Zelman & Associates Brings in Alex Virtue as Managing Director

Zelman & Associates, a Walker & Dunlop Company, said that Alex Virtue has joined the company as managing director. Based in Los Angeles, Virtue will expand Zelman’s investment banking coverage in multifamily and other asset classes and will work in close collaboration with Tony McGill, senior managing director and head of investment banking at Zelman in New York.

“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,” said Ivy Zelman, EVP and co-founder of Zelman. “He has extensive experience executing M&A and capital markets transactions for leading REITs and commercial owners and developers in both the public and private markets.”

Virtue brings over 20 years of investment banking experience to Zelman, including M&A and capital raising transactions across real estate sectors. He began his investment banking career with Merrill Lynch’s real estate investment banking group followed by senior positions at Eastdil Secured / Wells Fargo Securities and CBRE Capital Advisors. Most recently, Virtue was SVP and head of capital markets at Xebec, a national real estate development and asset management firm focused on the industrial logistics sector.