Walker & Dunlop Bolsters Affordable Housing Equity Team with Key Hires
Event summary
- Walker & Dunlop adds Jack Hodgkins as SVP and head of LIHTC credit, and Stacie Nekus as SMD and head of LIHTC investor relations.
- Hodgkins will focus on credit strategy and underwriting, bringing 25 years of affordable housing experience.
- Nekus will lead business development for LIHTC investor relations, with over 30 years of real estate experience.
- Hires aim to strengthen LIHTC syndication business and expand institutional relationships.
- Walker & Dunlop originated $8.9B in affordable and workforce financing from 2022-2025.
The big picture
Walker & Dunlop's strategic hires underscore the increasing institutionalization of affordable housing equity investments. The moves come as demand for LIHTC investments grows, driven by regulatory incentives and investor appetite for impact investing. With $8.9B in affordable financing originated over the past four years, the firm is positioning itself as a major player in this niche but expanding market segment.
What we're watching
- Investor Relations
- Whether Nekus can leverage her relationships to expand institutional capital access and optimize fund structures.
- Credit Strategy
- How Hodgkins' risk management expertise will impact portfolio quality and investment analysis.
- Market Demand
- The pace at which Walker & Dunlop can scale its LIHTC syndication business amid growing demand.