TENCAL Management Team
Richard H. Botts (Principal)
Mr. Botts is a principal in TenCal, LLC. In association with Theodore J. Schwartz, TenCal was formed in June, 2003 for the purpose of acquiring existing, net leased warehouse properties which afford higher than usual returns on safe, well managed property. Mr. Botts brings more than 47 years experience in owning, financing, appraisal, management and sales of income producing real estate.
Mr. Botts attended David Lipscomb University and the University of Tennessee majoring in Finance. Mr. Botts began his career with the Federal Reserve Bank in Nashville. Following that, he began work as an appraiser in the Property Assessor's Office of Nashville, becoming Chief Deputy and Principal Appraiser, with a staff of 48 employees. He also served as Senior Instructor for the International Association of Assessing Officers (IAAO) and taught 39 schools in 17 states on real estate economics. He authored the official textbook used in training by the Tennessee State Board of Equalization and was key note speaker at IAAO conventions in Denver, New York and Miami. Mr. Botts was certified as an “expert witness” in Courts located in Tennessee, Missouri, Georgia and Alabama in the area of Real Estate and Ad Valorem Taxation.
Mr. Botts entered the private sector as Vice President of First and Mid-South Mortgage Corp. in Nashville. He specialized in financing all types of commercial, income producing real estate. In 1977 Mr. Botts founded Union Mortgage and Investment Company. The firm specialized in the finance, appraisal and syndication of commercial income producing property. As a result of the investment and finance activities afforded by Union Mortgage and Investment Co., Mr. Botts founded six diverse companies during the 1985 -1997.
Since 1997 Mr. Botts has been associated with The Capital Corporation, a firm specializing in the sale and development of investment grade real estate. As a result of activities involving The Capital Corporation, Mr. Botts and Mr. Schwartz founded TenCal, LLC in 2003.
Mr. Botts is a resident of Nashville, TN., is married and the father of three grown children.