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Director of Development

Director of Development

Arcland Property CompanyWashington, DC, United States
2 days ago
Job type
  • Full-time
Job description

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 operational, 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 during due diligence and closings
  • Engage in outreach with storage owners, developers, and brokers within the commercial real estate industry

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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