Director of Development

4 days ago

Washington, Washington, D.C., United States Arcland Property Company Full time

Location:
Washington, DC (Georgetown office)

Company Overview

Arcland Property Company is the largest privately held owner, manager and developer of self storage in the Mid-Atlantic Region and rapidly growing nationally under the "
Self Storage Plus"
 brand. We are seeking a leader to join Arcand's development team to grow new ground-up projects in key East Coast and Sunbelt markets.

Position Summary

The ideal candidate must be a highly motivated self-starter who is intellectually curious, enjoys working in a fast-paced environment, and adapts easily to change. The Director of Development will be involved in all stages of the investment and development process.

Essential Duties and Responsibilities

·       Lead site identification and acquisition from permitting through entitlements

·       Lead the underwriting of Class-A self storage developments

·       Lead the due diligence of new sites including zoning and constructability analysis

·       Negotiate all Letters of Intent and Purchase Contracts

·       Lead and coach junior team members on the development process

·       Support the capital markets team to raise debt and equity for new projects

·       Prepare and present investment committee materials and presentation decks

·       Expand and maintain a database of potential development sites

·       Lead coordination with internal leadership and third-party consultants

·       Engage in outreach with storage owners, developers, and brokers

Qualifications and Skills

  • 5-7 years of experience in commercial real estate and ground-up real estate development
  • Strong sense of urgency to meet deadlines and execute business plans
  • Experience leading and coaching direct reports
  • Strong analytical background with an interest in real estate investment and development
  • Proficiency in Microsoft Office & Excel; familiarity with real estate financial modeling a plus
  • Highly organized, detail-oriented, and adaptable
  • Opportunistic, entrepreneurial spirit, "go-getter"
  • Strong written and verbal communication skills
  • Comfortable working both independently and as part of a small, collaborative team
  • Bachelor's degree in real estate, finance, business, economics, or related field preferred

Compensation and Benefits

Arcland offers a competitive salary based on experience and qualifications, and an excellent benefits package.

  • Employer-paid health, disability, and life insurance
  • 401(k) savings plan with employer match
  • Flexible spending accounts
  • Paid time off
  • Professional development and mentorship opportunities

If you're an ambitious and analytical individual looking to grow your career in commercial real estate, and you're excited to be part of a rapidly growing company and entrepreneurial environment, please reach out.

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