
Jon Mandell
Position:
PresidentJon Mandell, the President of Square One Development, brings over two decades of experience to leading the corporation through its various phases of growth and expansion. As President, he oversees the strategic vision, portfolio management, and operational execution of the company, ensuring that Square One maintains its position as a leader in the real estate management and development industry.
Jon’s leadership is marked by his experience in financial planning, architecture and design, partner relations, and acquisitions. With an understanding of the asset management life cycle, from acquisition through holding to disposition, he oversees the financial health of the portfolio. This includes sourcing lucrative investments, optimizing architectural and design, and minimizing operational and maintenance costs. Jon’s approach to finance involves crafting tailored strategies for each asset, managing quarterly financial performance reviews, and proactively addressing debt and rate cap maturities, thereby aligning Square One with market conditions to maximize returns and mitigate risks.
He is also at the forefront of managing partnerships ranging from local subcontractors to major stakeholders, which not only enhances Square One’s capacity for innovation and efficiency but also reinforces its commitment to community and sustainability practices. Additionally, Jon maintains the highest standards in relationships with lenders, a strategy that ensures property stability while maximizing profitability and cash flow. Coupled with his negotiation skills and ability to foster trust-based relationships with partners, Jon ensures that Square One delivers the best risk-adjusted outcomes and protects stakeholder interests. By overseeing acquisitions and efficiently handling entity structuring and distributions, Jon’s comprehensive management supports Square One’s market position and reputation as a forward-thinking leader committed to innovation, sustainability, and community impact.
Jon’s role at Square One also encompasses guiding projects from their initial concept through to the final construction phase. His hands-on approach to project development has significantly contributed to the progressive expansion of Square One’s portfolio.
Beyond these core responsibilities, Jon specializes in the development and execution of cutting-edge projects that not only reduce the company’s carbon footprint but also significantly expand its market share in the hospitality industry with new developments. His leadership in the initiative to incorporate solar energy throughout the portfolio, covering nearly 1,300,000 square feet, underscores his foresight and dedication to enhancing the value of Square One’s properties and positioning the company as a leader in environmental stewardship within the real estate sector.
Through his strategic vision in acquisitions, management, and development, coupled with his extensive experience in partnerships and investor relations, Jon has been instrumental to Square One’s progress throughout the COVID-19 pandemic. His proactive approach to developing new projects, particularly in the hospitality industry, demonstrates his commitment to setting new benchmarks in the real estate industry, driven by innovation, sustainability, and excellence.