BBA from Texas A&M University
Masters in Land Economics + Real Estate
Law Degree from South Texas College of Law
Scot Luther is a founding partner of Virgata Property Company and oversees the firm’s acquisitions. Scot has 30 years of commercial real estate experience and since he began taking ownership in real estate ventures in 1999, has acquired or developed 40 retail and medical properties totaling over 450,000 square feet located in Texas, Mississippi and Tennessee. Since 2003, Scot and partner Jim Peterson have served as preferred developers for Fresenius Medical Care, the largest provider of Dialysis treatment in the world. Prior to running his own business; Scot served as Director of Acquisitions for CenterAmerica Property Trust, a Morgan Stanley owned REIT where he was responsible for acquiring grocery anchored centers in Louisiana, Mississippi and Arkansas. Scot began his real estate career as a Leasing Executive at Weingarten Realty (WRI) where he negotiated hundreds of retail leases and renewals over an eight-year tenure. Beginning in 2008, he served as a Board Member of REITPlus, a private, publicly regulated REIT and upon its merger into AMREIT (NYSE) in 2010, served as a Board member of AMREIT until it was sold to Edens in 2015. Scot currently serves as a Trustee of the Houston Real Estate Business Coalition and has formerly served on the Board of the Presbyterian School, Secretary of the Episcopal High School Dad’s Club, a Councilman on the City Council of Southside Place and an Elder at First Presbyterian Church Houston.
BBA from Texas A&M University
Jim Peterson is a founding partner of Virgata Property Company and oversees the firm’s development activities. Jim has 30 years of commercial real estate experience, and has been an owner and developer since 1999. His primary expertise is in design, construction and real estate portfolio management. He has been associated with Fresenius Medical Care as a preferred developer since 2003, as well as being involved in a variety of new development and redevelopment projects. Jim began his real estate career in the service industry, first as an appraiser and later in the brokerage industry. As a member of the Appraisal Institute, he specialized in right-of- way acquisition and expert witness testimony. On the brokerage side, he represented national tenants in site acquisition and with private developers on market studies and site assemblages for grocery store and drug store sites.
B. S. – Texas State University
Licensed Real Estate Salesperson
David Boone is a partner of Virgata Property Company specializing in both Acquisitions and Ground-Up development. David manages all aspects of the development process including site selection, construction management and dispositions. David has years of investment experience in both residential and commercial real estate. Over the past 3 years, he has overseen the development of medical, retail and restaurant properties with a total value in excess of 35 million dollars. Prior to his career in real estate, David negotiated leases and property acquisitions in the energy sector.
BBA – University of Houston, Clear Lake
Senior Accounting Manager
Melanie Reece-Hodge joined Virgata Property Company in 2016 as the Senior Accounting Manager. Her experience includes ten years of Commercial Real Estate Accounting for Twenty Twenty Properties in Houston. Melanie’s experience includes Accounts Payable/Receivable, Reviewing Income Statements, Research, Marketing, Yardi Voyager, working with Auditors, and fire warden training. Melanie holds a Bachelor of Business Administration in Marketing from University of Houston Clear Lake, which she graduated in 2005.