U.S. Energy Development Corp. Execs Launch Private Real Estate Investment Company
The investment leaders behind U.S. Energy Development Corporation, or USEDC, announced the launch of U.S. Property Development LLC, a private real estate investment company based in Fort Worth, Texas, and primarily focused on investing in industrial, self-storage, and commercial real estate in the United States.
While independent from USEDC’s oil and gas operations, the new firm said it builds on the leadership team’s extensive experience in asset-based investments and leverages operation efficiencies from a shared back-office platform carrying forward USEDC’s commitment to operational excellence.
The new firm has already launched a Reg. D 506(c) Delaware statutory trust offering that seeks to raise more than $13 million in equity from accredited investors.
“Our team at U.S. Property Development brings a wealth of expertise in identifying and developing real estate with strong revenue potential,” said Matthew Iak, chief executive officer of U.S. Property Development. “We invest our own capital first, inviting partners to join us and invest alongside us. This aligned approach maximizes returns and reinforces our commitment to delivering outstanding results.”
The owners of U.S. Property Development have been involved in more than $50 million in projects over the past 18 months. U.S. Property Development’s portfolio includes a $12 million investment in a five-building automotive auction facility spanning 92,037 square feet on a 39-acre site in Springfield, Mo. The company has also invested in two self-storage developments: a 23,422 square-foot, 154-unit facility in Lewiston, N.Y., and 76,850 square-foot facility under development in Hamburg, N.Y., which will offer 542 units upon completion.
In addition to invested capital, the firm’s advisory role in the development of its own headquarters stands out as a key achievement. Located In the Fort Worth Stockyards Historic District, The Armour building is a historic, 50,000-square-foot, three-story property that will house U.S. Property Development, USEDC, and other tenants, which is scheduled to open this year.
“For decades, USEDC and its leadership team have operated with an investor-first philosophy, building a solid foundation through strategic energy investments,” said Iak. “Now, with launch of U.S. Property Development, members of the leadership team at USEDC and the family office are extending their proven platform to support their longstanding commitment to hard assets, particularly in real estate, creating a seamless expansion that allows partners to participate directly in carefully selected property investments.”
According to USEDC, U.S. Property Development will be supported by a back-office infrastructure, streamlined processes, and a vision aligned with leveraging an established business model to deliver consistent value to all stakeholders. This integrated foundation reduces costs, enhances service quality, and supports strong partnerships.
The senior leadership team at U.S. Property includes key executives from USEDC. Joining Iak are Brandon Standifird, chief financial officer; Todd Van Pelt, CFA, CFP, vice president of product development; and Jordan Jayson, chairman of the advisory board. This team has expertise, according to the company, in identifying, analyzing and investing in properties with unique tax advantages and income potential.
The company’s real estate expertise includes Eric Sweet, CMA, executive vice president; William (Bill) Hibbard, real estate managing director; and Matt Jaworski, senior project developer.
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