Scott Bottles is the Executive Vice President of the Real Estate Banking Group at Wells Fargo Bank. In this capacity, Mr. Bottles structures and approves loan workouts, extensions and new originations and monitors the credit quality of a portfolio that totals nearly $10 billion in commitments. Mr. Bottles has underwritten or approved more than $11 billion in new originations during his 25-year finance career. He has experience in virtually all product types including office, retail, industrial, apartments, condominiums, hotels, assisted living, self-storage and franchise finance. Mr. Bottles is thoroughly conversant in structured finance having originated, structured, bought and sold senior and subordinate debt as well as equity investments.
Prior to rejoining Wells Fargo, Mr. Bottles spent two years as a principal of the investment banking firm George Smith Partners where he participated in the placement of over $1.5 billion in debt, mezzanine and equity capital. He also chronicled the 2008 liquidity crises for GlobeSt.com in a series of widely read articles.
During his first stint at Wells Fargo, Mr. Bottles held various management positions during his 22-year tenure. He held the position of Principal of Real Estate Merchant Banking where he directed Wells Fargo's real estate capital markets efforts in the Southwest. Mr. Bottles and his staff originated mezzanine and senior loan products, large fixed and floating rate securitized mortgages, distressed note purchases and equity investments. As one of four Principals in Real Estate Merchant Banking, Mr. Bottles participated in setting policy and strategy for the group.
Earlier in his career, Mr. Bottles managed one of the largest construction lending offices in the bank. During the early 1990s, Mr. Bottles faced the challenges of a serious real estate recession. Directing the efforts of up to 25 professionals, Mr. Bottles negotiated the resolution of $1.8 billion in complex problem credits. Other responsibilities included extensive interaction with federal banking regulators.
Mr. Bottles holds a PhD in American History as well as a MBA in Finance and Accounting from UCLA. His book, Los Angeles and the Automobile, examined the development of southern California in response to the automobile. This book received the Donald H. Pflueger Award from the Historical Society of Southern California. Mr. Bottles has published articles in anthologies and newspapers as well as book reviews in scholarly journals.
Mr. Bottles has a strong interest in the arts and humanities as evidenced by his board affiliations. He served eight years as President of the Board of Trustees of The Accelerated School, a charter school in South Central Los Angeles which TIME Magazine named Elementary School of the Year in 2002. He is a past President of the Los Angeles Baroque Orchestra and former Treasurer of the Historical Society of Southern California. He has also served as Vice President of the Los Angeles Chamber Orchestra as well as a member of the executive committee of the California Council for the Humanities.
Mr. Bottles has been married to Catherine Kelly for 27 years and has two adult daughters. He is an avid endurance cyclist and sailor.