logo
Plus   Neg
Share
Email

Walker & Dunlop Buys Beler Advisory Group; Terms Not Disclosed

Walker & Dunlop (WD), a commercial real estate finance company, announced Thursday the acquisition of Beler Advisory Group, a New York City -based independent real estate advisory firm. The financial terms of the deal were not disclosed.

The company said the acquisition will immediately benefit it through Beler Advisory's deep client relationships, strong deal flow, and long-standing partnership with its New York City Capital Markets Debt and Equity Team.

Beler Advisory Group, which was established in fall 2019, is independently owned and operated by Mo Beler.

Further, Beler Advisory's key principal, Mo Beler, joins Walker & Dunlop as Senior Managing Director of the New York City Capital Markets Debt and Equity Team. He will focus on sourcing and structuring equity capital transactions and debt financing for all commercial real estate asset classes nationally. He will also be responsible for expanding Walker & Dunlop's client base and capital markets capabilities.

Prior to founding Beler Advisory, Mo Beler served as a Vice Chairman within JLL Capital Markets.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Amazon announced the extension of Project Zero, which protects and empowers brands to combat counterfeits, to seven new countries. The project is now available in Australia, Brazil, Netherlands, Saudi Arabia, Singapore, Turkey, and the UAE, along with ten other countries where Amazon has a store. Performance Food Group Co. (PFGC) reported Wednesday a net loss for the fourth quarter of $151.2 million or $1.19 per share, compared to net income of $63.2 million or $0.60 per share in the prior-year quarter. Excluding items, adjusted loss for the quarter was $0.86 per share, compared to adjusted... The U.S. Department of Agriculture's Food Safety and Inspection Service announced a Cooperative Interstate Shipment or CIS agreement with the State of Vermont. As per the deal, Vermont is allowed to operate a CIS program, with which certain state-inspected meat and poultry processors can ship their products across state lines, and expand their business opportunities.
Follow RTT