What are the responsibilities and job description for the Director of Real Estate Development (Self Storage) position at Arcland Property Company?
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
- 5-10 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.