Former Fortune 500 Director of Real Estate Joins LandTech Realty, LLC to Launch New Brokerage Division
November 22, 2010
CHARLESTON, SC – November 22, 2010 – Scott Hebebrand, President of Southeast Realty, has teamed with LandTech Inc. of South Carolina to form LandTech Realty, LLC. Scott brings to LandTech more than 15 years experience in real estate brokerage, acquisition, disposition, planning, entitlement management and development services with several Fortune 500 companies, the private sector and county government.
“The real estate downturn has created a unique opportunity for experienced real estate professionals to assist financial institutions with the disposition of special assets and REO properties,” said Hebebrand. “Current market conditions have challenged owners and financial institutions to maintain value and profitability in an environment where lending is practically nonexistent. Distressed assets will require capital in a business climate where most lenders are looking to clear balance sheets instead of providing additional capital. LandTech Realty will assist lenders in selling distressed assets and will also present opportunities to our well-capitalized clients to purchase off-market assets at a significant discount.”
Prior to joining LandTech, Scott served as South Carolina Director of Real Estate for KB Home. He led the division’s real estate operations for the national homebuilder, managing a $150 million portfolio and negotiating over $200 million in contracts involving acquisitions, special assets, dispositions and developments. Prior to this leadership role, Scott also was engaged in similar roles with the national homebuilders Toll Brothers and Ryland Homes.
In addition to his corporate experience, Scott gained valuable private sector land development experience with Pappas Properties as the key project leader for the community of Berewick, a 1,000-acre mixed use, master-planned community in Charlotte, North Carolina that was awarded Community of the Year (2008). He also augmented his real estate experience by serving as Regional Planner for Union County, North Carolina’s fastest growing county.
Over his career, Scott has been instrumental in the acquisition and disposition of $750 million in commercial assets. He has also played a significant role in the planning and development of multiple mixed-use and master-planned communities totaling over 7,000 residential units across the Southeast.
Scott is a licensed real estate broker in both North and South Carolina. He is a member of the Urban Land Institute and the Charleston Real Estate Developers Council and earned a Bachelor of Science degree in Geography from Ohio University with a concentration in Geographic information Systems and Urban and Regional Planning.
As the Director and Broker-In-Charge of the realty company, Scott will be instrumental in the expansion of LandTech’s Asset Management Division, which offers a full range of special asset services including Valuations, Regulatory Compliance, Construction Management Services, Sales and Marketing Services, Receiverships, Asset Management and Disposition Services. Specializing in land, lots, subdivisions and special asset sales throughout the Southeast, this new brokerage division, completes LandTech objective of being in a position to provide lending intuitions with a turnkey solution for evaluation, management or disposition of real estate assets.
For more information on LandTech, visit www.landtechsc.com.
