Michael Shustek is an exemplar of success, emerging from unwavering dedication, visionary leadership, and a forward-thinking mindset. As a prominent figure in the Las Vegas, Nevada community, he has demonstrated remarkable prowess in the realms of real estate and finance, marked by his innovative approaches and strategic guidance.
Professional Trajectory: Shaping Dreams into Reality
Beginning his journey in the real estate sector in 1990, Michael Shustek has since crafted an impressive career path. His founding of Del Mar Mortgage in 1995, driven by his extraordinary leadership skills and robust work ethic, stands as a testament to his professional acumen. His pivotal role in establishing Nevada First Bank in 1997, known for its record-setting initial capital in Nevada,
further highlights his business savvy.
In 2012, Shustek expanded his horizons into the brokerage world as a principal of MVP American Securities, eventually acquiring full ownership in 2013. His tenure as the CEO, Secretary, and Chairman of The Parking REIT, a pioneering company in acquiring parking facilities nationwide, culminated in a strategic sale in 2021, underscoring his astute decision-making and leadership.
Impact in Real Estate and Finance
Shustek's influence extends beyond his entrepreneurial ventures. His establishment of Foreclosures of Nevada, Inc. and Shustek Investments, focusing on non-judicial foreclosures and property evaluations, showcases his deep understanding of the industry. He has also authored "Trust Deed Investments" and "If I Can Do It, So Can You," offering insights and guidance to aspiring professionals. His guest lectures at Penn State University and the University of Nevada, Las Vegas, further exhibit his commitment to knowledge dissemination.
Academic Pursuits and Personal Passions
Holding a Bachelor of Science in Finance with a Real Estate concentration from the University of Nevada, Las Vegas, and an MBA from Colorado State University, Shustek is currently engaged in a doctoral program, reflecting his unceasing quest for knowledge. His interests include travel, horse racing, football, and education, mirroring his competitive spirit and dedication.
Community Engagement and Philanthropy
Recognizing his achievements as avenues for societal contribution, Michael Shustek has actively supported over 70 charities. His notable roles include co-founding Joe Namath Charities and significant donations to organizations like Texas Children's Hospital, various universities including Penn State, Colorado State, UNLV, the University of Nevada, Reno, as well as local initiatives like Helix High School's football team and the Ronald McDonald House.
