Walker & Dunlop to acquire Alliant Capital for $696m.

Walker & Dunlop, the largest provider of capital to the multifamily industry in the United States, agreed to acquire Alliant Capital, a privately held alternative investment manager focused on the affordable housing sector through low-income housing tax credit syndication, joint venture development, and community preservation fund management, for $696m. "Alliant is one of the largest and most respected tax credit syndicators and affordable housing developers in the country. The addition of their people, assets, and capital formation capabilities immediately makes Walker & Dunlop a market leader in affordable housing — lending, sales, and tax credit syndication. With Fannie Mae, Freddie Mac and HUD all focused on affordable housing and more and more Americans seeking affordable rental housing, the combination of Alliant and Walker & Dunlop is a home run. Shawn Horwitz has built an incredible team and company, and we look forward to welcoming them to W&D," Willy Walker, Walker & Dunlop Chairman and CEO.