Walker & Dunlop Grows Phoenix Team
- Dec 22, 2016
Phoenix—Walker & Dunlop Inc. announced the appointment of Thomas Sigrist and Brad Burns as senior vice presidents for the company’s FHA Finance group. Sigrist and Burns will both be based out of the company’s Phoenix office, in charge of originating loans through the U.S. Department of Housing and Urban Development for multifamily and healthcare transaction.
“They bring with them extensive HUD experience, relationships and an excellent track record of success in structuring more than $2.2 billion in financing solutions for their clients,” Michelle Warner, executive vice president & FHA group head, said in a prepared statement. “We see great growth potential within the HUD lending space with the ageing population driving a need for significant healthcare lending and with the current market dynamics making HUD lending generally more in favor with commercial real estate investors. This was evidenced by the 249 percent growth in our HUD volumes in the third quarter of this year.”
Prior to their appointments, Sigrist and Burns worked at Berkadia Commercial Mortgage LLC both being responsible for HUD leasing, originating over $2 billion in HUD loans throughout their careers.
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