L. RIED SCHOTT
Schott Consulting Services
P. O. Box 5987
Playa del Rey, CA 90296
Bus: (310) 545-4848 Fax: (310) 545-5665
Web Site: http://www.inrealty.com E-mail: ried@schottco.com
Experience
1993 to present
SCHOTT CONSULTING SERVICES (SCS)
& WEBVISERS INC., Los Angeles, CA
President / Managing Director
Responsible for Internet consulting and Web site development targeted to real estate and financial firms with SCS. Specialized services include investment analyses of REIT’s and technology stocks. With WebVisers Inc., Mr. Schott is In charge of the operation of real estate and financial sites including InRealty (and affiliated sites covering stocks, mutual funds, books, research, sources, employment, mortgages, video tours, etc.), Debt.com and HomeBuddy.com. Mr. Schott authors an email newsletter, RealtyStocks Observer, distributed to nearly a two-thousand registered InRealty users monthly.
1990 to 1992
KARSTEN REALTY ADVISORS , Los Angeles, CA
Sr. Vice President - Director of Research
Established a research group with a billion dollar pension advisor, served on the investment committee, provided consulting and research services to a multi-billion dollar fund, and coordinated the appraisal process of over 30 properties annually. Developed demographic and demand / supply databases. Created a computerized GIS mapping system to evaluate existing properties, assist asset management and select target markets for acquisitions and dispositions. Participated in marketing and also established an IS department and library.
1988 to 1989
L.J. HOOKER INTERNATIONAL(INT"L REALTY CONSULTANTS), Atlanta, GA
(Formerly Merrill Lynch Appraisal Services)
Director
Established a consulting practice that reviewed over $3 billion of real estate portfolios. Provided investment analyses, market studies, appraisals, litigation testimony and computer support. Prepared disposition packages and conducted research for the parent firm, Hooker USA. Chaired the research and data task force.
1986 to 1988
DREXEL BURNHAM LAMBERT INC. , New York, NY
Vice President - Real Estate Financing Group - Mortgage Backed Securities Dept.
Provided due diligence by arranging for appraisals, engineer and market studies at fees of over $1 million. Reviewed reports and acted as a liaison to attorneys and clients. Reviewed over 300 submissions and assisted in deal origination, marketing and placement of debt and equity interests. Selected PC equipment and software for our division.
1980 to 1985
AMERICAN APPRAISAL COMPANY , Atlanta, GA
Real Estate Manager - Southern Region
Responsible for a staff of eight including hiring, training, reviewing, and supervising. Prepared in-depth appraisals and counseled corporate clients on the sale, purchase, rental, and marketability of various property types throughout the country. Served as a project manager in valuing real estate projects and portfolios involving industrial and financial staff for business value, liquidation value and allocation prices.
1976 to 1980
REAL ESTATE RESEARCH CORPORATION, Chicago, IL
(A former subsidiary of First National Bank of Chicago)
Appraiser, Senior Appraiser and Principal Counselor
Managed complex counseling and valuation assignments. Applied multiple regression and statistical analyses to unique valuations. Conducted valuation, market and feasibility studies in over 20 states.
1972 to 1976
GEORGIA DEPT. OF TRANSPORTATION, Atlanta, GA
Right of Way Agent and Staff Appraiser
Prepared appraisals on a variety of property types throughout Georgia. Specialized in complicated condemnation cases which required testifying in court.
Affiliations
Member - American Real Estate Society
Member - American Real Estate and Urban Economic Association
Affiliate Member - National Association of REALTORS
Past Voting Member - Nat'l Council of Real Estate Investment Fiduciaries
MAI - Member of the Appraisal Institute
SREA - Senior Real Estate Analyst
ARA - Accredited Rural Appraiser
Certified General Appraiser in California and Florida
Real Estate Broker in Illinois and Salesperson in Georgia & Florida
Past Member - National and Local Committees of AIREA and SREA
Past Member – Urban Land Institute & Intl Council of Shopping Centers
Clients/
Appraisals
Engagements involve numerous Fortune 500 firms, large insurance companies, banks, developers, government agencies, pension fund plan sponsors and advisors. Major investment properties include office buildings, regional shopping centers, industrial/warehouses, apartment complexes, hotels, business parks. Other property types consist of: grain & livestock farms, ranches, timberland, casinos, tennis centers, resorts, golf courses & PUD's. Assignments have been in over 30 states and Mexico.
Publications
Publisher & Author: "RealtyStocks Observer" – a monthly e-mail newsletter
Authored Chpt 7: Software, Data, and Management Considerations - in GIS in Real Estate.
Columnist of Business Geographic’s "Stock Market" and GIS World’s "Stock Watch".
Articles: The Appraisal Journal, Real Estate Issues, NCREIF Performance Report, The Real Estate Appraiser, Real Estate Computer Review, Computer Graphics World, Quarterly Byte
Education
GEORGIA STATE UNIVERSITY (Graduate Business) Atlanta, GA
UNIVERSITY OF DENVER (B.S.B.A.) Denver, CO Marketing Major - Real Estate Minor
OHIO WESLEYAN UNIVERSITY (Liberal Arts) Delaware, OH
Education
Courses:
U.C.L.A. - Financial Planning; New York University - Financing; Standard & Poors - Commercial Securitization; Appraisal Organizations (AIREA, SREA & ASFMRA).
Seminars, Symposiums, Colloquiums and Conferences - Sponsored by: GIS World, RESSI, Int'l Council of Shopping Centers, Clayton Environmental Consultants, Wilson Learning Center, Northwest Center for Professional Education, Dale Carnegie; Appraisal Institute, Am. Society of Real Estate Counselors, ULI.
Honors/Awards
Who's Who - Worldwide, in the West and the East
SREA Foundation Grant
Sponsored by the SREA Foundation for specialization in appraising.
Who's Who Among Students in American Colleges and Universities
Expert Witness
Qualified in several states for condemnation, tax appeal and litigation.