Scott worked in the commercial banking industry for ~7 years in Commercial Real Estate Lending departments and later REO (Real Estate Owned) departments. Scot was responsible for large portfolios of non-performing assets, including OREO shopping centers, office buildings, and a 267 acre raw land, commercial development.
Scott direct managed realty assets including shopping centers, office buildings, hotels, condo projects, apartment complexes, incomplete housing subdivisions, and a multi-PUD, land development project encompassing 10,000 acres of semi-developed commercial and residential land, including an existing 350 member country club/golf course/hotel. Each project required individualized evaluation, business plan, and budgets.
Small projects were in the $3MM to $6MM range, and larger projects were $125MM to $200MM in market value.