Apprise by Walker & Dunlop announced today the launch of a national HUD/FHA multifamily valuation and market study practice group, led by Nelson Pratt, MAI, managing director and national HUD practice lead. Pratt will oversee HUD/FHA appraisal and market study production, strengthen quality control standards and lead team development alongside a specialized five-person valuation and market study team. Apprise continues to grow its HUD-insured multifamily valuation and market study capabilities across the United States, strengthening its ability to serve clients in one of the most specialized segments of multifamily valuation, where disciplined execution, documentation standards, and review-ready reporting directly impact transaction certainty and timelines.

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Nelson Pratt

“Adding Nelson as our National HUD Practice Lead accelerates our momentum in HUD work and expands our ability to win and deliver this highly specialized volume at scale,” said Meghan Czechowski, MAI, senior vice president and head of Apprise by Walker & Dunlop. “It’s a significant step in strengthening Apprise’s dominance in multifamily valuation, pairing extensive HUD expertise with the data and national reach clients rely on.”

Pratt brings more than 20 years of multifamily valuation and consulting experience, with emphasis on HUD-insured assets, eminent domain, housing needs assessments, and market study assignments. His work spans the Southeast and national markets, including assignments completed in over 18 states across the country. His consulting experience includes market studies for new multifamily development and municipal housing needs assessments.

“I’m thrilled to join the Apprise team and add to the platform’s already well-established expertise in multifamily valuation and analysis,” said Pratt, managing director at Apprise by Walker & Dunlop. “Contributing to work that supports housing-focused clients is meaningful to me, and I look forward to helping the team scale its impact across the country.”

Prior to joining Apprise, Pratt served as managing director at Colliers Valuation & Advisory Services, where he worked in a similar capacity. Earlier, he was an appraiser at Hodges & Pratt Company, PC, later becoming a partner, and ultimately serving as president. Pratt earned a bachelor’s degree in business and finance from the University of Tennessee, Knoxville, and holds the MAI designation from the Appraisal Institute. He serves as 2026 chair of the National Council of Housing Market Analysts executive committee and was appointed to the Tennessee Real Estate Appraiser Commission in 2022.

Launched by Walker & Dunlop, Apprise is focused exclusively on the U.S. market and has a collective track record of valuing over $350+ billion worth of commercial real estate properties to date. Serving a client base that includes GSE lenders, owners/operators, banks, and institutional lenders, the Apprise team specializes in providing valuation insights and data analytics, as well as regulatory-compliant appraisals and consulting engagements for multifamily/commercial assets.

Apprise is also the winner of the 2025 Proptech “Overall PropTech Company of the Year” award and the 2025 Multifamily Executive “Best Use of Proptech” award.

About Walker & Dunlop

Walker & Dunlop (NYSE: WD) is one of the largest commercial real estate finance and advisory services firms in the United States and internationally. Our ideas and capital create communities where people live, work, shop, and play. Our innovative people, breadth of our brand, and our technological capabilities make us one of the most insightful and client-focused firms in the commercial real estate industry.

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