DALLAS - Bradford Commercial Real Estate Services has added a financial industry veteran to lead its focus on acquisitions and development for its clients
and equity partners.
Joining the firm as senior vice president of investments is Stephen A. Scott, CCIM, a debt and equity professional with 38 years' experience as a broker,
investor and company president. Scott, who started in the industry in 1974 with Henry S. Miller, transitioned to the financial side of commercial real
estate in 1991. Since then, he's structured 65 investment partnerships, valued at $385 million, and secured $81 million of equity capital, running the
gamut with investments in the medical, multifamily, retail, office and industrial sectors.
"We have multiple platforms where we can better leverage our deal flow into acquisition and development ventures with Stephen's expertise," says Kevin J.
Santaularia, president and CEO of the Dallas-based brokerage firm. Bradford manages and leases more than 20 million sf in the Dallas/Fort Worth
metropolitan area and controls in excess of one million sf of partnership assets.
Scott most recently was president of Dallas-based Kinsman Equity Partners, primarily an investor in parking properties. Its nine-property portfolio in
downtown metropolitan markets has been amassed since mid-2008. His background includes stints as president of HSM Equity Partners and Realty Capital
Partners, which he co-founded.
Bradford's expertise in the industrial sector will jump-start the investment strategy, targeting acquisitions at below replacement costs and demand-driven
development. The goal is to create investments that could achieve a 20% annual return.
"Bradford has the ability to do some large investments," Scott says, "and there are plenty of institutional investors who'd like to co-invest with
Bradford."
As he meets with Bradford's 25
brokers, Scott is being introduced to the opportunities they now see in their respective markets and the
depth of their broker-client relationships throughout Dallas/Fort Worth. Bradford also is a member of the CORFAC International, an alliance designed to
manage multi-market commercial real estate assignments through its 75 U.S. partners with 150 offices worldwide.
"My role is to leverage Bradford's market intelligence with my knowledge of financing and deal structuring with investors," Scott says.
September 24, 2012
