Mr. Fred Schuster

FGS Realty Advisors
1155 Camino Del Mar, #408
Del Mar, CA 92014
Office: 858-245-9273
Introduction

Fred Schuster, Principal of FGS Realty Advisors ("FGS"), brings more than 30 years of executive experience in real estate, hospitality, finance, development, asset management, and operations, along with more than 15 years providing expert witness and litigation support services. A licensed CPA and real estate broker, Fred has held C-suite leadership positions with nationally recognized real estate developers and luxury hospitality organizations, giving him a unique ability to combine sophisticated financial analysis with practical, real-world business judgment.

FGS specializes in expert witness and litigation support engagements, assisting attorneys and their clients in analyzing complex real estate, hospitality, financial, and operational disputes. Fred has worked on approximately a dozen litigation matters involving issues such as economic damages, real estate finance, development, asset management, hotel operations, brokerage standards of care, partnership disputes, and commercial real estate transactions. His services include case analysis, expert reports, deposition testimony, mediation, arbitration, and trial support.

What distinguishes Fred is his uncommon combination of executive leadership, financial expertise, development experience, and operational responsibility. Having served as a CFO, CIO, asset manager, developer, owner representative, operator, and consultant, he understands disputes from multiple perspectives. This multidisciplinary background enables him to provide objective, well-supported opinions that are both technically sound and grounded in the practical realities of the real estate industry.


Areas of Expertise
  • Business Interruption
  • Commercial Real Estate
  • Hotel & Hospitality
  • Lost Profits
  • Property Management
  • Real Estate Broker
  • Real Estate Damages
  • Real Estate Finance
  • Real Estate Valuation

Expert Background
Q: Please list your professional accreditations, degrees, licenses, and certificates granted:
A: - Certified Public Accountant (C.P.A.) - State of California
- Licensed Real Estate Broker - California Department of Real Estate
- Bachelors of Science Degree - Business Administration & Accounting - San Diego State University
Q: Please list your affiliations or memberships in any professional and/or industry organizations:
A: - American Institute of CPA's - (AICPA)
- Forensic Expert Witness Association (FEWA)
- California Association of Realtors (CAR)
- National Association of Realtors (NAR)
Q: On how many occasions have you been retained as an expert?
A: greater than 50
Q: For what area(s) of expertise have you been retained as an expert?
A: • Economic damages and lost profits
• Business interruption
• Real estate development and construction related claims
• Forensic accounting and financial analysis
• Finance and capital stack structures
• Brokerage standard of care and fiduciary duties
• Feasibility analysis and valuation
• Asset management and development
• Investor and partnership disputes in real estate ventures
• Homeowner association disputes
• Branded residential structuring
• Management agreements and operator disputes
Q: In what percentage of your cases were you retained by the plaintiff?
A: 50%
Q: In what percentage of your cases were you retained by the defendant?
A: 50%
Q: On how many occasions have you had your deposition taken?
A: >5
Q: When was the last time you had your deposition taken?
A: 2 years ago
Q: On how many occasions have you been qualified by a court to give expert testimony?
A: >5
Q: On how many occasions have you testified as an expert in court or before an arbitrator?
A: >5
Q: For how many years have you worked with the legal industry as an expert?
A: 30 years
Q: What services do you offer? (E.g.: consulting, testing, reports, site inspections etc.)
A: • Consulting
• Reports
• Site inspection
• Records review
• Forensic accounting
• Financial analysis
Q: What is your hourly rate to consult with an attorney?
A: tbd
Q: What is your hourly rate to review documents?
A: tbd
Q: What is your hourly rate to provide deposition testimony?
A: tbd
Q: What is your hourly rate to provide testimony at trial?
A: tbd

References

1) Brian Behmer
12526 High Bluff Drive
San Diego, CA 92130
619-922-3648

2) Robert Sunderland
16767 Bernardo Center Drive
San Diego, CA 92198
619-743-5342

3) Bill Caldarelli
3398 Carmel Mountain Rd, #250
San Diego, CA
619-742-9632