Elliott D. Pollack

Chief Executive Officer

pollack@edpco.com

Elliott D. Pollack is CEO of Elliott D. Pollack & Company. The firm provides consultation on all aspects of the Arizona economy with specialization in the real estate market. Through affiliated companies, Mr. Pollack has syndicated and master planned numerous properties. Because of his strong economic background, he is highly knowledgeable about trends in real estate and how these relate to land value, usage and timing for improvements and development.

For fourteen years, Mr. Pollack served as Chief Economist of Valley National Bank of Arizona. He was responsible for Valley National Bank's asset/liability model and for the state and national econometric model which he built and implemented. He was responsible for local, state and national economic forecasting to the Board of Directors, customers, business, industry and analysts. Mr. Pollack was editor of Valley National Bank's monthly economic publication "Arizona Progress" and the annual "Arizona Statistical Review".

Widely quoted by local, state, regional and national media, Mr. Pollack's credentials are extensive. He is a Chartered Financial Analyst, a member of the Institute for Investment Management, Arizona Economic Round Table, National Association of Business Economists, Economic Estimates Commission, Joint Legislative Budget Advisory Committee, State Treasurer's Advisory Committee, the Phoenix Commission on the Economy, and CityShape 2020 (the advisory team for the City of Scottsdale). He is a consulting economist at Arizona State University, an editor of “Arizona Blue Chip Economic Forecast” and “Greater Phoenix Blue Chip Economic Forecast.” Mr. Pollack is also a member of the American Society of Real Estate Counselors, a licensed real estate broker, a licensed mortgage broker, and a Certified General Appraiser in the State of Arizona. He has also been an arbitrator on multiple court cases.

He has been a keynote speaker for numerous national conventions and university luncheons. Mr. Pollack has also served on the Board of Directors and the Advisory Board of Sun State Savings and Loan. He has served on a local Advisory Board to the Resolution Trust Corporation. He was also Chair to the City of Phoenix Ad Hoc Committee on Resolution Trust Corporation Affairs. He is currently on the Board of Directors for the Phoenix Chamber of Commerce.

As one of Arizona's leading economists, Mr. Pollack is constantly monitoring construction, sales, and leasing activity to determine absorption rates and anticipated time frames for market recovery. Mr. Pollack has also conducted marketability and supply and demand studies on retail, industrial, and residential properties for a number of private clients. He is also an expert in the valuation of fractionalized interests in limited partnerships and has negotiated numerous real estate deals.

Mr. Pollack earned a Bachelor of Science in Accounting from Boston University in 1967 and a Masters in Business Administration from University of Southern California in 1968. He has served on the Board of Directors of numerous civic, community and cultural organizations.