Multifamily property specialists join Walker & Dunlop from Berkadia

by Jason Porterfield

Jennifer Ray

One of the top-producing real estate sales teams in Houston has joined Walker & Dunlop, giving the firm access to new opportunities in the multifamily property market.

Led by managing directors Ryan Epstein and Jennifer Ray, the team came over to the Walker & Dunlop Investment Sales platform from Berkadia. Epstein and Ray headed the investment sales team at Berkadia and have closed on apartment sales totaling more than $7.5 billion over the course of their careers.

Other team members making the transition from Berkadia include director Scott Bray, senior analyst Chris Cassidy, transaction coordinator Lauren Ehlers, transaction manager Leslie Ginzel, senior director Nathan Jones and senior graphic designer Jamie VanWunnik.

Ryan Epstein

“Ryan and I are thrilled to be joining a forward-looking platform that invests in its people and technology and promotes a collaborative culture, all to help us best serve our clients,” Ray said. “We look forward to collaborating with our new teammates around the country who are truly the best at what they do.”

The brokerage team has 29 years of combined experience in representing and advising major sponsors. It has a strong reputation for providing valuable insights and high-quality services to clients.

The team is joining one of the fastest-growing commercial real estate finance companies in the U.S. Walker & Dunlop had $6.1 billion in volume in 2020, a 14% increase from the previous years. In the past year, new teams were added to the WDIS platform in Austin, TX; Chicago, IL; Columbus, OH; Los Angeles, CA; Nashville, TN; and South Florida.

“Houston is one of the largest and historically most active investment sales markets in the country and has been one of our target markets for some time,” said Walker & Dunlop executive vice president Kris Mikkelson. “We set the goal to grow our property sales volume to $25 billion by 2025 as part of our Drive to ‘25, and adding top talent like Ryan and Jennifer in new focus markets will be key to our success. We are very excited to welcome the team to Walker & Dunlop.”

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