The Walton Group of Companies, with U.S. headquarters in Scottsdale, Ariz., announced that Kip Gilleland will join Walton’s land acquisitions and institutional relationships group, Walton Asset Management, as Senior Vice President. In his new role, Gilleland will oversee land acquisition and new market research in the Southwest United States in strategic growth areas like Arizona, California, Denver, Salt Lake City and Reno.
Walton currently administers over 88,000 acres of land in North America, including over 12,000 acres and nearly two dozen master-planned communities in the Southwest. Gilleland will carry on Walton’s practice of acquiring properties in the path of growth and working with local stakeholders to design master-planned communities where people live, work and play.
“With his extensive experience in real estate, acquisitions and land development, Kip is the perfect person to join our growing group at Walton and help us realize our long-term growth strategy,” said Ed Steffelin, President, Walton Asset Management (USA). “Kip’s unique skill set and exceptional project management expertise will be an asset for Walton and we look forward to him joining our team.”
Prior to joining Walton, Gilleland served as Division President for Taylor Morrison in the Denver Division overseeing all operations, some of which included acquisitions, land planning and development and strategic planning for Taylor Morrison. While there, Gilleland effectively grew the division in community count and helped increase overall revenue by 100 percent during his tenure. Before that, Gilleland was with Tousa Homes out of their Phoenix office.
“I am thrilled to be joining Walton, one of North America’s premier land asset administrators and look forward to continuing their practice of acquiring strategic properties in the path of growth and developing master-planned communities intended to benefit all local stakeholders,” said Gilleland. “There are few real estate investment groups with Walton’s experience, proven track record and positive growth potential and I look forward to joining their talented team.”
Gilleland holds a BA from the University of Utah and is a member of the Home Builders Association of Central Arizona, Home Builders Association of Denver and is a former instructor of the Land Development Council for the City of Phoenix Task Group.