Management Team Portfolios

Education

• New Mexico Military Institute; Preparatory, Orange Coast College; AA Degree Business & Economics, California State University-Fullerton; BA Degree American Studies with concentration in Business & Economics; MBA Graduate work California State University-Fullerton; Business & Economics

Served On The Following Boards

• Daon Development Corporation; A major public real estate company located in Vancouver British Columbia-Officer & Director
• Daon Corporation - Director, Officer & Chief Executive
• National Multi-Housing Adm. (USA) Director
• Five Star Management Group-Director & CEO
• Big Brothers Of Orange County-Director

James D. Stout, Developer

Developer’s Profile

• Thirty five years of senior level diversified corporate and real estate development, investment and operations management experience. A proven track record in creating value through negotiations, acquisitions, entitlements, development, construction, leasing and operations management.
  

Major Accomplishments

• Under Mr. Stout’s leadership, as founding President and Chief Executive Officer of U.S. Operations for the Daon Corporation, headquartered in Newport Beach, California, the company grew from a ground zero position in early 1975, to becoming the largest public real estate company in the United States by 1981. Mr. Stout was managing over twelve hundred employees throughout the country at this time. The company was ranked the second largest real estate company in North America. During his tenure, the company grew to just under Three Billion U.S. Dollars in assets. In 1978 and 1979 Daon was the most profitable public real estate company in North America. Daon Corporation was a wholly owned subsidiary of the Daon Development Corporation, headquartered in Vancouver, British Columbia. The U.S. subsidiary contributed over 70% of all revenues during his tenure. In the fiscal year ending October 31, 1980, U.S. operations contributed $464.2 million of the company’s gross revenues as compared to $189.8 million contributed by the Canadian operations. The company built over 10,000 homes, acquired over 25,000 rental apartment units, and converted the units to condominium ownership. The company was one of the largest land developers and suppliers of finished lots in North America, with over 100,000 acres of land in the United States alone. In addition, during this same period he was responsible for the development of several million square feet of office, retail and commercial space.
• As President and Chief Executive Officer of the J.D. Stout Company he acquired and developed over 20,000 multi-family rental units. The company became one of the largest apartment companies in the U.S. with over 1000 employees nationwide. All units were ultimately syndicated and sold. The portfolio was valued at One Billion U.S. Dollars at the time of the sale. Mr. Stout was responsible for all acquisitions, dispositions, and management of the entire portfolio.
• Over the past thirty five years Mr. Stout has personally been involved with trans-actional and turnkey development projects in excess of Five Billion U.S. Dollars. Real estate development experience including acquisitions, finance, zoning, land use & environmental regulations, construction, self storage development, hotel development, restaurant development, mobile home development, retail, industrial, commercial, and apartment development; including leasing and property management. Career feature articles; Money Magazine, Executive Magazine, Orange Coast Magazine, Sports Illustrated, Los Angeles Magazine, and various major newspaper articles.
  

Summary of Qualifications

• In excess of one hundred twenty five turnkey development projects through acquisition, development, construction, and disposition.
• Conversion of approximately twenty five thousand rental housing units to condominium ownership, primarily in Northern and Southern California.
• Approved entitlements – in excess of one hundred thousand acres. Major land projects physically developed: Shadow Ridge Country Club, Vista, California (1000 Acres), Corona Foot Hill Lemon Company, Corona, California (30,000 Acres); Belcourt, Newport Beach, California (120 Acres); Lake San Marcos, San Marcos, California (600 Acres); Scripps Ranch, San Diego, California (1000 Acres) Riverbend Crossing, DeSoto County, Mississippi (5000 Acres), The Preserve @ San Juan, Orange County, California (800 Acres), Hacienda de Caballo, Riverside County, California (274 Acres)
• Golf Courses built or retrofitted: Eighteen holes Ritz Cove Resort, Laguna Beach, California; Eighteen holes at Shadow Ridge Country Club; Final nine holes at La Costa Country Club, Carlsbad, California; Eighteen holes short course at Lake San Marcos, California; Retrofitted 18 holes at Desert Landmark. Award winning office towers: 444 Market, San Francisco, California world headquarters for the Shaklee Company. Daon Center, Newport Beach, California. Hamilton Cove Condominiums, Catalina Island, California,
• Built and sold in excess of ten thousand single family housing units primarily in Northern and Southern California.
• Developed and constructed in excess of five million square feet of office, commercial, retail, warehousing, mini-storage, hotel, and shopping centers throughout the United States, primarily in Southern & Northern California.

Other Major Projects As Development Consultant & Advisor

• Santa Teresa, New Mexico (50,000 Acres) - A major new city to be developed on New Mexico/Mexico border. One hundred thousand acres total of land. An eighty six lane border crossing approved and built. This project was prior to NAFTA being approved. The project anticipated a new international airport, and several thousands of new housing units, along with several million square feet of warehousing, industrial, commercial, and retail facilities.
• Nationalized Mexican airlines, AeroMexico & Mexicana, were privatized and needed an infusion of new capital. Mr. Stout arranged for a $500,000,000 U.S. Dollars funding on a sale leaseback basis.
• Bressi Ranch (600 Acres) in Carlsbad, California was negotiated for over one year and completed. The ranch was the last major piece of raw land left in the City of Carlsbad.
• Stagecoach Resort – Southern Utah, over five thousand acre master planned community at the entrance of five national parks.
• American Eagle International Airport (10,000 Acres) Southern Utah, a new to be developed International Cargo for the Southwestern region of the United States.
• Cabo Paradise, a resort retail hotel in the City of Cabo San Lucas, Mexico. 400 Hotel rooms with casino and retail entertainment venues.