Walker & Dunlop has expanded its Northern California sales team with the addition of three strategic new hires. Nate Oleson has joined the firm as managing director and Marc Andenmatten and Mike Colhoun have joined as senior directors. With the addition of this team, Walker & Dunlop enters the investment sales market in Northern California.
The three new hires specialize in institutional multifamily investment sales and join Walker & Dunlop from Newmark Knight Frank, ARA and Arroyo & Coates. They have a combined 44 years of experience and have completed transactions across a wide range of property types, from garden-style to affordable to market-rate properties. "Nate, Marc, and Mike will prove invaluable, given their incredible track record with institutional and middle market clients across the country," said Walker & Dunlop EVP of investment sales Kris Mikkelsen in a statement.
Walker & Dunlop has an aggressive growth plan, aimed at surpassing $25 billion in annual multifamily property sales volume by 2025. In 2020, Walker & Dunlop was the top provider of capital to the U.S. multifamily market, originating $31 billion in transactions and lending over $24 billion for multifamily properties. In 2021, it racked up $5.2 billion in property sales volume in the third quarter, an increase of 373% year-over-year.
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