About Michael Shustek
About Michael Shustek
Michael Shustek is a notable example of success through unwavering dedication, strong leadership, and a clear vision for the future. His influence and achievements in Las Vegas, Nevada, particularly in real estate and finance, are marked by innovative insights and strategic leadership.
Beginning his venture into the real estate industry in 1990, he has since crafted an impressive professional portfolio. Renowned for his exceptional leadership and immense work ethic, he founded Del Mar Mortgage in 1995. His pivotal role in launching Nevada First Bank in 1997, a state-chartered bank with the most significant initial capital base in Nevada's history, further highlights his professional prowess.
In 2012, he expanded his business acumen to the brokerage sector as a principal of MVP American Securities, becoming its sole owner by January 2013.
His tenure as the Chief Executive Officer, Secretary, and Chairman of The Parking REIT is a significant aspect of his career. His leadership in the company, known for pioneering the acquisition of parking facilities nationwide, culminated in its strategic sale in 2021, exemplifying his business expertise and leadership qualities.
His impact extends beyond his business ventures, particularly in contributing to real estate knowledge. He established Foreclosures of Nevada, Inc. and Shustek Investments, companies specializing in non-judicial foreclosures and property valuations, demonstrating his depth of understanding in the field.
He has co-authored "Trust Deed Investments," a book on private mortgage lending, and "If I Can Do It, So Can You," sharing his strategies and experiences with those aspiring in the industry. His guest lectures at Penn State University and the University of Nevada, Las Vegas, further showcase his commitment to sharing knowledge.
His academic qualifications include a Bachelor of Science in Finance, a concentration in Real Estate from the University of Nevada, Las Vegas, and an MBA from Colorado State University. His pursuit of higher education continues, as evidenced by his engagement in a doctoral program.
His leisure interests, such as work, travel, horse racing, football, and education, reflect his love for competition and underscore his admirable leadership and commitment to hard work.
He values his professional success as a means to contribute to the community. He is involved in over 70 charities, with significant roles including co-founding Joe Namath Charities and making notable contributions to Texas Children's Hospital, Penn State, Colorado State, UNLV, the University of Nevada, Reno, Helix High School's football team, and a significant donation to the Ronald McDonald House.