Austin, Texas — Walker & Dunlop has acquired student housing and multifamily brokerage firm FourPoint Investment Sales Partners for an undisclosed price. The Austin, Texas-based FourPoint team — which includes Managing Directors Chris Epp and Chris Bancroft, Senior Director Kevin Dufour and Directors Matthew Chase, Craig Miller and Kyle Peco — will lead and scale Walker & Dunlop’s student housing investment practice in the U.S.
“FourPoint has been a partner to our team for many years and we are extremely excited to bring this talented group of brokers onto our platform,” says Kris Mikkelsen, executive vice president at Walker & Dunlop. “We set the goal to grow our property sales volume to $25 billion by 2025 and one of our growth strategies was adding student housing expertise. We are entering this space with the best team in the industry, a move that will boost our sales volume and, more importantly, benefit our clients who invest in this area of the multifamily market.” Walker & Dunlop has originated $7.1 billion of student housing debt financing since 2016.