Walter D’Alessio formerly served as Senior Managing Director of NorthMarq Real Estate Services. He was Chairman and CEO of Legg Mason Real Estate Services from 1982 until 2003, when the company was sold to NorthMarq Capital. As Legg Mason Real Estate Services, the company expanded its operations from Pennsylvania to Maryland, Washington DC, New York, New Jersey, Connecticut, Massachusetts, Georgia, North Carolina and Florida. The company also expanded its services beyond those traditionally offered by mortgage banking firms to include equity investments and real estate consulting services.
Walter has more than 40 years experience in planning, developing, financing and managing major real estate projects in Philadelphia, including 12 years (two years as executive director) of the Philadelphia Redevelopment Authority and 10 years as the executive vice president of the Philadelphia Industrial Development Corporation (PIDC).
Professional and Community Involvement
Walter is a member and officer of several national professional associations. He is also active as a member, director and officer of several Philadelphia corporations and institutions. Walt holds a BS degree in Landscape Architecture from Penn State and a MS degree in City Planning from the University of Illinois.