Douglas M. Scott, CCIM, MBA Owner / Investment Properties

Practice Areas:

• Investment Properties
• Tax Advantaged Real Property Solutions for the Oil & Gas Industry

Education:

• University of Pittsburgh – Katz Graduate School of Business (M.B.A., Finance)
• University of North Carolina at Chapel Hill – (B.A., Economics & German)

Professional Affiliations:

• Licensed Real Estate Broker
• Certified Commercial Investment Member (CCIM)
• Member of Ohio Oil & Gas Association (OOGA), Independent Oil and Gas Association of West Virginia (IOGAWV) and Southeastern Ohio Oil & Gas Association (SOOGA)

Representative Work:

• Twenty-two years of real estate experience working with retail and multi-family developers and owners directly involved with selling, acquiring or performing stock sales involving commercial investment real estate.
• Prior real estate experience entails serving as V.P.-Investment Properties for international commercial real estate brokerage firm specializing in single tenant net leased investment and shopping center sales as well as having the positions of President and V.P.-Finance of a Pittsburgh firm specializing in multi-family properties.
• Doug is well versed in performing 1031 Like-Kind Exchanges (forward and reverse exchanges), tax credit deals (e.g. GOZone), and Tenants-In-Common Agreements. Advised and successfully implemented strategy utilizing various 1031 Like-Kind Exchange techniques to reposition portfolio of assets and enhance EBITDA.
• Performed valuation analyses, prepared investment offerings, marketed properties, provided financing recommendations and negotiated on clients’ behalf for both individual and portfolio sales transactions. Advised clients of investment solutions to realize objectives and maximize investment returns.  Assisted clients in locating real estate investment opportunities.
• Responsible for financial performance and reporting of firm having portfolio of 21 multi-family and retail investment properties, employee matters, acquisitions and dispositions. Negotiated and managed loan matters and lender relations.

Michael G. Eberhart, CPA Senior Tax Advisor

Practice Areas:

• Tax Advisory Services focused on the Oil & Gas Industry

Education:

• Walsh University (B.A. – Accounting)

Professional Affiliations:

• American Institute of Certified Public Accountants
• Ohio Oil & Gas Association (serves as Audit Committee chair and member of Taxation Committee)
• Council of Petroleum Accountant’s Societies-Appalachia

Representative Work:

• Mike is currently serving as Senior Tax Advisor with Scott Realty Advisors, LLC in a consulting capacity focused on bringing tax advantaged solutions to firms in the oil and gas industry.
• Mike had been a member of the accounting firm Hall, Kistler & Company LLP since 1969 and became managing partner in 1990. In 2011, he decided to step down from the managing partner role to spend more time with his clients as senior partner.   After a 45 year career at Hall, Kistler, Mike retired in December 2014.
• Mike brought tremendous stability to Hall, Kistler and helped to develop a number of the firm’s niches, most notably Oil & Gas. As the Management Advisory Service Partner, he was well versed in business valuations, business planning, mergers, acquisitions, litigation support, due diligence techniques and forecasting financial statements.  Mike was also the firm’s SEC Partner and experienced in dealing with European clients.
• Mike’s experience includes expert testimony, tax planning and return preparation for the oil & gas, manufacturing, and wholesale industries.

Reid E. Baker Research Analyst / NC Provisional Broker

Practice Areas:

• Oil & Gas
• Investment Properties

Education:

• University of Mississippi (B.A. – Political Science)

Representative Work:

• Reid is new to the real estate industry. He recently obtained his NC Provisional Broker license.
• Serves as an assistant to Doug Scott and has been focused on learning the oil and gas industry with particular focus on the Marcellus and Utica Plays occurring in Ohio, West Virginia and Pennsylvania.
• Learning about investment properties and how they are advantageous to investors.
• Searches title records for both real estate and oil & gas transactions.
• Researches and maintains listing and sold comparable data in addition to corporate credit ratings.

Community Involvement:

• Actively engaged with various volunteer projects at Davidson United Methodist Church

Personal

• Raised in Davidson, NC
• Enjoys following sports especially the Ole Miss Rebels and Carolina Panthers