June 11, 2018 Comments Off on Stan Ross Passes Away at 82 Views: 4394 California News, Top California

Stan Ross Passes Away at 82

Stan Ross, one of the country’s most influential real estate accountants, passed away on Sunday, June 10, 2018 at the age of 82. The devoted family man advised many of the leading real estate companies, and served as chairman of the USC Lusk Center for Real Estate for nearly two decades. During a career that spanned more than 60 years, he became established as one of the industry’s most respected minds.

Ross was born in 1936 in the Bronx, and furthered his education at the City College of New York business school. Now known as Baruch College, the school teaches accounting in the Stan Ross Department of Accountancy. After college and Army service, Ross moved to Los Angeles in 1961, and helped build Kenneth Leventhal & Co. into the ninth-largest accounting firm in the country.

Among the company’s real estate clients were the Irvine Co., Donald Bren, Forest City, A. Alfred Taubman, and Donald Trump. Ross was also involved in the initial organization of the Resolution Trust Corporation.

Leventhal & Co. merged with accounting giant Ernst & Young in 1995, and Ross served as managing partner of the firm’s real estate accounting practice and a vice chairman of the firm. He retired from Ernst & Young in 1999, but continued to work as a consultant.

Ross guided the USC center to global prominence over the 18 years he served as chairman of the Lusk Center advisory board. He was instrumental in the creation of the Ross Minority Program in Real Estate.

Ross is survived by his wife of 61 years, Marilyn; daughters, Ellen, Alison, and Michelle and her husband Dan; grandchildren Mark and his wife Jessica; Jamie and her husband Chase; Joey and Ava; Destin, Lauren and her fiancé Simon; Maya, Amy, Samantha, Adam, Danny, Michael, and Brian; as well as his great grandchild Oliver Stanley.

In lieu of flowers, contributions may be made to the Ross Minority Program:
USC Ross Minority Program in Real Estate
650 Childs Way, Suite 331
Los Angeles, CA 90089

Read more at New York Times

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