U.S. Energy Development Corp.
U.S. Property Development served in an advisory role for the development of its headquarters in Fort Worth, The Armour building, a 50,000-square-foot, three-story property in the Fort Worth Stockyards.
A new player has entered the real estate investment space.
The leadership behind Fort Worth-based U.S. Energy Development Corporation has announced the launch of U.S. Property Development LLC, a private real estate investment firm with a focus on industrial, self-storage, and commercial properties across the United States.
While independent from USEDC’s oil and gas operations, the new venture is designed to leverage shared operational efficiencies and the leadership team’s deep track record in building long-term value for investors, according to. press release.
"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, CEO of U.S. Property Development, in a statement. "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 ownership group has been involved in more than $50 million in projects over the past 18 months, including:
- A $12 million investment in a 92,037-square-foot, five-building automotive auction facility on 39 acres in Springfield, Missouri
- A 23,422-square-foot, 154-unit self-storage facility in Lewiston, New York
- A 76,850-square-foot, 542-unit self-storage development in Hamburg, New York
The company also served in an advisory role for the development of its headquarters in Fort Worth, The Armour building, a 50,000-square-foot, three-story property in the Fort Worth Stockyards.
According to the announcement, U.S. Property Development will extend the USEDC team’s investor-first philosophy into the real estate space, focusing on hard assets with strong income potential and tax advantages. The platform leverages shared infrastructure to reduce costs, enhance service quality, and ensure long-term alignment with partners and stakeholders.
Leadership at U.S. Property Development includes several key executives from USEDC:
- Iak, CEO
- Brandon Standifird, CFO
- Todd Van Pelt, vice president of product development
- Jordan Jayson, chairman of the Advisory Board
Additional real estate leaders include:
- Eric Sweet, executive vice president
- William (Bill) Hibbard, real estate managing director
- Matt Jaworski, senior project developer
"Owners of both USEDC and U.S. Property Development are second-generation leaders in the investment space inspired by the first generation's entrepreneurial spirit," Iak said.