Stratrix
On the Record · Walker & Dunlop

Walker & Dunlop acquisitions, on the record

The businesses Walker & Dunlop bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
GeoPhy
Word for word“To further this strategy, in 2022, we acquired a Netherlands-based company called GeoPhy to support our small-balance lending platform with data analytics and to further advance our technology development capabilities in this area.” 10-K for 2023
acquisition2022—
Zelman & Associates
Word for word“We own a 75% interest in a subsidiary doing business as Zelman & Associates (“Zelman”).” 10-K for 2023
acquisition——
Apprise
Word for word“Subsequent to the GeoPhy acquisition, Apprise is a wholly-owned subsidiary of Walker & Dunlop.” 10-K for 2023
acquisition——
Alliant
Word for word“For example, our expansion into LIHTC syndication and broker-dealer activities in 2021, as a result of the Alliant and Zelman acquisitions, has subjected us to new regulatory requirements.” 10-K for 2023
acquisition2021—
WDAAC, LLC / Alliant Company, LLC (Alliant)
Word for word“2.5 ​ Purchase Agreement, dated as of August 30, 2021, by and among Walker & Dunlop, Inc., WDAAC, LLC, Alliant Company, LLC, Alliant Capital, Ltd., Alliant Fund Asset Holdings, LLC, Alliant Asset Management Company, LLC, Alliant Strategic Investments II, LLC, ADC Communities, LLC, ADC Communities II, LLC, AFAH Finance, LLC, Alliant Fund Acquisitions, LLC, Vista Ridge 1, LLC, Alliant, Inc., Alliant ADC, Inc., Palm Drive Associates, LLC, and Shawn Horwitz (incorporated by reference to Exhibit 2.5 of the Company’s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2021)” 10-K for 2024
acquisition——
GeoPhy B.V. (GeoPhy)
Word for word“2.7†† ​ ​ Share Purchase Agreement, dated February 4, 2022, by and among Walker & Dunlop, Inc., WD-GTE, LLC, GeoPhy B.V. (“GeoPhy”), the several persons and entities constituting the holders of all of GeoPhy’s issued and outstanding shares of capital stock, and Shareholder Representative Services LLC, as representative of the Shareholders (incorporated by reference to Exhibit 2.6 of the Company’s Annual Report on Form 10-K for the year ended December 31, 2021)” 10-K for 2024
acquisition——
WDAE
Word for word“Although we have already achieved this goal, primarily through the acquisition of WDAE, we will continue to seek to grow our AUM, including in other areas of commercial real estate, as we are routinely asked by our clients to help them raise more complex capital solutions.” 10-K for 2024
acquisition——
CW Financial Services LLC and CWCapital LLC (CWCapital)
Word for word“2.4 ​ Purchase Agreement, dated June 7, 2012, by and among Walker & Dunlop, Inc., Walker & Dunlop, LLC, CW Financial Services LLC and CWCapital LLC (incorporated by reference to Exhibit 2.1 to the Company’s Current Report on Form 8-K/A filed on June 15, 2012)” 10-K for 2024
acquisition——
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedGoodwill from acquisitions
2016-12-31$6.1 million
2017-12-31$27.3 million
2018-12-31$50.1 million
2019-12-31$6.5 million
2020-12-31$68.5 million
2021-12-31$449.7 million
2022-12-31$222.7 million

Deal filings since 2016

Read from Walker & Dunlop’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-26. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.