant number of high-net-worth individuals and families coming to the market.”
Christy Budnick, CEO, Berkshire Hathaway HomeServices
As part of the network, agents of the Berkshire Hathaway HomeServices Palm West will gain access to the parent organization’s active relocation and referral network and its suite of cloud technology.