Commercial Real Estate in a Pandemic Market with Willy Walker

We are living in a yield-starved world, and commercial real estate continues to serve up what hungry investors want most. In this episode of The Yield, Peter Kerr, CFA, is joined by Willy Walker, chairman, and CEO of Walker & Dunlop, one of the largest commercial real estate financing companies in the US, for a discussion on the ever-moving real estate market in the time of COVID.Key Takeaways:[1:20] The impressive growth of Walker & Dunlop and key factors that drive their performance.[6:20] The competitive advantages of having a relatively smaller balance sheet.[8:21] Single asset versus multiple asset CMBS and the risks of each in today’s market.[12:37] 2021 was a high transaction year in commercial real estate despite the pandemic.[16:19] What is the future of office real estate?[19:36] Insights into the affordable housing crisis in America.[26:08] Who is modeling how to solve this crisis at a municipality level?[27:05] The drivers in real estate in 2022.[32:20] Which sectors are lenders most interested in today’s market?Mentioned in This Episode:Yieldstreet