Zelman & Associates, a Walker & Dunlop Company, has announced the addition of Alex Virtue as managing director. Based in Los Angeles, Virtue will expand Zelman’s investment banking coverage in multifamily and other asset classes while working alongside Tony McGill, senior managing director and head of investment banking at Zelman’s New York office.
Ivy Zelman – EVP and co-founder of Zelman – expressed her enthusiasm for the new hire: “Alex’s multi-decade track record will greatly enhance our ability to provide a more holistic suite of asset and entity-level advisory services to our corporate and institutional investor clients. He is highly experienced with executing M&A transactions as well as capital markets deals for leading REITs, commercial owners/developers both publicly or privately.”
Virtue brings over 20 years worth of experience within investment banking; this includes M&A activities along with capital raising across real estate sectors. His career began at Merrill Lynch’s real estate division before moving on to Eastdil Secured / Wells Fargo Securities then CBRE Capital Advisors; most recently he was SVP/head of capital markets at Xebec – an industrial logistics sector focused national development firm specializing in asset management services.
