Eric Creech

Walker & Dunlop and GeoPhy have teamed up to modernize the multifamily valuation business by launching a new appraisal company called Apprise. By combining Walker & Dunlop’s deep knowledge of the industry, GeoPhy’s powerful data science and analytics technology, and the experience of highly respected appraisal professionals, Apprise will eliminate the outdated, manual processes that plague the multifamily valuation industry. Apprise will employ machine learning to provide a more objective, consistent, and transparent FIRREA-compliant multifamily appraisal delivered in as little as five days. As the nation’s multi-trillion-dollar multifamily market continues to reach new heights, Apprise represents a tremendous growth opportunity for an industry-changing multifamily property appraisal solution. Offerings and Service Levels: FIRREA and GSE-compliant multifamily appraisals: Final appraisals including inspection in five or fewer business days for stabilized market-rate apartments in select markets Other appraisals: Desktop and Restricted Appraisals - such as periodic Valuation for Financial Reporting (VFR) reports - in as little as five or fewer business days within select markets Reach: Apprise is targeting nationwide coverage by Summer 2020. Compliance: USPAP, FIRREA, Fannie Mae, Freddie Mac Technology and Data: Appraiser workflow automatically populates with property, comp, rent, location, and market data that our technology platform intelligently ingests from third party sources and client-provided documents