Indianapolis-based developer Milhaus makes key hire

Scot Sellers, formerly the chairman and chief executive officer of Archstone and the chairman of the National Association of Real Estate Investment Trusts, has been appointed lead independent director of Indianapolis-based multifamily developer Milhaus.

Sellers brings 37 years of real estate experience to the Milhaus board. He led Archstone, a market-leading real estate investment trust, for nearly 20 years, during which time he grew the company from several hundred million dollars in assets to a total capitalization in excess of $22 billion.

Sellers has been responsible for the development, acq

Sellers is a graduate of Lewis & Clark College and has a master’s degree in business administration from Stanford. He is also a board member for Howard Hughes Corporation, Inspirato, Habitat For Humanity International and ScholarLeaders International.