Urban Land Institute has named W. Edward Walter as global CEO.
Walter, who joined ULI’s executive team on June 11, has taken the position formerly held by Patrick L. Phillips, who led the Institute for nine years.
Most recently, he was the Steers Chair in real estate at Georgetown University’s McDonough School of Business. From 2007 through 2016, he served as CEO, president and director of Host Hotels and Resorts. Prior to becoming Host’s CEO, he served as the company’s CFO for more than four years and served in other executive roles at Host for seven years prior to being named the CFO. Walter’s service at Host overlapped with his four-year tenure at Georgetown, where he created and taught the real estate public equity course, which is designed to explore multiple aspects of REITs.
Before coming to Host, Walter served as an executive for several real estate organizations, including Bailey Capital Corporation in Washington, D.C., where he originated and restructured portfolios of multifamily assets; ZOM Communities in Orlando, Fla., where he worked in land development and sales, and multifamily development; and Trammell Crow Residential, where he was a partner in a number of developments.
