Analyst, Affordable Investment Sales

Department:

We are Walker & Dunlop.  We are one of the largest providers of capital to the commercial real estate industry, enabling real estate owners and operators to bring their visions of communities — where people live, work, shop, and play — to life. We are committed to creating meaningful social, environmental, and economic change in our communities.

Department Overview

Walker & Dunlop, the #1 Multifamily Finance lender in the US, with expertise in all GSE and FHA/HUD affordable financing programs, has been a major player in the affordable housing space for years. We continue to invest in our platform so we can provide our clients with comprehensive, mission-driven financing solutions for their affordable housing needs. Our suite of services, spanning debt financing, LIHTC equity, and preservation advisory, combines industry-leading technology, technical expertise, and unparalleled execution. W&D’s dedicated Affordable experts are committed to addressing the affordable housing crisis through integrated capital advisory and investment services.

The Impact You Will Have

As an Analyst with Walker & Dunlop Affordable Investment Sales, you will play a critical role in supporting team members through financial modeling, market analysis, and the preparation of client materials. You will develop a strong foundation in multifamily affordable housing transactions, with hands-on experience working on real deals and learning from industry experts. You will review transactions across the entire country and become familiar with housing policy nationwide. This position is ideal for a highly organized self-starter with strong analytical skills, attention to detail, and a passion for real estate finance and affordable housing.

Primary Responsibilities

• Analyze affordable housing deals, including LIHTC, Section 8, USDA RD 515 and similar opportunities, including existing, value-add, and resyndication developments, using proprietary underwriting models.

• Assist in evaluating project financing structures, calculating Section 8 rents, and assessing LIHTC eligibility.

• Conduct market research and prepare comparable analyses, Broker Opinions of Value (BOVs), Offering Memorandums (OMs), and client presentations.

• Contribute to the writing and production of marketing materials, including OMs, BOVs, and other client deliverables.

• Maintain and update internal databases tracking investment sales activity, construction pipelines, and key market metrics.

• Monitor federal, state, and local housing developments and summarize potential impacts on transactions.

• Assist in transaction and due diligence coordination by tracking documentation, monitoring deadlines, and supporting closing processes.

• Support team efforts in creating “state of the market” reports and presentation materials for conferences and client meetings.

• Ensure accurate and organized file management to maintain compliance and support deal execution.

• Perform other duties as assigned.

• Attendance is generally required from 8:30 am – 5:30 pm local time, Tuesday through Thursday, with the option to work remotely on Mondays and Fridays.

Education and Experience

• Bachelor’s degree required (preferred concentration in Finance, Real Estate, Economics, or a related field).

• 1+ years of experience in real estate finance, affordable housing, investments, or a related field preferred.

• Internship or academic experience in real estate financial analysis is a plus.

Knowledge, Skills and Abilities

• Strong understanding of financial analysis and real estate fundamentals; familiarity with LIHTC, HUD, and other affordable housing programs preferred.

• High proficiency in Excel for financial modeling; experience with Argus, CoStar, or similar platforms a plus.

• Excellent attention to detail and organizational skills.

• Ability to manage multiple assignments in a fast-paced, deadline-driven environment.

• Strong written and verbal communication skills.

• Demonstrated initiative, accountability, and eagerness to learn.

• Team-oriented mindset, with professionalism and courtesy when collaborating with colleagues and clients.

• Proficiency in MS Outlook, Excel, PowerPoint, Word, and Adobe Acrobat; ability to learn Salesforce and other company software.

• Alignment with the Walker Way—caring, collaborative, tenacious, driven, and insightful in approach to work.

• Ability to show ownership of your work, take on challenges and acknowledge growth opportunities, and demonstrate patience when learning new processes.

• Courtesy, respect, and thoughtfulness in teaming with colleagues and other stakeholders,

This position has an estimated base salary of $60,000 - $70,000 plus discretionary production incentives. An employment offer is based on the applicant’s relevant work experience, applicable knowledge, skills, abilities, internal equity, and alignment with market data. 

We are accepting applications until January 15, 2026.

#LI-AA1, #LI-MJ1

#LI-Hybrid

What We Offer  

• The opportunity to join one of Fortune Magazine’s Great Places to Work winners from 2015-2023 

• Comprehensive benefit options* that have earned Walker & Dunlop the silver level of the 2022 Cigna Healthy Workforce Designation™, some of which include:
    - Up to 83% subsidized medical payroll deductions
    - Competitive dental and vision benefits
    - 401(k) + match
    - Pre-tax transit and commuting benefits
    - A robust health and wellness program – earn cash rewards and gain access to resources that
      promote health, engagement, and balance
    - Paid maternity and parental leave, as well as other family paid leave programs
    - Company-paid life, short and long-term disability insurance
    - Health Savings Account and Healthcare and Dependent Care Flexible Spending 

• Career development opportunities 

• Empowerment and encouragement to give back – volunteer hours and donation matching 

 
*Eligibility may vary based on average number of hours worked 

EEO Statement

We are committed to equity in all steps of the recruitment and employment experience. We believe in equal access to opportunities in our workplace. We do not tolerate discrimination, including harassment, based on any characteristic protected by applicable law, such as race, color, national origin, religion, gender identity, sexual orientation, sex, age, disability, veteran or military status, and genetic information, or any other characteristic protected by applicable law. We strive to be a safe place to ask questions, build professional relationships, and develop careers.

SPAM
Please be wary of recruitment scams. An indication of a scam might be a request for sensitive or bank information at the time of application or emails coming from a non walkerdunlop.com email address. Please call us at 301.215.5500, if you have any concerns about information requested during or after the application process.

Fair Chance Hiring

Background checks, including any questions related to infractions, arrests, or conviction records, will not be conducted until after a conditional offer of employment has been accepted. We will consider for employment qualified applicants regardless of arrest and conviction records, in accordance with federal, state, and local laws.