Developer, Author & Former Mayor of Sugar Land David Wallace Visits the Katy Chamber

The Katy Area Chamber of Commerce’s Monthly Membership Luncheon will be held on Wednesday, April 11 at the Omni Houston Hotel Westside. The luncheon will feature David Wallace, Chief Executive Officer and Secretary of General Partner and Chairman of the Investment Committee for Wallace Bajjali Development Partners.  He is the former Mayor of the City of Sugar Land and author of the new book “One Nation Under Blog”.

Mr. Wallace has a background in the acquisition and/or formation of over 100 companies and/or partnerships, and has secured hundreds of millions of dollars in equity and debt. As a result of the numerous portfolio holdings, he has served on the boards for several private and public companies. Mr. Wallace served as a partner and Chief Executive Officer of Wallace & Associates Investment, Inc., formerly The Markpoint Company, a venture capital and merchant banking operation and also, the Grantham Company, a private investment-banking firm.

Prior to becoming a member of the Wallace Bajjali Development Partners management team, Mr. Wallace served as the Chairman of the Investment Committee for certain entities and investment funds affiliated with W.C. Perry Properties, L.P., and as Chief Financial Officer for Asset Plus and Asset Campus Housing. In such capacities, he was actively involved in the transactional structuring, investment banking and capital market activities of these firms.

Early in his career, Mr. Wallace served as the Vice President of Equity Management Corporation, a private real estate syndication firm. In this capacity, Mr. Wallace was responsible for the acquisition and/or sale of over $250 million of income producing properties. In connection with such real estate activities, he was a charter member of the North Texas Association of Real Estate Professionals, a former member of the Real Estate Securities and Syndication Institute (RESSI) and a former member of the American Association of Financial Planners.

Mr. Wallace considers charitable works of great importance, as reflected by his efforts in both the Dallas and Houston communities. Mr. Wallace served three terms as Mayor of the City of Sugar Land, Texas, where he previously served on city council representing the Single Member District Number 4. In such capacity, Mr. Wallace played a leadership role at the United States Conference of Mayors where he served on the Executive Committee and as Co-Chairman of the National Homeland Security Task Force and the Urban Water Council. Mr. Wallace was appointed by Department of Homeland Security Secretary Chertoff to the U. S. Department of Homeland Security Advisory Council-State and Local Officials Senior Advisory Committee and by Texas Governor Rick Perry to the Board of Directors and as Vice President of the TexasOne Economic Development Corporation. Mr. Wallace serves on the Advisory Board of the National Center for Missing and Exploited Children and was most recently appointed as Research Scholar for Economic Development of the International Council of Shopping Centers.

Mr. Wallace received his Bachelor of Business Administration in Real Estate Finance from the University of North Texas. In addition to this schooling, Mr. Wallace attended Union College in Schenectady, New York and received a scholarship to study International Real Estate, International Finance and International Law at the University of Reading located in Reading, England.

The Katy Area Chamber of Commerce serves as the voice for business in the Katy community and helps build a strong business environment and advocate for the issues of importance to our community.  The Chamber is also committed to maintaining the outstanding quality of life for the residents in the Katy community.  The Katy Area Chamber of Commerce has been serving the Katy area business community since 1960.