Mr. Stout has thirty years of senior level diversified corporate and real estate development, investment and operations management experience. He has a proven track record in creating value through negotiations, acquisitions, entitlements, development, construction, leasing and operations management. These qualities have led to many significant accomplishments in his career.

Under Mr. Stout’s leadership, as founding President of U.S. Operations for the Daon Corporation, headquartered in Newport Beach, California, the company grew from a ground zero position in early 1970’s, to becoming the largest public real estate company in the United States by the early 80’s. 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 the early 80’s 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 CEO 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 30 years Mr. Stout has personally been involved with transactional 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.

These accomplishments were made possible through Mr. Stout’s long list of professional qualifications, such as: