Alexander D. Walker, Partner
Acquisitions, Development, Marketing, Sales
Alex Walker is a founding partner of Prospect Property Group. Mr. Walker has over 25 years of experience in the real estate investment business. Before the formation of PPG in 2003, Alex was General Partner of Prospect Realty Partners (“PRP”), an opportunistic investment group set up to acquire distressed REO assets from the RTC, FDIC and commercial banks. Between 1995 and 1998, PRP purchased a portfolio of office, flex and retail properties at distressed prices and subsequently achieved significant value enhancement through dramatic leasing velocity, repositioning, and capital and market improvements. The portfolio included 14 properties containing just less than one million square feet and was sold between 2000 and 2002 returning a twenty-eight percent return to Limited Partners.
Prior to PRP, Mr. Walker was an officer in the Midtown Manhattan headquarters of Cushman and Wakefield. During his 12 year tenure he acquired extensive expertise in the development, leasing, marketing, acquisition and disposition of real estate. He was the lead professional in procuring, analyzing, negotiating and closing over 90 lease transactions with an aggregate value of over $700 million.
Alex has a well developed understanding of the transaction process, an ability to intimately understand markets and their dynamics and a thorough understanding of the residential condominium discipline. Mr. Walker has a B.S. in engineering from the University of Vermont.