Stephen E. Roulac, PhD Expert Witness
Curriculum Vitae

Contact this Expert Witness

  • Company: Roulac Global
  • Phone: 415-451-4300
  • Cell: 415-306-4127

Specialties & Experience of this Expert Witness

General Specialties:

Real Estate and Economics

Specialty Focus:

RE finance/investment,Causation/liability,Damages,Consulting expert, Valuation/appraisal/analytics,Fiduciary/ ethics, Due process/diligence, Properties/markets, Cycles, Conservation easements,Housing, Financial economics, Development/building,Loans, Securitization/CMBS/RMBS, Proptech, Leases, Strate


PH.D, Stanford University; J.D., University of California; M.B.A., Harvard University; B.A., Pomona College

Years in Practice:


Number of Times Deposed/Testified in Last 4 Yrs:


Additional Information

Dr. Stephen Roulac’s background includes working as a real estate expert providing professional strategic property analytic, investment management, and advisory services to decision-makers. Stephen Roulac has been retained as a consulting and/or testifying expert for 150+ matters, including many of the most significant real estate litigation assignments of the last several decades. Dr. Roulac and his team provide consulting advice and expert witness services to assist clients in resolving problems, including diagnosis, analysis, development of alternative solutions, and implementation assistance in negotiation, mediation, arbitration, and litigation. Dr. Roulac and his team have assisted attorneys to successfully pursue their cases on behalf of plaintiffs, defendants and the public interest in civil, bankruptcy, and criminal matters in Municipal/Superior/Federal courts and in public hearings and specialized proceedings before government (city, county, state, federal) and legislative and regulatory (IRS/SEC/FDIC/DOL) agencies. Some key areas of his litigation work include complex damages/causation/ attribution/liability; real estate company/property/ portfolio valuations, and damages; real estate financing; construction defects; development economics; antitrust, lender liability, fiduciary responsibility; environmental damages, appraisal fraud, and real estate securitization. As an expert who works with attorneys in consulting and testifying roles, his perspectives and qualifications are meaningfully different from those who concentrate primarily on litigation. HIGH IMPACT PROFESSIONAL INVOLVEMENTS • Expert witness/consultant in 150+ complex, high-stakes lawsuits • Retained as lead litigation consulting expert in two 21st century highest profile, highest stakes, significant issues, including 9/11 and Great Recession: Appraisal/Mortgage Securities Fraud • Presentation effectiveness on the stand derives from 1,000+ keynotes, seminars, speeches, and panels • Professional services provided to 1,000+ clients in several 1,000 engagements • Created/built/led two of Big Four accounting firms property consulting/valuation practices • Founder/CEO/CIO of investment firm — 150 professionals in five offices on three continents — investing in best property companies in best places: 30%+ returns over five years: top 1% investment managers globally • Lead advisor/investor portfolio of 25 early-stage/growth companies • Faculty member at leading universities including Stanford University, UC Berkeley, UC San Francisco Law, University of Ulster, Belfast: Visiting Distinguished Professor of Global Property Strategy • Teaching in diverse colleges/schools/departments: accounting, architecture, business, economics, engineering, finance, law, management • Award-winning research: ranked 1/2/3/4 in world amongst 4000+ researchers from 70+ countries publishing in leading journals • 500+ published articles/reviews/columns; 20+ books, many considered landmarks • Forbes columnist plus NPR Location Matters radio show • Recognized by UC Berkeley as one of 100 most impactful real estate influentials in 20th Century • One of very few to hold graduate degrees from and academic/research appointments at three of the world’s four leading universities — Harvard (MBA), Stanford (PhD), UC Berkeley (JD) • On numerous boards/task forces - public/Nonprofit/private/research - including American Real Estate Society(past president): comprised of ‘thought leaders of real estate’ • Has held CPA, CMC, AICP designations His work bridges construction sites and high finance, the academy and the board room, technology and investing, intellectual innovation, and entrepreneurism, including starting, building, and leading new businesses in 20 metros on three continents. His work has addressed real estate decisions and issues in all states and countries on all continents; includes all property types, debt and equity positions, securities and specialized interests.