RMR Group appoints Summit Walia as vice president, head of residential acquisitions

The RMR Group has appointed Summit Walia as vice president, head of residential acquisitions. In this new role, Walia will lead the execution of RMR Residential’s investment strategy nationwide.

Walia joins RMR with more than 20 years of real estate investment and leadership experience at large institutional asset managers where he has closed more than $5.2 billion in acquisitions, including more than $4.1 billion in acquisitions in the residential sector. Most recently, Walia was managing director, real estate acquisitions for LaSalle Investment Management where he led a team that executed transactions across all asset classes and sourced investments across the risk spectrum in the western United States. Previously, he was executive director, real estate acquisitions for JP Morgan Asset Management.