M
atthew Iak, CEO of U.S. Property Development LLC, announced the launch of the private real estate investment company focused on industrial, self-storage, and commercial properties in the US. Although independent from its parent company, U.S. Energy Development Corporation (USEDC), the new firm leverages operational efficiencies from a shared back-office platform.

    "Our team at U.S. Property Development brings extensive expertise in identifying and developing high-revenue potential real estate," said Iak. "We invest our own capital first, inviting partners to join us, which maximizes returns and ensures outstanding results."

    The company has invested over $50 million in projects within the past 18 months. Its portfolio includes a $12 million investment in an automotive auction facility in Springfield, Mo., as well as two self-storage developments in Lewiston and Hamburg, N.Y.

    U.S. Property Development's advisory role in its own headquarters development stands out as a key achievement. The historic Armour building in Fort Worth will house the company, USEDC, and other tenants upon completion in early 2025.

    The leadership team at U.S. Property Development is comprised of experienced executives from USEDC, including Brandon Standifird, Todd Van Pelt, Jordan Jayson, Eric Sweet, William Hibbard, and Matt Jaworski. This team has extensive expertise in identifying and investing in properties with unique tax advantages and income potential.

    The company's unified back-office infrastructure, streamlined processes, and cohesive cultural vision centered on excellence and investor alignment will support strong partnerships through transparency, efficiency, and alignments, enabling collaborative, long-term success.