Sandor Development
Lloyd Otani is an experienced professional in commercial real estate development and private equity, currently serving as the Director of Special Projects at both Sandor Development Company and Sand Capital since February 2008. Prior to this, Lloyd held the position of Vice President at The Bank of New York from December 1990 to June 2005, specializing in financial services and banking. Lloyd attained a degree in Finance from the University of Arizona.
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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.