Commercial real estate finance company Walker & Dunlop has acquired a controlling interest in the investment sales platform of Engler Financial Group, LLC.
Engler is an investment advisory and brokerage firm focused exclusively on providing investment sales services to owners of multifamily properties in the southeastern United States.
Walker & Dunlop Investment Sales, as the new entity will be known, will expand the platform nationally.
From 2012 through 2014, Engler completed $2.2 billion in investment sales through 51 transactions. Since the firm’s founding in 2003, Engler has worked on $10 billion of multifamily investment sales transactions.
The entire Engler team will join Walker & Dunlop Investment Sales. Greg Engler, Engler’s founder and CEO, will become executive vice president of Walker & Dunlop Investment Sales, and Kris Mikkelsen, chief operating officer of Engler, will become managing director and COO of the new entity.
“Having Engler as the cornerstone of Walker & Dunlop Investment Sales’ platform, with Greg and his team’s expertise and leadership spearheading our growth across the nation, is exactly the way we wanted to enter this market,” said Walker & Dunlop Chairman and CEO, Willy Walker.
“Walker & Dunlop’s leadership position in the multifamily finance market, coupled with the existing and future investment sales platform that Engler creates, will bring additional client touch points, revenues, and shareholder value to Walker & Dunlop.”