Preston Schell

Chairman and CEO

Mr. Schell is co-founder and President of the Ocean Atlantic Companies, a diversified group of real estate development, management, construction and brokerage firms, including Ocean Atlantic Management (development mgmt.), Ocean Atlantic Sotheby’s (real estate brokerage), Schell Brothers (production homebuilder) and TVG Partners (self-storage and fitness centers).  Mr. Schell serves as the Managing Member of approximately 50 limited liability companies engaged in OAC’s various real estate activities and development projects.   Prior to starting Ocean Atlantic in 1997, Mr. Schell worked as an investment banker for Merrill Lynch in Chicago.

Mr. Schell is also involved in a number of not-for-profit entities.  He co-founded in 2001 the Sussex County Land Trust, a public/private partnership between the real estate community and the County with the mission of preserving open space in Sussex County, and served as its Vice Chairman for over 10 years.  Mr. Schell currently serves as the Chairman of the Delaware Chapter of the Nature Conservancy and is a leader in the formation, serving as the Chair of the site selection, design, and construction committees, of the Sussex Preparatory Academy charter school.

Mr. Schell graduated magna cum laude from Amherst College (1996) and he has an MBA from the Harvard Business School (2002).  He resides in Rehoboth Beach, DE with his wife, Kathleen, and two teenage sons, Jack and Brady.