Walker & Dunlop, Inc. and GeoPhy expanded their multifamily appraisal business, Apprise, with the addition of Senior Directors John Wu and Anthony Fontanazza, the company announced in a release.

Based in Chicago, Wu is part of Apprise's affordable housing practice group and brings more than 13 years of experience in valuing Low-Income Housing Tax Credit (LIHTC) subsidized, and market rate properties. Fontanazza is based in South Florida and is focused on valuing multifamily assets of all types, including existing and proposed apartment properties in primary and secondary markets throughout Florida.

“We are thrilled to welcome John to our Midwest team and Anthony to our Florida team,” Apprise Valuation Lead and Managing Director Meghan Czechowski said in the release. “Our hiring momentum continues to build, supporting our continued growth across the United States, as well as the expansion of our service offerings.”

Wu has been active in the real estate appraisal field since 1998 and is seasoned in valuations of affordable housing projects. Prior to joining Apprise, he worked within the multifamily practice of CBRE’s Valuation and Advisory Group, specializing in multifamily rental assets ranging from small, walk-up apartment complexes to institutional-grade apartment communities, both in urban and suburban areas.

Previously, Fontanazza was part of the Multifamily Valuation Team at Colliers International where he specialized in the appraisal and valuation of multi-housing properties. His experience includes all multifamily asset types, including garden and midrise apartments, urban high-rise, mixed-use, fractured condominiums, student housing, and affordable housing. He also has experience with Freddie Mac’s Small Balance Loan program and Fannie Mae’s Multifamily Small Loan program.

Apprise, a joint venture between Walker & Dunlop and GeoPhy, delivers USPAP/FIRREA compliant multifamily appraisals.