In 2020, the companies partnered to form Apprise – a joint venture appraisal company that offers shorter underwriting and appraisal processing.
“As our current JV partner in Apprise, we are well acquainted with the GeoPhy team and their capabilities,” Walker said. “Actionable technology — that makes our bankers and brokers more insightful and capable — is what has differentiated Walker & Dunlop, and the acquisition of GeoPhy immediately enhances our capabilities.”
“As a combined company, we have the scale, resources, and expertise to truly differentiate Walker & Dunlop’s services in the marketplace,” said Teun van den Dries, CEO and co-founder of GeoPhy. “We know W&D, we know the value of their brand and platform, and we expect this acquisition to be a fantastic success.”