Executive Bios
Edward Walters Jr.
Founder and Partner
Edward Walters Jr., founder and partner, has been influential in cultivating the business opportunities that sparked the growth of the company since its inception. While earning a B.A. in English from St. Joseph's University in Philadelphia, PA, in 1984, he began his career as a carpenter and an entrepreneur. His first construction projects involved custom single-family homes in communities around Long Beach Island and the Forked River region of Ocean County, NJ. Building on this activity, he expanded into the creation and planning of residential communities with a vision to develop vibrant neighborhoods where families could live, work, and grow. The affinity he demonstrated for development in previously underdeveloped areas produced stable growth and investment for the region and for his firm.
To this day, Mr. Walters, a member of the New Jersey Builders Association (NJBA) and Shore Builders Association of Central New Jersey, Inc. (SBACNJ), upholds the promotion, protection, and improvement of the building industry. He serves as a guide for the growth of his organization and remains involved in all aspects of the business with a focus on the company's construction projects.
Timothy Regan
Chief Financial Officer and Partner
Timothy Regan, chief financial officer and partner of Walters Group, oversees property development, business development, and finance for the company. Since joining the organization in 1992, Mr. Regan has spearheaded the closing of more than $300 million in financing for construction, development, and permanent mortgages. Prior to joining Walters, Mr. Regan worked as an asset manager at Vesterra Corporation, a shopping center development and management firm in Blue Bell, PA. His responsibilities included managing more than one million square feet of space.
Mr. Regan also specialized in the real estate and banking industries while serving with the audit and management consulting departments of KPMG. Mr. Regan is a member of the ew Jersey Builders Association (NJBA) and Shore Builders Association of Central New Jersey, Inc. (SBACNJ) and serves on the advisory board of Penn Liberty Bank, headquartered in Wayne, PA. He earned a B.S. in financial management (accounting) in 1985 from St. Joseph's University.
Joseph DelDuca
General Counsel and Partner
Joseph A. DelDuca, partner and general counsel, is responsible for the company's legal activities relating to land use, public/private partnerships, approvals, and environmental matters. Before officially joining Walters Group in 2004, Mr. DelDuca had a 10-year relationship with the company, where he was an integral part of the team that spearheaded the growth of Walters Group. Prior to joining Walters, Mr. DelDuca was a partner at Madden, Madden and DelDuca, where he represented retail and residential clients including Walters Homes, Commerce Bank, Home Depot USA, and the Haddonfield Planning Board.
Mr. DelDuca has authored several law review articles and is often invited to speak publicly on land use, environmental law, and real estate issues. After obtaining his B.A. in history from Ursinus College, Collegeville, PA, he went on to earn his J.D. at Rutgers University in New Jersey.
Greg Walters
Partner
Greg Walters, partner, has been a key member of the organization since 1984. Mr. Walters is primarily responsible for overseeing the Walters Homes' homeowner warranty division. He has been instrumental in developing the finest reputation in the construction industry for customer satisfaction. In addition to managing the warranty department, Mr. Walters assists in the overseeing of onsite property management for all of Walters' properties. His extensive experience in all areas of construction makes him a valuable asset to Walters Contracting in the varied construction projects that the organization undertakes.
Ken DeMayo
Vice President of Construction
Ken DeMayo, vice president of construction, joined Walters in 1995 and currently oversees all aspects of site development management, construction personnel, purchasing, and estimating. Since joining the organization, Mr. DeMayo has directed construction of hundreds of single-family homes and apartment units, more than 100,000 square feet of retail and office space, and a number of site and road improvement projects. Presently, Mr. DeMayo coordinates with the sales, marketing, and warranty departments at Walters Homes.
Most recently, he received the 2005 Director/V.P. of Construction of the Year Award from Shore Builders Association of Central New Jersey, Inc. Prior to joining Walters, Mr. DeMayo served as project manager for the Garden State Land Group, where he was responsible for the construction of more than 200 high-end single-family homes in Mercer County, NJ. Mr. DeMayo earned a B.A. in economics from Bethany College in West Virginia.
Jon Parker
Construction Manager
Jon Parker, construction manager, joined Walters in 1994 and currently oversees all field aspects of new home construction from permit to certificate of occupancy. Since joining the organization, Mr. Parker has constructed approximately 500 homes and has managed the construction of apartment buildings for the Atlantic Heights project. He was the recipient of the New Jersey Builders Association SAM award for Project Superintendent of the Year in 2000. Mr. Parker holds a residential construction building inspector’s license and has attended Ocean County College.
Pamela Schuster
Sales and Marketing Manager
Pamela Schuster, sales and marketing manager, joined the company's sales department in 1993. Today, Ms. Schuster oversees all residential and corporate marketing and residential sales and closings for single and multi-family for-sale communities. Previously, Ms. Schuster was an administrative assistant with the Stewardson-Dougherty real estate firm in Princeton, NJ, and worked as a sales representative and sales processor for The Linpro Group at its Manahawkin and Margate locations. Most recently, Shore Builders Association of Central New Jersey, Inc. presented her with the 2009 Community of the Year Award for Whispering Hills, 2008 Marketing Director of the Year Award, 2005 Sales Manager of the Year Award, and 2004 Community of the Year Award for Ocean Acres at Barnegat.
Ms. Schuster is a current member of the Southern Regional Home and School Association (SRHSA) and the Southern Ocean Medical Center Foundation Annual Giving Committee. She obtained her NJ real estate license after attending Rider University in New Jersey.
Melissa Giarratano
Asset Manager
Melissa Giarratano, asset manager, joined Walters in 2002 as community manager. Ms. Giarratano oversees property management of the organization's diverse portfolio of residential and commercial properties. Ms. Giarratano began her career as a leasing agent where she served as assistant manager of 294 units. She previously received an award for "Assistant Community Manager of the Year" at Zom Residential Services in Orlando, Florida, for achieving 100% occupancy during the lease-up process. She received her Florida real estate license while attending Florida Atlantic University. Ms. Giarratano obtained her NALP designation through the New Jersey Apartment Association (NJAA) in 2003 and is an active member of the NJAA. She earned her "CCCP" designation for tax credit, affordable housing through Spectrum Enterprises in 2008.
Kevin Price
Co-controller
Kevin Price, co-controller, joined Walters in 2002 as the accounting supervisor. Mr. Price oversees all aspects of accounting including financial analysis; general, cost, and property accounting; accounts payable; and the preparation of interim and annual financial statements. Mr. Price has accounting experience in both public and private accounting. He earned a B.S. in accounting from Rutgers University and is also a certified public accountant and a member of the NJ Society of Certified Public Accountants.
Wayne Bacskai Jr.
Co-controller
Wayne Bacskai Jr., co-controller, joined the company in 2003 as an accounting supervisor. Mr. Bacskai prepares financial analysis of operations, including interim and final financial statements with supporting schedules. He also is involved in the supervision of general, property, and cost accounting; internal auditing; and budgeting controls. Mr. Bacskai has more than seven years of experience in public accounting and attended the Richard Stockton College in New Jersey, where he earned a B.A. in accounting.