C/MF Briefs: Walker & Dunlop, DBRS

Walker & Dunlop To Acquire Elkins Mortgage
Walker & Dunlop, Bethesda, Md., agreed to acquire George Elkins Mortgage Banking Co., one of the country’s largest remaining independent mortgage brokers. 

Elkins has served as the direct loan origination arm for an array of life insurance companies, banks, trusts, pension funds, thrifts and other private capital sources since 1922.

Headquartered in California, Elkins has five offices throughout the state and has averaged $800 million a year in brokerage transactions for all types of commercial real estate. The acquisition will add 14 commercial real estate originators to Walker & Dunlop’s Capital Markets group.  

As part of the transaction, approximately $1.7 billion in life insurance company servicing is expected to be added to Walker & Dunlop’s $57.3 billion servicing portfolio.

DBRS Launches New Online CMBS Platform
DBRS launched a new online commercial mortgage-backed securities reporting platform, IReports. 

IReports, a loan-level reporting platform, provides users with access to DBRS presale reports, surveillance updates, transaction information and contextual loan-level data. 

Pre-sale reports for each DBRS-rated U.S. and Canadian CMBS conduit transaction will be available on IReports at Ireports.dbrs.com. As the transaction seasons, DBRS will deliver ongoing surveillance analysis. 

DBRS has data on all U.S. and Canadian CMBS conduit transactions as well as commentary on a sample of DBRS rated-conduit transactions. 

For more information visit ireports.dbrs.com. Access is free with no subscription required.