Greg Specht’s entire professional career has been in real estate development and construction. Born and raised in Salem, Oregon, Greg attended the University of Oregon on a football scholarship, where he received first team All Pac-8 and All West Coast honors in 1972 as a wide receiver. He received his Bachelor’s degree in Business Administration with an emphasis in finance in 1973. 

After a short stint playing football for the St. Louis Cardinals in 1973, and the Portland Storm in the World Football League in 1974, Greg worked for Pioneer National Title Company (now Ticor Title) in Salem, Oregon. While there, he began developing residential duplexes, which eventually led him to leave the firm in 1975, to pursue full-time development activities. 

His early real estate projects included development of single and multi-family dwellings, subdivision development, various federally funded housing programs, and low and moderate income rehabilitation projects in the core area of downtown Portland, Oregon. In 1986, Greg joined Scherzer-Moore Partners as Vice President of Acquisition and Development. As the firm grew, he was promoted to Senior Vice President and in 1988 to President of Scherzer Partners, Inc. 

In 1990, Greg resigned from Scherzer to form Specht Properties and Specht Development. At that time, Specht became the general partner of three industrial and office projects developed in partnership with the National Electrical Benefit Fund, based in Washington D.C. 

As a commercial developer, he has been responsible for the creation of over 3 million square feet of commercial and industrial real estate in Oregon and Washington, with a cost basis in excess of $250,000,000. In addition, his firm has provided construction or project management services to third party clients on over 3 million square feet with a cost in excess of $279,000,000. 

Greg is a long time member of the National Association of Industrial and Office Properties (NAIOP), where he served as President of the Oregon Chapter in 1993. He was elected to the National Board of Directors for a three year term beginning in 1996, and was re-elected for a second term in 1999. He served on the Executive Committee of the National Board in 1997 and was National Chair of the NAIOP Forums in 1998. He has also served on the Board of Directors of the Home Builders Association of Portland (1994) as well as on the Board of Innovative Housing, Inc., a non-profit affordable housing provider in Portland (1988-97) the Hearing and Speech Institute (1996-2001), the Multnomah Athletic Club, a 20,000 member athletic club in Portland, Oregon (1998-2001) and was the Board Chair at Jesuit High School (2003-2004). Greg is currently a member of the Board of Directors of Portland Golf Club, the Board of Trustees of Jesuit High School, the Board of the Green Building Initiative, the Regional Advisory Board of Young Life, and also serves on the Advisory Board for the Center for Real Estate at Portland State University.

Greg lives in Southwest Portland with his wife Roxanne, and twins Mathew and Madeline.

Todd Sheaffer is a native Oregonian who graduated from the University of Oregon with a Bachelor of Science, majoring in Finance and Marketing. Todd manages the day to day development activities of the Specht Companies.

Beginning his career with the Federal Deposit Insurance Corporation, Todd spent three years as a Financial Institutions Examiner/ Analyst. In this capacity he was responsible for analyzing the safety and soundness of banks, focusing primarily on commercial real estate loans.

Todd joined PacifiCare of Oregon as a Financial Analyst in 1994 where he was responsible for budgeting, forecasting, financial and managerial reporting, and cost accounting.

Seeking to focus on a career in commercial real estate, Todd joined Cushman & Wakefield of Oregon, Inc. in 1995, as a Financial Systems Analyst and was later promoted to Project Manager. He provided clients with customized financial and cash flow analysis, real estate portfolio analysis, disposition underwriting, due diligence studies, and computer generated presentations.

In 1996 Todd joined Specht Properties, Inc. as a Project Manager, and was promoted to Vice President of Real Estate in 1998. In 2001 Todd was promoted to Chief Operating Officer, and was then promoted to President of Specht Development, Inc. in 2006. Todd currently oversees all aspects of commercial real estate development, which includes identifying new real estate development and existing asset acquisition opportunities, supervising Project Managers, overseeing due diligence activities, arranging debt and equity financing, and negotiating lease and purchase and sale agreements. In addition to serving as President of Specht Development, Inc., Todd is the Chief Operating Officer of Specht Properties, Inc.

Todd currently serves as a national director of the board for the National Association of Industrial & Office Products, and has served as a director of the Board for the Portland Chapter of NAIOP from 2004 through 2007 (chapter president in 2005).

Todd was recognized in the Portland Business Journal's "Forty Under Forty" in 2006.

Todd and his wife April have four children and live in southwest Portland.

Bob Burns, a native Oregonian has been in the real estate development and construction industry since 1979. He started by working for a small local developer specializing in rehabilitation of several historic buildings in the downtown Portland area.

Bob joined Landsing Property Corporation as Vice President of Construction in 1981. In the five years spent with Landsing, he successfully completed projects in Portland, Oregon; Boise and Lewiston, Idaho; and Seattle, Washington.

Beginning in 1986, Bob was employed by Cornell Oaks Associates, where he was responsible for over-seeing the development of a 750,000 square foot flex industrial park in the Sunset Corridor, now known as the Cornell Oaks Corporate Center.

Bob joined Specht Properties in May of 1994 as Construction Manager and manages all aspects of construction for new developments, tenant improvements, and operations. He was promoted to Vice President in 1995.

Bob's clients have inlcuded Argyle Capital, Oregon Sports Medicine, Intel, Wachovia Bank, Equitable Real Estate, Principle Financial Group, Pacific Mutual, Cushman & Wakefield, Norris Beggs & Simpson, Capital Consultants, Pacificare of Oregon, Fullman Company, MedicaLogic, FEI Company, Webridge and West Coast Paper, among many others.

Notable past projects inlcude the 168,436 square foot Hillsboro Civic Center, the 376,000 square foot Argyle Square Retail/Commercial Center, the 50,000 square foot First Technology Credit Union Office Building (Phase 2), and the 30,000 square foot Wilsonville City Hall.

Recent projects include the 290,000 square foot Lovejoy Block 1, a 9-story building with a Safeway Store, parking and commercial office, the 329,000 square foot Lovejoy Block 2, a 16-story building with retail and for rent apartments, the 8,700 square foot Local 290 Plumbers and Steamfitters Training Center in Medford, Oregon, and the 73,600 square foot Willamette Marketplace, a mixed use development consisting of medical offices, commercial offices and retail space for lease and sale.

Vicki has been extensively involved with the real estate industry since 1986 and has experience in both commercial and multi-family property management. Her first position was with Landsing Property Corporation where she managed over 500,000 square feet of commercial downtown office space.

Vicki’s experience in multi-family management and apartment renovation was gained while working for Income Property Management as a property manager.  Following IPM, she became the Vice President of Portland Property Management and was responsible for all aspects of the company’s operations, as well as property management and renovation.  Vicki supervised the renovation of more than a dozen apartment complexes (600 units) in a two-year period.

In 1993, Vicki joined Specht Properties, Inc. and focuses on management of the properties developed by Specht Development as well as third party client properties. She is responsible for the management and leasing of 1,575,672 square feet of commercial property located in the Portland, Oregon metropolitan area.