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Commercial real estate expected to stay strong

California residents who are interested in investing in commercial real estate might want to know about Walker & Dunlop, an alternative lender for commercial real estate transactions. The company's continued growth over the past year shows the health of the commercial real estate market.

The company, which recently released its fourth-quarter results, reported it had no net write-offs during the quarter, a sign of how much the market has improved since rebounding from the recession. The company also stated it didn't have any loans that were 60 or more days past due in its portfolio.

According to the company, the commercial real estate market is expected to remain strong through 2016 and possibly longer. Last year, Walker & Dunlop experienced an increase in its mortgage banking by 7 percent and in its mortgage servicing rights by 13 percent. The company's net income rose by 26 percent during the year, and its overall revenue grew by 8 percent. Analysts believe the company will continue to experience positive growth this year as the commercial real estate market remains hot.

People interested in purchasing commercial real estate may want to get help from an attorney who has relevant experience. These types of transactions are highly complex and often present potential pitfalls. The attorney might help by researching the title records, applicable zoning laws and any easements that might be needed for a target property. The attorney can also be of assistance in reviewing the proposed purchase and financing agreements and pointing out any provisions that could prove to be troublesome.

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