Walker & Dunlop, Inc. (NYSE: WD) announced today that it has hired Gregory Krafcik as a managing director on its Capital Markets team, which brokers commercial real estate loans to life insurance companies, banks, and commercial mortgage-backed security (CMBS) lenders and sources Fannie Mae, Freddie Mac, and United States Department for Housing and Urban Development loans. Mr. Krafcik is based out of Walker & Dunlop's Atlanta, Georgia office and is responsible for sourcing and structuring permanent, bridge, and construction loans for all commercial real estate property types.
As one of Fortune's Fastest Growing Companies, Walker & Dunlop continues to expand across the United States and is dedicated to increasing the presence of its Capital Markets platform. The acquisitions of certain assets from George Elkins Mortgage Banking Company in November 2016 and Deerwood Capital in February 2017, as well as strategic new hires like Gregory Krafcik, have contributed to a significant increase in the Company's brokered loan originations. In the first three quarters of 2017, the Capital Markets team closed a record $5 billion in total brokered volume, up 22 percent from the full-year 2016 figure.
Walker & Dunlop Senior Vice President & Chief Production Officer for the Eastern Region of the Capital Markets group, Bill Wein, remarked, "We are thrilled to welcome Greg to Walker & Dunlop's Capital Markets team. He brings extensive knowledge, strong customer relationships, and vast experience from working in the Southeast commercial real estate market for over a decade. With his addition, we look to continue the growth and success of our Capital Markets platform, which has had outstanding performance this year."
Mr. Krafcik has over 12 years of experience in the commercial real estate industry and has completed over $4 billion in loan originations utilizing life insurance, CMBS, and Agency capital sources. Prior to joining Walker & Dunlop, Mr. Krafcik served as managing director at Greystone & Co. where he was head of CMBS originations for the Southeast. Before Greystone & Co., Mr. Krafcik served as a director at Prudential Mortgage Capital Company (PMCC) where he was head of originations for the Southeast.
About Walker & Dunlop
Walker & Dunlop (NYSE: WD), headquartered in Bethesda, Maryland, is one of the largest commercial real estate services and finance companies in the United States providing financing and investment sales to owners of multifamily and commercial properties. Walker & Dunlop, which is included in the S&P SmallCap 600 Index, has over 600 professionals in 28 offices across the nation with an unyielding commitment to client satisfaction.