Scott Prephan is a successful and well-respected executive who has been active in real estate investment and international business development since 1990.
Scott Prephan entered the professional world thirty-five years ago, after graduating from Bowling Green State University with degrees in Accounting and Information Management Systems. He accepted an offer to join the management consulting team with Ernst & Young, where he thrived for five years. After several years with the industry-leading, global firm, Scott transitioned into the real estate sector, beginning with a few casual investment on the side while still working as a management consultant full-time. Before long, Scott realized not only was his small operation in real estate surprisingly lucrative, he actually enjoyed it tremendously. Scott has spent the decades since operating in multiple real estate areas, including real estate investment, development, brokerage, and consulting. His commercial and residential projects include lakefront developments, oceanfront developments, resort properties, and more.
Scott Prephan’s Entrepreneurial Pursuits
Scott has worked hard to build and develop his three businesses into the powerhouse real estate firms that exist today. His first business, Prephan Enterprises, was created to fill a notable white space that existed in the real estate market. He noticed a surplus of both lucrative investment opportunities and hungry investors, but saw that there seemed to be a disconnect between the two. So Scott founded Prephan Enterprises and began working hard to work as the middle man and bring together investment and investor.
Scott’s second business, 5 Lakes Global Realty, sought to extend his investment aid efforts even further — all the way across the ocean. The same issue that Scott had noticed within his local real estate market was pervasive internationally as well: there were wealthy foreign investors willing to finance property endeavors, and there were high-value real estate opportunities that were going unappreciated here in the United States, but there was no one to bridge the gap and connect the two. So, Scott took the initiative and became instrumental in one of the largest shifts of real estate investment in recent history as he brought new money into our economy. This entry into the global market lead Scott into his next venture.
In 2004, Scott Prephan began traveling to China to explore real estate investment opportunities. This trip would prove to be a life-changing event. After establishing partnerships with high-profile individuals abroad, Scott has become a leader in representing Chinese investment back home in the United States. Scott’s ability to deftly navigate international markets has created incredible opportunities for his partners to direct foreign investment into the United States. This has revitalized communities and transformed them for the better. His work has expanded to include an increasing presence in both Asian and European markets, as well as earned the support of business and government leaders alike, including Toledo Mayor Michael Bell and Ohio Governor John Kasich.
After decades of service to his local communities in Northwest Ohio and Southeast Michigan, Scott Prephan has also begun growing his business in the South Florida region. He has offices in Naples, FL, Marblehead, OH, Perrysburg, OH, and Shanghai, China.
Outside of Work
Scott Prephan is also a loving family man who, when he’s not busy with his multitude of businesses and causes, spends time with his loved ones enjoying the beautiful scenery in the Toledo area.
Scott Prephan: Philanthropist
Outside of his professional life, Scott is highly involved with bettering his neighborhood at home as well as his global community. He is an active member of Rotary and Rotary International and is passionate about bringing help and relief to those around the world who need it. Rotary is an incredible organization whose vast network and strong community ties offer clubs all across the world. Scott Prephan loves that, no matter where on the globe his work takes him, he can always stop by a club and make some small contribution. Of course, he’s very active within his local chapter in Ohio, which has played a critical role in providing support to a number of projects important to his community and communities everywhere. These projects include funding medical research, helping to defend women who fell victim to abuse, and advocating for park refurbishment and the creation of new outdoor areas.