Commercial/Multifamily Briefs, March 30, 2023
Walker & Dunlop Announces All-Female Led Small Balance Lending Leadership Team
Walker & Dunlop, Bethesda, Md., promoted four members of its Small Balance Group, creating the first all-women-led lending team at the firm.
Effective immediately, Alison Williams is named Senior Vice President and Group Head of SBG and will oversee the SBG Production, Underwriting and Closing teams. Angelica Dichoco, who received her Fannie Mae CU designation last year, will continue leading the SBG Underwriting team as Senior Vice President and Chief Underwriter. Stephanie Pratt will continue leading the SBG Closing team in her new role as Senior Vice President of SBG Closing. Melissa Jahnke will manage SBG operations in her new role as Head of Operations.
Banyan Investment Group Rebrands as Satori Collective
The former Banyan Investment Group rebranded as Satori Collective, an investment management firm focusing primarily on hotel property investment.
The company also spun off its property management platform to become Aperture Hotels, an independent, third-party hotel management company. Moving forward, Satori and Aperture will work independently of one another.
“Satori is a Buddhist term meaning ‘awakening and deep understanding,’ which is how our team approaches commercial real estate investment,” said Andy Chopra, co-founder and managing partner, Satori.
Satori will focus on investment into select-service, upper select-service extended-stay and lifestyle hotel properties. The company concentrates on investment in growth corridors in top MSAs across the United States that have established hotel demand generators including tourism, corporate group travel, state capitals, Power Five conference universities, healthcare, heavy manufacturing and military.