Job Description

Director – Self-Storage (Acquisitions and Development)

Position Overview

The Director, Self-Storage (Acquisitions and Development) will be responsible for spearheading and executing Provident's self-storage initiatives within the Texas market. This role will serve as the primary representative of the company in the region, overseeing all aspects of development, acquisitions, asset management, leasing, and dispositions.

The ideal candidate will own and manage projects from inception through disposition, requiring deep expertise in financial modeling, deal structuring, construction and development, and capital markets to drive successful projects from inception to completion. The Director will play a pivotal role in expanding Provident's self-storage presence in the Texas region.

Key Responsibilities

Market Leadership & Strategy

• Lead and manage the Texas market, overseeing personnel and strategic growth initiatives for the market.
• Develop and implement the business and investment strategy for the Texas market.
• Identify, evaluate, and execute new development and acquisition opportunities.
• Build and maintain the Provident brand with brokers, consultants, and industry professionals.

Sourcing & Business Development

• Identify and pursue new development opportunities, ensuring alignment with Provident's strategic goals.
• Cultivate and maintain strong relationships with brokers, property owners, and industry stakeholders to generate deal flow.
• Conduct market research and feasibility studies to assess the viability of potential acquisitions and development sites.
• Drive deal negotiations, underwriting, and transaction execution to secure high-value self-storage real estate projects.

Development & Construction

• Manage the entitlement, permitting, and construction processes for all self-storage projects in the region.
• Collaborate with contractors, architects, engineers, and consultants to ensure projects are delivered on time and within budget.
• Continuously assess and mitigate risks throughout the development and construction lifecycle.

Asset Management

• Oversee and implement leasing strategies to maximize occupancy and rental revenue.
• Foster strong relationships with tenants and property management teams to ensure a seamless operational experience.
• Execute and oversee the asset management plan, optimizing financial performance and property value.

Disposition

• Develop and execute exit strategies, ensuring assets are positioned for successful sale.
• Engage with brokers and investors to attract interest and competitive bidding.
• Negotiate transaction terms to achieve underwritten financial returns.
• Oversee the closing process, ensuring smooth and efficient execution of transactions.

Qualifications & Experience

• 5-10+ years of experience in self-storage real estate (development and/or acquisitions preferred).
• Proven ability to source, underwrite, and execute self-storage development projects.
• Understanding of the development process, including zoning, entitlements, permitting, and construction.
• Experience and understanding working with complex capital structures, financial modeling, deal structuring, and negotiation.
• Established network of brokers, developers, and industry professionals in the Texas market.
• Strong negotiation and transaction management skills.
• Bachelor’s degree in Real Estate, Finance, Business, or a related field (MBA or Master’s in Real Estate is a plus).

Skills & Competencies

• Entrepreneurial mindset with the ability to build, lead, expand, and manage a regional market.
• Strong analytical and problem-solving skills, with a results-driven approach.
• Excellent written and verbal communication skills, with the ability to present effectively to investors, partners, and public stakeholders.
• Ability to work independently, managing multiple high-priority projects simultaneously.
• Relentless drive for mastering the craft, demonstrating a curiosity and commitment to deepening expertise in self-storage real estate development.

Why Join Provident?

Since its inception in 1991, Provident has developed over $5.5 Billion of real estate projects. We are disciplined and focused on executing deals that offer the best strategy for Provident and our investor partners. With over three decades of experience with opportunistic land development and vertical development in various key U.S. markets, our company thrives on an entrepreneurial spirit and an excellent track record of success.

Over the past 30+ years, Provident has executed a diversified real estate investment and development platform. Currently, the $2.9 billion portfolio includes product types such as multi-family, industrial, master-planned communities, hospitality, and data centers across the United States.

Under the leadership of Leon Backes and Jay Hawes, Provident is a respected, well-capitalized investment firm, that has thrived through three decades and multiple market cycles with foresight, depth of experience, and a unique ability to adapt to shifting demands, market trends, and challenging economic cycles. Provident is in constant pursuit of flexibility, innovation, and professionalism in its operations and investments. By maintaining a streamlined decision-making process, Provident is able to capitalize on fast-moving opportunities and rapidly adjust to dynamic market forces.

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