Scott Seligman (born 1951) is an American real estate developer, the founder of the Sterling Bank and Trust FSB, and minority owner of the

San Francisco Giants The San Francisco Giants are an American professional baseball team based in San Francisco, California. The Giants compete in Major League Baseball (MLB) as a member club of the National League (NL) West division. Founded in 1883 as the New Yor ...

major league baseball team.

Biography

Seligman was born to a

Jewish Jews ( he, יְהוּדִים, , ) or Jewish people are an ethnoreligious group and nation originating from the Israelites Israelite origins and kingdom: "The first act in the long drama of Jewish history is the age of the Israelites""The ...

family in

Detroit, Michigan Detroit ( , ; , ) is the largest city in the U.S. state of Michigan. It is also the largest U.S. city on the United States–Canada border, and the seat of government of Wayne County. The City of Detroit had a population of 639,111 at ...

, the son of Irving R. Seligman. His father founded Seligman & Associates, Inc. in 1954 which initially focused on building garages in Detroit but soon expanded into building single family homes in Detroit and

Las Vegas Las Vegas (; Spanish for "The Meadows"), often known simply as Vegas, is the 25th-most populous city in the United States, the most populous city in the state of Nevada, and the county seat of Clark County. The city anchors the Las Vegas ...

.Seligman Group: "About the Seligman Group: Overview"
retrieved October 7, 2015 He attended the

Detroit Country Day School Detroit Country Day School (also known as DCD, DCDS, or Country Day) is a private, secular school located in four campuses in Oakland County, in the U.S. state of Michigan, north of Detroit. The administrative offices, facility services, safety an ...

and graduated with a B.A. from

University of Michigan , mottoeng = "Arts, Knowledge, Truth" , former_names = Catholepistemiad, or University of Michigania (1817–1821) , budget = $10.3 billion (2021) , endowment = $17 billion (2021)As o ...

. In 1971, Seligman & Associates went public and in 1973, Seligman joined his father's company as Vice President of Seligman of Florida, Inc. In 1976, he became Vice-President of Seligman & Associates, responsible for building single-family homes and managing owned multi-family properties; and in 1977, he became President, Director, and CEO of Seligman & Associates. By 1985, Seligman had developed over 10,000 units. In 1984, he founded the Sterling Savings and Loan Association which focused on residential mortgage lending and servicing.Sterling Bank: "Our History"
retrieved October 6, 2015 In 1987, the Seligman family took Seligman private. In 1990, Sterling expanded into commercial real estate lending. In 1993, Sterling Savings and Loan was renamed Sterling Bank and Trust, FSB. In 1995, the bank had $78 million in assets; by 2015, Sterling had grown to $1.3 billion in assets with 18 branches in the San Francisco area and its headquarters in

Southfield, Michigan Southfield is a city in Oakland County, Michigan, Oakland County in the U.S. state of Michigan. As of the 2010 United States Census, 2010 census, the city had a population of 76,618. As a northern suburb of Detroit, Southfield shares part of its ...

. In 2015, it pioneered the use of robotic greeters. In 1999, Seligman retired from Sterling to focus on real estate activities reallocating the bulk of the firms' portfolio to California by selling most of its Detroit area assets. He is a minority owner of the

major league baseball Major League Baseball (MLB) is a professional baseball organization and the oldest major professional sports league in the world. MLB is composed of 30 total teams, divided equally between the National League (NL) and the American League (AL), ...

team via his membership in an ownership group (San Francisco Baseball Associates LLC) led by

Charles Bartlett Johnson Charles Bartlett Johnson (born January 6, 1933) is an American billionaire businessman, with an estimated net worth of around $6.1 billion. Early life Charles Bartlett Johnson was born in 1933 in Montclair, New Jersey, to Rupert Harris Johnson ...

(which also includes

Peter Magowan Peter Alden Magowan (April 5, 1942 – January 27, 2019) was an American businessman. He was the managing general partner of the San Francisco Giants of Major League Baseball from 1993 to 2008. He was the chief executive officer of Safeway Inc. ...

, Philip Halperin, Allan Byer, David S. Wolff, and

Larry Baer Laurence Monroe Baer is an American businessman. He is best known as the president and chief executive officer of the San Francisco Giants of Major League Baseball. He succeeded Bill Neukom on January 1, 2012. Early life and education Born to a ...

), that purchased the team from

Bob Lurie Robert Alfred Lurie (born 1929) is a real estate magnate, philanthropist, and former owner of the San Francisco Giants franchise of Major League Baseball from March 2, 1976, until January 12, 1993. Early life Lurie was born to a Jewish family

in 1992.Crain's Detroit Business: "Low-key ownership style suits San Francisco Giants' Johnson" By Bill Shea
October 28, 2012

Philanthropy

Seligman is active in Jewish causes. Seligman served on the Capital Planning Committee at the Jewish Community Federation of San Francisco, was a board member of the Jewish Federation of Las Vegas, served on the board of the

Jewish Telegraphic Agency The Jewish Telegraphic Agency (JTA) is an international news agency and wire service, founded in 1917, serving Jewish community newspapers and media around the world as well as non-Jewish press, with about 70 syndication clients listed on its web ...

, and served as a Committee Member with

Birthright Israel Taglit-Birthright Israel ( he, תגלית), also known as Birthright Israel or simply Birthright, is a not-for-profit educational organization that sponsors free ten-day heritage trips to Israel, Jerusalem, and the Golan Heights for young adult ...

. He donated to and named the new Santa Fe Jewish Center-Chabad in historic Santa Fe

References

{{DEFAULTSORT:Seligman, Scott 1951 births American bank presidents American real estate businesspeople San Francisco Giants owners Detroit Country Day School alumni University of Michigan alumni Jewish American baseball people Living people 21st-century American Jews