Walker & Dunlop to acquire Alliant Capital

Walker & Dunlop has entered into a definitive agreement to acquire Alliant Capital Ltd. and its affiliates, Alliant Strategic Investments and ADC Communities, a privately held alternative investment manager focused on the affordable housing sector through low-income housing tax credit (LIHTC) syndication, joint venture development and community preservation fund management.

Alliant is the sixth-largest LIHTC syndicator in the United States, and since inception, has participated in the development of more than 100,000 affordable units serving more than 400,000 families. It has $14 billion of affordable assets under management, adding to Walker & Dunlop's $2 billion of assets under management.

Willy Walker, Walker & Dunlop chairman and CEO, stated, "Alliant is one of the largest and most respected tax credit syndicators and affordable housing developers in the country. The addition of their people, assets and capital formation capabilities immediately