Tuesday, May 23, 2006
Horatio Alger Lives!
From Madison's Capital Times.
High-wire developer: T. Wall makes major mark in commercial property
First off, Terrence Wall wants to make a couple of things perfectly clear.
No, he didn't become the largest commercial real estate developer in Dane County off the family money - although those connections certainly didn't hurt. His father, John, is retired owner of DEMCO, the successful local library supply company.
"Dad was an early investor and the way it turned out now he got a pretty good deal," Wall says. "But the idea that he bankrolled me just isn't true."
And yes, Wall is leveraged to the hilt.
I'm going to the bank today to borrow $50 million!