Financial Services >> CEO Interviews >> March 24, 1999

R. Scott Sellers – Archstone Communities Trust (asn)

R. SCOTT SELLERS is Chairman and Chief Executive Officer of Archstone Communities. Since 1994, Mr. Sellers has played a pivotal role in the growth and development of Archstone Communities into a premier, multi- billion dollar, market-leading real estate investment trust. Under his direction, Archstone has created a development pipeline of over $1.7 billion and has been a consistent top performer in the multifamily REIT industry. Mr. Sellers has assembled an experienced, qualified management team to help capitalize on opportunities in markets throughout the United States. Through a carefully crafted strategy of research-based capital management, Mr. Sellers has helped position Archstone Communities as an innovative, market-leading REIT with a market capitalization of over $5.3 billion. In 1998, Mr. Sellers was instrumental in engineering the merger between Security Capital Pacific Trust and Security Capital Atlantic Trust to form Archstone Communities. With over 18 years in the multifamily real estate business, Mr. Sellers has overseen the development of over 35,000 apartment units across the country. Prior to joining Archstone Communities, Mr. Sellers held senior positions with Security Capital Group and Lincoln Property Company. Mr. Sellers received his Master of Business Administration from Stanford University Graduate School of Business and his Bachelor of Science Degree from Lewis and Clark College. Profile
TWST: Please give us a brief overview and history of Archstone, the

sectors of the market you focus on, your business segment and geography.

Mr. Sellers: Archstone is a national apartment