The Motley Fool

JULY 14, 2023

Our platform strategy has delivered scale and operating leverage through time, with 240 basis points of margin expansion in the last 10 years. Markets have improved since the end of 2022, and we aim to be disciplined in driving profitable growth by prioritizing investments to propel our differentiated organic growth and operating leverage.

Asset Management 130

Asset Management Assets Banks Debt 130

The Motley Fool

AUGUST 4, 2023

Following my comments, David and Jesse will provide additional comments regarding our investment strategy, investment portfolio, financial results, capital structure and leverage, and our expectations for the third quarter, after which we'll be happy to take your questions. We are very pleased with our performance in the second quarter.

Capital 147

Capital Asset Management Securities and Exchange Commission (SEC) Assets 147

Pension Pulse

JANUARY 10, 2024

The 2020 Covid recession was deep and certainly a stress test the asset class unquestionably passed, but it was also short-lived. That said, on the positive side, if you look across the US high yield and leveraged loan issuer market, we have had eight consecutive quarters of positive, albeit decelerating, revenue and earnings growth.

Debt 59

Debt Investing Banks Assets 59

The Motley Fool

MAY 3, 2024

Market uncertainty and rising rates disrupted the transaction market, and according to RCA, first quarter 2024 multifamily property sales volume was the lowest level since Q2 of 2020, when the pandemic shut down the market. While some deals will need to be adjusted or even reworked, many deals remain on track. That's helpful.

Debt 130

Debt Banks Assets Capital 130

The Motley Fool

JUNE 7, 2024

I was shocked to see the first quarter was the slowest for Multifamily sales since the second quarter of 2020, which, if you don't remember, that was when you couldn't literally leave your house to go buy a property. For the rest of 2020 and into 2021, and into 2022, it was just game on. I think of it as a loaded spring in a way.

Assets 130

Assets Capital Asset Management Companies 130

The Motley Fool

AUGUST 8, 2023

Our buyers are doing a fantastic job partnering with suppliers, and we are seeing healthy deal flow across categories. Gross debt was $298 million at the end of the second quarter, with net leverage less than one times adjusted EBITDA. We're seeing healthy deal flow across departments, which feels really good.

Deal Flow 100

Deal Flow Banks Education Debt 100

The Motley Fool

MAY 9, 2024

Ed Sheeran's Divide released in 2017 and Dua Lipa's Future Nostalgia released in 2020 are both in our top-earning albums for the quarter. So, it's really -- it's basically about the deal flow if you really put it in business terms. And so, I think that's what your question was getting at. And that is exactly the intent.

Bidding 130

Bidding Capital Banks Legal 130

The Motley Fool

JULY 27, 2023

We'll leverage leading technology regardless of whether it was developed at Kensho, developed elsewhere within the divisions or come via a vendor or a partner. There's not a lot of deal flow. It was as low as the second quarter of 2020 when we saw the beginning of the pandemic when everything came to a halt.

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Banks Debt Capital 100

Pension Pulse

AUGUST 15, 2023

Paula Sambo of Bloomberg News also reports Ontario Teachers’ makes bond bet as economic clouds gather: Ontario Teachers’ Pension Plan is making a bigger bet on bonds and credit and is adding leverage to pay for it. The fund’s leverage soared during the first half, with funding for investments rising 47 per cent, to $145 billion.

Pension Funds 52

Pension Funds Assets Liabilities Stakes 52

The Motley Fool

FEBRUARY 20, 2024

And between 2020 and 2023, the mean royalty rate has increased to 4.3% And general and administration expenses were over $61 million compared to roughly $56 million in 2022, reflecting good operating leverage supporting the growing business. As I mentioned previously, 2020 to 2023 were significant years of building our team.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Assets Legal Capital 130

The Motley Fool

JULY 15, 2024

As markets improve, we expect execution on our financial rubric to drive profitable growth and operating leverage. The bigger longer-term opportunity is leveraging our engines in Aladdin and indexing with our capital markets expertise to build the machine for the indexing of private markets. Our as-adjusted operating margin of 44.1%

Assets 130

Assets Liabilities Leveraging Asset Management 130

The Motley Fool

NOVEMBER 1, 2024

In terms of leverage, our total debt is currently $17.1 times within our target leverage range of five times to 5.5 In 2020, it was 16. But as we look at 2025 and given what we're working on, we remain confident that we are going to be bringing to the table both gaming and nongaming deals, big and small.

Assets 130

Assets Capital Funds Deal Flow 130

The Motley Fool

APRIL 12, 2024

As markets improve, we remain committed to driving operating leverage and profitable growth. Looking forward, we'll continue to prioritize investments with differentiated organic growth potential or that will expand operating leverage through enhanced scale. Today, Aladdin is much more than that.

Performance Fees 130

Performance Fees Assets Shareholders Leveraging 130

The Motley Fool

AUGUST 8, 2024

And while our portfolio is neither perfect nor without losses, given we were the largest lender on multifamily properties in the United States in 2020 and the seventh largest provider of capital to commercial real estate in 2023, as shown on this slide, our credit discipline and minimal losses are truly outstanding.

Assets 130

Assets Debt Financing Finance 130

The Motley Fool

AUGUST 3, 2023

We established our five-year highly ambitious business plan called the Drive to '25 in 2020 knowing that the economy and our business would not remain static. The second thing I would say is, on affordable, Walker & Dunlop is well above our targets as it relates to supplying affordable deal flow to Fannie and Freddie.

Asset Management 100

Asset Management Financing Finance Debt 100

The Big Picture

MAY 16, 2023

The transcript from this week’s, MiB: Howard Lindzon, Social Leverage , is below. So with no further ado, my discussion with Social Leverage’s Howard Lindzon. HOWARD LINDZON, MANAGING PARTNER, SOCIAL LEVERAGE: Hello, Barry. The next step from there was that Social Leverage. This all is leverage from the network.

Hedge Funds 115

Hedge Funds Leveraging Venture Capital Capital 115

The Motley Fool

NOVEMBER 1, 2024

And so the question will be in order to get your -- because you're back to negative leverage when you start with 10-year the way it is today. And when you look at -- just to put a couple of points in this, Houston -- since February 2020, Houston added 268,000 jobs and L.A. from a revenue perspective is L.A. Dallas added 467,000 jobs.

Taxes 130

Taxes Debt Capital Assets 130

The Motley Fool

NOVEMBER 9, 2023

They are well behind, but they aren't losing deal flow to other capital sources. What we are seeing in this challenging fundraising environment is that investors value Walker & Dunlop's access to deal flow and banker/broker distribution network as deals get harder and traditional sources of capital move in and out of the market.

Asset Management 100

Asset Management Deal Flow Assets Financing 100