Stewart Handley, MBA, MRED

Real Estate Development Extra Space Storage

Lehi, Utah, United States

About

MBA and MRED graduate from the University of Utah. Previously, I attended Brigham Young University and earned a B.S. in Geography: Urban and Regional Planning. I work as a real estate development professional, specializing in feasibility and entitlements. I have self-storage experience in real estate development, asset management, and business operations. I have additional experience in residential land acquisition, residential real estate and property management, and urban planning.

Experience

  • Extra Space Storage (Cottonwood Heights, Utah, United States)
    • Development Manager, Asset Strategy
      Sep 2023 - Present · 2 yrs 10 mos

      • Manage predevelopment and procure self-storage development entitlement, working with internal design team, construction managers, external market led architects, engineers, land use attorney’s and lobbying experts. • Assists with real estate transactions, underwriting and in presenting investment opportunities to the Extra Space Real Estate Committee. • Determines ideal entitlement pathways and max ROI design concepts. • Partner with Construction Managers helping to kick off construction and perform oversight through certificate of occupancy of projects. • Utilize cost estimating tools and work to develop 3rd party relationships with cost estimating firms.

    • Business Analyst, Joint Ventures
      Oct 2022 - Sep 2023 · 1 yr

      •Created and analyzed monthly, quarterly, yearly reporting on property and joint venture performance. •Researched and provided correspondence to partner inquiries regarding property level performance, asset condition and any ad-hoc requests. •Lead or participated with special finance self-storage projects •Managed Off Budget Requests correspondence between partner and internal groups. Worked with external vendors with capital projects. •Assisted with budgeting process of self-storage properties - creation, revision, and presentation •Prepared value-add analysis for sites •Supported Director and/or Asset Management team with travel and partner coordination

  • Land Acquisition Analyst at David Weekley Homes
    Jan 2021 - Oct 2022 · 1 yr 10 mos

    •Ran the financial model and performed market research to assess the feasibility of potential land purchases •Managed and maintained prospective land tracking logs, land search maps, competitive transactions, property owner databases, and outreach initiatives •Prepared community packet information for new land transactions for approval by corporate Land Committee •Led Land Acquisition team in formulating the short-term and long-term Strategic Land Plan Objectives

  • Real Estate Development Fellow at Housing Connect
    Oct 2019 - Jan 2021 · 1 yr 4 mos

    • Review portfolio analysis, physical needs assessment, financial performance metrics, and restrictions • Develop long-term goals for properties which include disposition, refinancing, rehabilitation, or redevelopment • Assist with financial modeling and project pro formas to determine financial feasibility of new construction or rehab projects • Prepare presentations for management, board, and community stakeholders.

  • Realtor & Property Manager at Vision Real Estate (Utah)
    Jul 2018 - Dec 2019 · 1 yr 6 mos

    • Manage 160 investment properties for clients and work to obtain clients for real estate transactions • Compile market research, market properties, perform inspections, create owner reports, handle tenant and owner communications, and oversee tenant payments and balances

  • Planning Intern at Town of Mammoth Lakes
    May 2018 - Jul 2018 · 3 mos

    • Handled all film, sign, tree, and outdoor display permits for the planning department • Assisted in the reviewing of applications and interviewing of potential consultants • Edited town code and created planning reports • Participated as a member of the Development Review Committee