Personnel News from Walker & Dunlop, IPA, JLL

Walker & Dunlop, Bethesda, Md., announced Dana Wade joined the firm as Chief Production Officer for all Federal Housing Administration-backed loan originations with the U.S. Department of Housing and Urban Development. She will also help drive the company’s affordable housing financing activities.

CRE Policymaking During a Pandemic

The Mortgage Bankers Association’s Capital Council hosted a panel Thursday February 25. The Capital Council is a member forum for commercial real estate capital providers and intermediaries, educating participants on market trends and conditions.

Quote

“This is complicated stuff. There is a lot of risk involved and it’s easy to get it wrong. And if a person gets it wrong, there is both compliance risk and reputational risk, so you really do not want to be in that position.”–MBA Associate Vice President of CREF Policy Bruce Oliver, discussing the March 10 Financial Crimes webinar. For more, click on “Combating Real Estate Financial Crimes.”

Banks Trim Branches, Creating Empty Retail

Bank mergers and increasing online banking have led to numerous bank branch closings in recent years, which could have a “profound” effect on commercial real estate, said DBRS Morningstar, Toronto.