Wood Partners Opens Office in Midtown Manhattan
- Apr 20, 2015
New York–Wood Partners LLC has opened a new office in Manhattan and hired Rashid Walker as its director to oversee the company’s development effort. Walker will be responsible for sourcing development opportunities in the market, which includes Manhattan and the outer boroughs of New York City, Long Island, Westchester and Fairfield Counties and Northern New Jersey.
Strong demographics and a high barrier to entering the New York market make the area attractive to Wood Partners. Averaging $2,331 per month, rents in New York City are the nation’s second highest behind San Francisco.
Walker began his real estate career as a development director with AvalonBay Communities. He has served as an acquisitions officer at JPMorgan Asset Management in Global Real Assets and prior to joining Wood Partners he was a vice president at Jefferson Apartment Group, where he led the company’s real estate development effort.
Walker earned a bachelor’s degree from Villanova University and has a MBA from Columbia Business School. He is currently on the Board of Trustees at Westbury Friends School and has served as a member of the Planning Board in the Village of Hempstead, New York.