Ed Wacker’s background in commercial real estate development, finance, and asset management is extensive.
Ed began his career as a management trainee for a bank that focused on commercial real estate lending. Ed spent time working in each department subsequently serving as a senior credit analyst then transitioning into commercial lending.
Ed also worked for a private equity firm who invested over $3.8 billion in all sectors of commercial real estate. Ed was directly involved in the acquisition, value-add, and disposition stages of the firm’s real estate investments. Ed’s primary responsibility was to analyze each investment and assemble an asset plan that would maximize value over a specific holding period.
His portfolio encompassed real estate throughout the United States which gave him the opportunity to interact with countless real estate professionals including brokers, attorneys, lenders, and investors. Ed’s portfolio and responsibilities continued to grow and he managed over $400 million in real estate during his tenure.
Ed is EVP of Finance and Operations at McGarvey Development. He is responsible for analyzing the financial feasibility of proposed commercial and residential projects and also monitors financial performance once a project is selected.
Ed spearheads funding activity and serves as the firm’s direct contact with banks and investors. Ed plays an important role in the firm’s overall direction and is part of the Executive Management Team.
Ed graduated from Florida Gulf Coast University with a Bachelor’s Degree in Finance and a minor in Real Estate.