SOUTHEAST ASSET SPECIALISTS, LLC is a Florida limited liability company, founded in 2008, owned and operated by Karl Reid Hotaling a seasoned real estate professionals with over 30 plus years of real estate transaction experience. Mr. Hotaling is registered with the Florida Department of Business and Professional Regulation, Division of Real Estate, as a licensed Real Estate Broker. In addition, Reid Hotaling is a licensed unlimited Florida General Contractor and is a licensed Real Estate Broker in the state of North Carolina.
SOUTHEAST ASSET SPECIALISTS, LLC is led by Karl Reid Hotaling, a former homebuilding and multifamily housing developer. Reid has extensive experience in real estate acquisition, land development, construction and operations management, equity joint ventures and project financing. Reid began his homebuilding and development career in south Florida with Centex Homes and became a Florida Licensed General Contractor in 1976. Reid spent five years with Centex beginning his tenure in their formal two year management training program and was ultimately responsible for Centex’s Broward County operations delivering several hundred homes per year. From single-family homebuilding Reid went on to develop and build out a 984-unit luxury high-rise waterfront development in Miami Beach complete with a deep-water marina, a 35,000 sq.ft. health spa, a multi court tennis pavillion and an award-winningh upsale restauant. Following the completion of this project Reid became one of the founding members of a Charlotte, NC based rental apartment developer where he oversaw operations and became a Managing Partner, growing the company from a virtual start-up to a national firm that during Reid’s tenure built over 25,000 rental apartments in every state on the east coast from Florida to New Jersey.
Recruited to return to Florida in 1993 by K. Hovnanian Companies, Reid spent five years with K. Hovnanian starting as a VP of Land Acquisition and then as the Florida Division President where he oversaw the development, sale and build-out of over 2,000 homes. For the nine years prior to founding SEAS, Reid successfully led a $600,000,000 land acquisition program in his dual roles as Centex Homes' Southeast Florida Division's Senior Vice President of Land Acquisition and the Senior Vice President of the Southeast Florida Branch Office of Centex Realty, Inc. During Reid’s second tenure at Centex, the acquisition team facilitated the growth of the Division from 400 homes per year to an operation producing over 2,000 homes per year. Reid is a current CCIM candidate and has been an active contributor to the building industry by holding the offices of Government Affairs Director, PAC Chairman and President of the Gold Coast Builders Association (GCBA). Reid is a Life Director of GCBA and a past member of the Board of Directors of the Florida Homebuilders Association and is currently a member of the Northeast Florida Builder's Association, the Florida Homebuilder's Association and the National Association of Home Builders. Reid received his undergraduate degree in Construction Management from Clemson University School of Architecture and his M.B.A. from Emory University School of Business.
Mollie has over 30 years' experience working in the real estate arena. She began her career in a local family-owned real estate appraisal shop and then spent several years honing her research skills working for a property tax consultant firm in Los Angeles, California. Upon returning to Florida, Mollie took a position with the Altman Companies, a highly regarded luxury apartment developer, working with due diligence teams for proposed development sites, and then most recently for Centex Homes, a top tier national home builder, primarily assisting the Acquisition Department with all aspects of property research, due diligence and development. With her extremely strong research and analytical skills, Mollie has proven to be an invaluable member of Southeast Asset Specialists, LLC's team.