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Dustin Schmidt serves as Vice President of Real Estate Acquisitions for R.D. Olson Development. In this position, Dustin is responsible for the acquisition of new development opportunities and asset acquisitions. Dustin brings to R.D. Olson over 10 years of experience in development brokerage, real estate acquisitions, and development consulting.

Prior to joining R.D. Olson Development, Dustin founded a specialized real estate services company focused on assisting developers in the acquisition and sale of residential and commercial development opportunities. In 2004 Dustin was a founding broker and Senior Vice President for the Downtown Los Angeles office of O’Donnell/Atkins Company a land brokerage firm. He was responsible for over $400,000,000 in successful transactions specializing in high density residential and mixed-use projects throughout Southern California.

Dustin earned his Bachelor’s degree from the College of Urban and Regional Planning at Cal Poly Pomona. Prior to Cal Poly Pomona, Dustin studied in the School of Architecture in the College of Environmental Design at the University of Colorado, Boulder.

Bob Olson began working in construction at the age of 8, pulling nails for his stepfather. By the time he finished high school, he was working two construction jobs. At the age of 23, he took $35,000 in savings and founded R.D. Olson Construction.  In his first year, he did 80k in room additions. He worked by day and drew plans at night. Just a few years into the business in the early 1980’s, Bob faced a tough economy and high interest rates. It wasn’t a great time to be in the construction business. Most of the work was in renovations, so he did renovations. He reacted quickly and went where the market was.  A friend referred Bob to Sonny Bono, and he ended up building a restaurant for the former singer and congressman, which helped open some doors.

Bob pursued a graduate degree at the University of Southern California (USC) without an undergrad degree. In 1994 Bob graduated with an MBA from USC. Business School taught him better planning and honed his investment skills, and once he applied what he learned in school to the company, it doubled in size in just two years.

In 1997, following nearly 20 years as founder and CEO of R.D. Olson Construction, Bob founded R.D. Olson Development. Today, R.D. Olson Development is engaged in the development and repositioning of commercial properties nationwide, specializing in hospitality properties. The development company has become Bob’s passion.

The company has developed over one billion dollars in hotel assets/development since 2000. When other development companies were waiting out the great recession of 2008 R.D. Olson Development was diligently pursuing hotel sites; backed by the belief that there are good deals to be done during every part of the economic cycle.

Since founding R.D. Olson Development, Bob has built an executive team of employees who are at the top of their respective fields. This team allows the company to collaborate and successfully execute projects from start to finish.  R.D. Olson Development strives to “create value”, and Bob’s work philosophy is “to always be respectful, to be fair, and to reward your people for individual and company success.”  The synergy of the Development team, along with Bob’s values, is what sets R.D. Olson Development apart and makes for a thriving business environment.

Dustin Schmidt

Bio

Areas of Interest

RO
RD Olson Development
Newport Beach, United States
Founded in 1997

Dustin Schmidt

Bio

Areas of Interest

RORD Olson DevelopmentNewport Beach, United StatesFounded in 1997

RO
RD Olson Development
Newport Beach, United States
Founded in 1997