Jim Walters has been negotiating “the deal” and driving transactions…in the board room and on the “street”…. for over four decades.

His diverse experience and exceptional knowledge base has provided/provides “clarity of best direction” guided by polished management and leadership.

He is known by colleagues and clients as having a relentless work ethic, insatiable attention to detail and….a dedicated Client Fiduciary.

Favorite Quote:
“There is no success without honor.”

Jim Walters, the Walters Group, 2023

Jim Walters

the walters group

In 2016, The Walters Group was formed in affiliation with RE/Max Commercial headquartered in Morristown, NJ. The directive was/is to provide unparalleled Brokerage and Advisory with a focus on Valuation. The genesis of the Valuation “focus” came from witnessing a majority of Sellers under selling assets because they did not know, and or were not advised, as to how knowing Future Value, garnered through available Added Value and development opportunity … could dramatically increase Current Value.

remax commercial
Prior to forming The Walters Group, Jim was a CRE Broker from 1998 to 2016 with RE/MAX in Montclair New Jersey. During his tenure there Jim and his team became one of the most active/productive CRE Brokerage entities in the region. His extensive transaction history has availed the prestigious CCIM Designation and provided Commercial Division Status for RE/MAX Select in Morristown New Jersey.

From 1990 to 1998 Jim financed and ran a semi-precious jewelry startup, known as Heidi Daus for Jim Walters. Showrooms were located on 5th Avenue in NYC and executive offices, design, production, shipping and operations in another facility on 38th Street. The product was sold at approximately 300 doors of the finest department and specialty stores in the United States, Canada and Europe.

trammell crow company

From 1988 to 1990 Jim partnered with Bill Foody of Crow Foody Central out of Pine Brook NJ to spearhead a residential development division of Trammel Crow in the North East known as Foody Walters LLC. The acquisition search entity for the firm, Walters Enterprises, was formed and brought multiple “off market” development acquisition candidates to the table. Most notably the Mack Truck plant in Allentown PA was acquired with the intent to remediate and repurpose.

norma walters

From 1981 to 1988, Jim was President of a Ladies Designer Clothing Manufacturer start up known as Norma Walters and Company located at 530 7th Avenue in New York City. Jim headed operations and managed multiple departments but was primarily charged with merchandising, pricing, marketing and sales. In 1981, annual sales volume was $275,000. By 1988, the firm had grown exponentially, having at that time, an annual sales volume of $28,000,000 on a 56% GPM.

boilermakers 363

From 1976 to 1981 Jim was a card carrying member of Boilermakers Local 363 providing construction, repair and maintenance services to public utilities, refineries and foundries throughout the State of Illinois. Jim became proficient at various types of welding and was considered a “high man”. As foreman on multiple off and on line projects, he managed and scheduled the Boilermakers work flow, coordinated same with other trades and was a liaison between “management” and “the local”.

Education

1976-1981

Saint Louis University
Contract Law Business Management

1981-1983

New York University
Bachelors Degree in International Finance

1997

Obtained Salesperson License

2008

CCIM Member

2023

Obtained Broker’s License

Hobbies / Interests / Philosophy

Mantras to my sons: