Walker & Dunlop Investment Partners makes final investment from $80m Fund VI
Walker & Dunlop Investment Partners (WDIP) has made the final investment from its sixth fund, Walker & Dunlop Investment Partner Fund VI.
Launched in first quarter 2021 with a strategy to invest in niche, opportunistic middle-market commercial real estate, the fund had its final close in second quarter 2022. The $79.3 million of capital in Fund VI and co-investments was deployed between first quarter 2021 and fourth quarter 2022 across eight equity investments with a total capitalization of $259 million.
The eight investments included four industrial deals, two hotel-to-multifamily conversions, one build-for-rent investment and one distressed office transaction.
“We are very pleased with the portfolio we built for Fund VI which is positioned to perform well despite current market uncertainties and macroeconomic headwinds,” said Marcus Duley, CIO of WDIP. “We have acquired properties at attractive bases relative to replacement cost and are executing