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Jay D. Stein

President, Scottsdale at Sandor Development

Jay Stein is a seasoned professional with extensive experience in real estate and finance. Since November 2013, Jay has served as a Partner at the Colorado Rockies. Additionally, Jay has been the President of Sand Capital since June 2007, focusing on the acquisition of sub and non-performing debt secured by commercial real estate. Jay also holds the position of President at Sandor Development in Scottsdale, a role that has been maintained since August 1989. Previous experience includes serving as the Director of Development at Sandor Development Company from April 1992 to April 2000. Academically, Jay earned a JD from the University of Arizona in 1988 and a degree in Business with a specialization in Real Estate & Finance from the same institution in 1986.

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Paradise Valley, United States

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Sandor Development

Sandor is one of the largest privately held shopping center developers in the nation, owning and operating over 8 million square feet of commercial retail across 25 states. Building on 60 years of success and with a focus on center revitalization, Sandor has the stability to take a long-term view of property and market success. Although the portfolio was built primarily through ground-up development, in 2008-2009 the focus shifted to acquisition. Since then, Sandor has acquired more than $700 million of undeveloped land, existing centers, and single-tenant assets in the last seven years. While many competitors have struggled, Sandor’s financial strength created opportunity, growing the company from 6 to over 8 million square feet in the past ten years.