Lynn Carlson Schell

Lynn Carlson Schell

Chief Executive Officer and Managing Principal


Lynn Carlson Schell is CEO and managing principal of Shelter Corporation, a Minnesota-based developer, owner and operator of multi-family and senior living communities. Ms. Carlson Schell directs the firm's strategic planning, long-term growth, development of capital and overall profitability.


Ms. Carlson Schell's accomplishments include leading the company's development of affordable housing through innovative financing and partnerships and spearheading the company's diversification into senior communities. Ms. Carlson Schell has directly or indirectly supervised the development and acquisition of nearly 16,000 units encompassing more than $1 billion in real estate.


Prior to founding Shelter Corporation, Ms. Carlson Schell spent nine years as an associate and senior developer with Can-American Realty Corporation. She was responsible for residential, condominium and apartment developments in the Midwest and Florida, and for managing a regional office in Naples, Florida.


Lynn has been honored as an Industry Leader by the Minneapolis/St. Paul Business Journal. She currently serves on the Board of Directors of William Lyon Homes and the Board of Trusties of the Walker Art Center, and is a member of the Twin Cities Chapter of the World Presidents’ Organization. She holds a Bachelor of Arts degree in Economics from Mount Holyoke College.