Walker & Dunlop has announced today its strategic move into hospitality investment sales with the addition of Jonathan (Jay) Morrow as senior managing director.
Morrow will lead Walker & Dunlop’s hospitality practice and be responsible for the origination and execution of hospitality investment sales and capital placement across the United States. He will be based in New York.
“Multifamily has been the cornerstone of Walker & Dunlop's growth and competitive market position,” said Willy Walker, chairman and CEO of Walker & Dunlop. “But just like in our financing business, once we built a defendable market position in multifamily investment sales, we planned to move into other asset classes. Jay Morrow's deep knowledge of the hospitality industry, transaction track record and leadership capabilities make him the perfect person to lead this expansion for our company.”
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