Walker & Dunlop’s capital markets team is expanding its Miami presence with the relocation of a senior director from Manhattan following a series of major transactions throughout South Florida.
Michael Stepniewski, who joined Walker & Dunlop in 2021, will advise clients on financing strategies across all asset classes and provide localized expertise. The move comes after the firm's capital markets team has completed over 75 financings in the region over the past several years.
Major transactions Walker & Dunlop advised clients on include the recent $520 million acquisition of a 4.25-acre waterfront parcel in Miami’s Brickell financial district; arranging construction loans for the Villa Miami condominium and the mixed-use multifamily tower Cassi Miami; and refinancings for Forma Miami, The Well Bay Harbor and Soho Beach House.
“The persistent tailwinds for South Florida’s continued growth made it clear that a permanent institutional advisory presence in the region is paramount to catering to our client’s needs,” said Stepniewski in a statement from Walker & Dunlop.
Stepniewski’s relocation allows Walker & Dunlop to provide a full range of advisory services in South Florida, including debt, equity and investment sales, the firm said.
“Even before establishing a formal presence here, we’ve been deeply engaged in the South Florida market, delivering tailored financing solutions across asset classes and building strong relationships with local investors and sponsors,” said Aaron Appel, senior managing director at Walker & Dunlop, in the statement.
The group’s Miami office sits in Brickell at 801 Brickell Ave.