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ELLIOTT D. POLLACK
POLLACK@EDPCO.COM
PROFILE
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Elliott D. Pollack is Chief Executive Officer of Elliott D. Pollack and Company in Scottsdale, Arizona, an economic and real estate consulting firm established in 1987, which provides a broad range of services, specializing in Arizona economics and real estate.
The firm maintains the most comprehensive economic database in Arizona, allowing it to accurately conduct economic forecasting, develop economic impact studies and prepare demographic analyses and forecasts.
Elliott D. Pollack and Company currently serves as the economics department for Maricopa County. As well, the firm serves a broad client base of both public and private sector entities that range from law firms and real estate developers to school districts and utility companies.
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Mr. Pollack has syndicated and master planned numerous properties in Arizona through affiliated companies. He is recognized for his expertise in discerning the relationship between real estate trends and land value, usage and timing for improvements and development.
He constantly monitors construction, sales and leasing activity in the Phoenix metropolitan area, to determine absorption rates and anticipated time frames for market recovery. Mr. Pollack conducts marketability and supply demand studies on retail, industrial and residential properties. He also is an expert in the valuation of fractionalized interests in limited partnerships.
Mr. Pollack is widely sought after as a member, consultant and speaker for numerous economic and real estate boards and organizations. He also is respected by local, state and national news media as an expert source for economic and real estate matters.
BACKGROUND
During his career in the Phoenix metropolitan area, Mr. Pollack has undertaken extensive economic studies that examine real estate projects from a myriad of perspectives. Under contract to the Arizona State Land Department as a Land Disposition Consultant, Mr. Pollack provided services in the areas of land valuation, marketability studies, feasibility analysis, infrastructure cost analysis and commercial lease analysis.
He has developed models of real estate value appreciation for the Phoenix area that are devoted to analyzing alternative land use strategies for property and economic feasibility. Mr. Pollack served as Chief Economist of Valley National Bank in Arizona for 14 years, prior to establishing his consulting firm. His responsibilities included developing and maintaining the institution's asset/liability model and state and national econometric model; providing local, state and national economic forecasting to the Board of Directors, customers, businesses, industry and analysts; and serving as editor for Valley National Bank's monthly economic publication "Arizona Progress" and the annual "Arizona Statistical Review".
AFFILIATIONS, MEMBERSHIPS, & CREDENTIALS
Arizona State University, Consulting Economist
"Arizona Blue Chip Economic Forecast", Editor
"Greater Phoenix Blue Chip Economic Forecast", Editor
Economic Estimates Commission, Member
Joint Legislative Budget Advisory Committee, Member
National Association of Business Economists, Member
Arizona Economic Round Table, Member
Institute for Investment Management, Member
Greater Phoenix Chamber of Commerce, Board of Directors
Sun State Savings and Loan, Board of Directors
Resolution Trust Corporation, Advisory Board
City of Phoenix Ad Hoc Committee on Resolution Trust Corporation Affairs, Chair
State Treasurer's Advisory Committee, Member
Phoenix Commission on the Economy, Member
Mr. Pollack has also served on the Board of Directors of numerous civic, community and cultural organizations.
Chartered Financial Analyst
American Society of Real Estate Counselors, Member
Licensed Real Estate Broker
Licensed Mortgage Broker
EDUCATION
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.
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