Walker & Dunlop Returns to Faster Growth
Real estate has been a hot commodity in recent years, and strength in the commercial real estate market has made it necessary for buyers to get the financing and related services that they need in order to make smart acquisitions. Walker & Dunlop (NYSE: WD) has done a great job of positioning itself to take full advantage of the lucrative opportunities in real estate right now, with its focus on commercial and multifamily properties helping it tune into the favorable trends in the industry.
Coming into Wednesday's third-quarter financial report, Walker & Dunlop investors were prepared to see a pause in the company's bottom-line growth, but they still wanted signs that the company was moving forward with its long-term growth plans. Walker & Dunlop didn't disappoint, and better earnings than many had expected were icing on the cake in light of continued optimism about the future. Let's take a closer look at Walker & Dunlop to see why its latest results are reason to celebrate.
Image source: Walker & Dunlop.
Source: Fool.com