Walker & Dunlop Continues Push to Diversify CRE
15 Junho 2023 - 7:30AM
Business Wire
There is no better time than the present to discuss the
diversity problem in the housing and real estate industry.
Minorities account for over 48 percent of the U.S. renter
population, and single women account for 42.5 percent of renters.
However, only four percent of real estate companies are owned by
women or minorities. To bridge this gap, Walker & Dunlop, Inc.
is increasing its efforts to amplify the DE&I conversation.
Through its representation in CREUnited℠, the company facilitates
connections for members that widen their networks and access to
capital. This month, the company also released an informative and
engaging CREUnited video and launched its new DE&I report
highlighting the importance of inclusion.
CREUnited
CREUnited, an alliance of commercial real estate industry
leaders, is committed to improving diversity and accelerating asset
management for women- and minority-owned firms.
Through these strategic partnerships, CREUnited partners have
closed over a half billion dollars of transactions since its
inception in 2021. In addition, between 2019 and 2022, six
minority-led firms in the CREUnited network collectively saw a 75
percent increase in transaction volume. Today, CREUnited has closed
over $670 million, with six diverse sponsors, and four corporate
partners providing capital for the transactions. Watch the newly
released CREUnited Video for more insights.
With a 2023 action plan that includes a goal of $1 billion in
volume production, five new client acquisitions, and two new
corporate partnerships, CREUnited is committed to using its
collective power to knock down diversity barriers in the CRE
industry.
DE&I Report
Walker & Dunlop’s newly released DE&I Report provides
internal and external stakeholders with the opportunity to learn
about the company’s commitments, programs, challenges, and
achievements in 2022. It reflects the engagement and growth of
employees as well as emphasizes the importance of DE&I in the
company’s corporate culture. The report also features insightful
content regarding goals and accomplishments of the W&D Employee
Resource Groups (ERGs).
Accomplishments from the report include:
- Increased Women in AVP/AD+ positions by 3% from 2020 to
2022
- Increased Racial/Ethnic diversity in AVP/AD+ positions by 2%
from 2020 to 2022
- Expanded and enhanced the ERG community by:
- Introducing the AAPI ERG in 2022
- Reviving the Caregivers ERG
- Initiating process to start a Neurodiversity ERG in early
2023
Access the report here.
“As part of our efforts to become the DE&I leader in the
commercial real estate industry, we are committed to creating
opportunities for all while building an environment where our
people experience acceptance, support, and the ability to fulfill
their full professional potential. In doing so, we hope to
significantly improve the communities within which we live, work,
shop, and play,” said Irelynne Estevez-Waller, vice president of
diversity and inclusion at Walker & Dunlop.
About Walker & Dunlop
Walker & Dunlop (NYSE: WD) is one of the largest commercial
real estate finance and advisory services firms in the United
States. Our ideas and capital create communities where people live,
work, shop, and play. The diversity of our people, breadth of our
brand and technological capabilities make us one of the most
insightful and client-focused firms in the commercial real estate
industry.
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version on businesswire.com: https://www.businesswire.com/news/home/20230615125536/en/
Investors: Kelsey Duffey Investor Relations Phone
301.202.3207 investorrelations@walkeranddunlop.com
Media: Nina H. von Waldegg VP, Public Relations Phone
301.564.3291 info@walkeranddunlop.com
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