Walter Propps, SIOR, CPA

President

 

A former trucking company executive, Walter N. Propps began his career working in commercial real estate in 1964.  He was Manager of Industrial Sales for the well known and highly regarded Shannon & Luchs Company until he left to start his own commercial development business in 1972.  Since that time he has continued to develop, manage, lease and buy and sell all types of commercial properties. Mr. Propps is a member of the Society of Industrial and Office Realtors and is honored to have been the 2nd person inducted into the Washington DC S.I.O.R.  Two of his larger deals included successfully leasing half a million square feet to the Government Printing Office and handling 1,000 acres of land adjacent to Dulles Airport.  He has developed a long list of buildings in the DC Metro area including the construction of a 180,000 square foot building for Parsons Paper Company and 50 acres in the Cabin Branch Industrial Center. He currently serves as an Advisory Director for Monument Bank.

Background 

Graduate, George Washington University, A.A. in Government
B.A. in Accounting and Business Administration
Certified Public Accountant; District of Columbia 
Airborne Air Controller - United States Navy 

Qualified as an Expert in Valuation and Approved Appraiser for:
  The District of Columbia Courts
  United States District Court for the District of Columbia
  Circuit Court for Prince George's County, Maryland
  Circuit Court for Baltimore County, Maryland 

Interests 

History, Sailing, Skiing, Aviation 

Affiliations 

Advisory Director - Monument Bank
Member -District of Columbia Institute of Certified Public Accountants
Active Member - Society of Industrial Realtors (S.I.O.R.)
Member - Washington Board of Realtors

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