Walker & Dunlop completed the acquisition of GeoPhy for $290m.

Walker & Dunlop, a provider of financing services to owners of commercial real estate, completed the acquisition of GeoPhy, a commercial real estate technology company, for $290m. "This acquisition is a game-changing investment for Walker & Dunlop, as it dramatically accelerates the growth of our technology capabilities in two areas of the market where we have the ability to disrupt the commercial real estate services industry. As our current JV partner in Apprise, we are well acquainted with the GeoPhy team and their capabilities. 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," Willy Walker, Walker & Dunlop Chairman and CEO.