Walton Announces Expansion of Executive Team
Commercial Executive Magazine, 2020/08/19
Walton, a real estate investment and land asset management company with US$3.39 billion under management and administration, has expanded its executive team as it continues to achieve significant milestones and growth throughout the U.S. and Asia.
Paul Megler has been named Executive Vice President, Capital Markets & Strategic Partnerships for the Walton Group of Companies. He will lead the growth of the company’s homebuilding partner relationships working with the asset management team on new acquisitions and sales within the existing Walton portfolio. In addition, Mr. Megler will be assisting with institutional capital raising efforts for the Walton funds globally.
Among his roles prior to joining Walton, Mr. Megler served as Vice President, Real Estate & Business Development at KB Home (NYSE: KBH) where his focus was mergers and acquisitions, national land strategy and financial sponsor relationships. He was also Managing Director JMP Securities, LLC where he specialized in real estate investment banking for homebuilders and land developers. Mr. Megler holds a Master of Business Administration from UCLA Anderson School of Management and Bachelor of Science degrees in accounting and management information systems from Miami University.
Rebecca Bruce has been promoted to Chief Financial Officer for the Walton Group of Companies. With more than 15 years of experience, she manages financial strategy and the accounting, audit, treasury and tax functions, overseeing a team of professional accountants at Walton.
Ms. Bruce joined Walton in 2009 as Corporate Controller and was promoted to Senior Vice President, Finance and Accounting in 2014. Prior to joining Walton, she served as Manager in the Assurance and Advisory Business Services practice for Ernst & Young, where she articled and received her Chartered Accountant designation. Ms. Bruce received a Bachelor of Commerce in Accounting from Memorial University of Newfoundland.
Emily David has been named Vice President, Communications and Investor Relations for Walton International Group. She will be working with the Walton Asia team, driving the communications strategy for the company’s operations from Singapore.
Prior to joining Walton, Ms. David was a Communications Manager for Etihad Airways, the national airline of the United Arab Emirates where she was tasked with designing and delivering a communications strategy for the largest division of the airline. She earned a master’s degree from the Istituto Marangoni.
“The expansion and promotion of the Walton team comes at an important time for our company,” said Bill Doherty, CEO, Walton Group of Companies. “As we continue to grow and achieve significant milestones, the depth of expertise and operational drive of our employees will help to serve our clients as we enter the next phase of expansion. We are optimistic for the future and the opportunities for continued growth.”
Walton recently announced the expansion of its collective $500 million Builder Option Land Development Funds (BOLD Funds), for raising capital to acquire land identified by large U.S. homebuilders for near-term residential development.
For over 40 years, Walton has researched, planned and structured pre-development land investments located in the major growth corridors throughout the U.S. and Canada. The evolution of Walton has opened the door to offering new products, like the BOLD Funds, creating new opportunities for investors and homebuilders.