Meet the Team2019-11-11T09:47:20-06:00

Meet the Team

US Capital Development is an innovative commercial and industrial real estate development, financing, and construction firm. Our decades of experience, coupled with strategic partnerships and access to capital, allow us to develop world-class real estate solutions for our clients.

Our approach to development emphasizes collaboration and shared value creation. Our funding comes primarily from our principals’ capital and that of aligned partners, allowing us to focus on custom solutions for build-to-suit tenants, self-owned industrial parks like Fenton Logistics Park in Missouri, and speculative development in markets throughout the US where we add value to the community.

USCD is proud to be a first-class corporate industrial and office development firm, with several million square feet of projects currently active across the United States. If you’re looking for a real estate development partner with a deep understanding of logistics, market growth, and real estate needs both macro and micro, get in touch with us today to learn more about what we can do for you.

  • Scott Sachtleben
    Scott Sachtleben
    Managing Principal
  • David Truetzel
    David Truetzel
    Chief Financial Officer
  • Scott Haley
    Scott Haley
    Managing Director of Development
  • James White
    James White
    Managing Director, National Development
  • Dan O’Connor
    Dan O’Connor
    Managing Director of Construction
  • Jerry Grunzinger
    Jerry Grunzinger
    Director of Construction
  • Max Breitmayer
    Max Breitmayer
    Development Associate
  • Michael Fitzgibbons
    Michael Fitzgibbons
    Senior Project Manager
  • Kari Cleveland
    Kari Cleveland
    Senior Accountant
  • Andrew Romero Smith
    Andrew Romero Smith
    Financial Analyst
  • Misti McKinley
    Misti McKinley
    Office Manager
  • Alex Hazel
    Alex Hazel
    Director of Capital Markets and Operations
  • Nelson Grumney
    Nelson Grumney
    Development Associate
  • Paige Guempel
    Paige Guempel
    Director of Taxation and Reporting
Scott Sachtleben
Managing Principal

As Managing Principal for US Capital Development, Scott Sachtleben identifies and implements the company’s strategic vision, initiatives, and real estate opportunities, as well as overseeing all of USCD’s operations and partner relations. Under his leadership, USCD is dedicated to creating successful, long-term relationships with its real estate clients and capital partners through consistent, high-quality projects delivered on time and on budget.

Prior to his role with USCD, Scott served as Senior Vice President of Development for The Desco Group in St. Louis. Previously, Scott was a senior partner with the Greensfelder law firm in St. Louis, specializing in a broad practice of real estate development and finance.

Scott earned his Bachelor of Arts in Economics with Highest Honors from Southern Illinois University in Carbondale, as well as a Juris Doctorate from Vanderbilt University in Nashville, Tennessee.

ssachtleben@uscd.com

David Truetzel
Chief Financial Officer

David W. Truetzel is the Chief Financial Officer for US Capital Development. He is a seasoned operations and financial executive with over thirty years of experience in the real estate, financial services and the healthcare/senior living industries.
David Truetzel sits on the Board of Directors of Enterprise Bank, Inc., Verifi Inc., Amedica, Inc., and Paranet, LLC. Mr. Truetzel holds a B.S. in Accounting from Saint Louis University, an MBA from The Wharton School, and is a Certified Public Accountant.

dtruetzel@uscd.com

Scott Haley
Managing Director of Development

Scott Haley, Managing Director for US Capital Development, has nearly 20 years experience in the real estate industry. He has directed and managed several million square feet of commercial projects and other real estate assets, and developed strong government relationships while working in the municipal planning and economic development arena.

Scott holds a Bachelor of Science in Geography and a Master’s Degree in Regional Planning, both from Kansas State University.

shaley@uscd.com

James White
Managing Director, National Development

James (Jim) White has extensive development experience, having spent decades in leadership roles at various real estate development firms. As the Managing Director of National Development for US Capital Development, Jim leads USCD’s industrial speculative development platform and assists in procuring capital sources for these projects.

Prior to joining USCD, Jim was a Partner with Ridgeline Property Group, responsible for national build‐to‐suit and speculative development projects in strategic markets throughout the United States. Jim also previously held roles as the Chief Operating Office for the Industrial Division of Johnson Development Company, Inc (JDA) where he was procuring and managing a collective 7.1 million square feet of development for occupants like Amazon, Mars, Vitamin Shoppe, Walmart and Lumber Liquidators. Prior to that, Jim spent 11 years acting as First Vice President and Global Services Officer at Prologis, managing dozens of global accounts and directing the development of 21.9 million square feet of build-to-suit and speculative development project, as well as acquisitions of industrials facilities.

Jim holds a BBA from Western Michigan University with majors in Accounting & Business Law, as well as an MBA from the University of Michigan. Jim was also a Certified Public Accountant with the firm of Deloitte, Haskins, & Sells in Detroit, Michigan from 1979-1982.

jwhite@uscd.com

Dan O’Connor
Managing Director of Construction

Dan O’Connor is responsible for providing overall leadership to the project team in developing and implementing capital construction projects. He brings over 25 years of Owner Representative experience to the USCD team, having worked on over 500 projects with a cumulative value of more than $3 billion.

With a background in office, medical, retail and industrial space development, Dan’s industry experience in asset acquisition, contract negotiation, and management brings an added level of expertise to USCD. His work with zoning and easement issues, as well as budget development and tenant finishes, enhances his current project roster.

doconnor@uscd.com

Jerry Grunzinger
Director of Construction

Jerry Grunzinger, US Capital Development Director of Construction, has nearly 30 years of experience in the development, design, and construction industry.

In his experiences, Mr. Grunzinger has participated in the architecture, design, development, and construction of project types including: industrial/warehouse, office, hospitality, casino, government/military, medical and retail.

Mr. Grunzinger is a practicing registered architect. He is a graduate of the University of Kansas, holding a B.A. in Architecture.

jgrunzinger@uscd.com

Max Breitmayer
Development Associate

Max joined USCD in 2017. Max is responsible for development, site acquisition, property management, and administration. In his time with USCD, Max has been involved in underwriting and leasing of over $250 million dollars of industrial, office, and senior living assets.

Mr. Breitmayer helps direct USCD’s marketing efforts and lead generation. He has held positions in commercial and residential security services, IT, and construction fields.

Mr. Breitmayer graduated from Clemson University, with a B.A. in Marketing.

mbreitmayer@uscd.com

Michael Fitzgibbons
Senior Project Manager

Michael helps ensure project development efficiency from conception to completion. He is responsible for developing and directing the strategic planning and coordination of multiple projects simultaneously as well as overseeing the coordination of contractors, consultants, clients, and resources required to successfully complete projects. His experience as an owner’s representative ranges in market sectors of industrial, office, build-to-suits, senior living, healthcare and retail. Michael holds a B.A. in Architecture.

mfitzgibbons@uscd.com

Kari Cleveland
Senior Accountant

kcleveland@uscd.com

Andrew Romero Smith
Financial Analyst

Andrew joined the USCD team in 2018. Prior to joining USCD, Andrew gained experience in commercial real estate acquisitions and development at BH Equities, a national multifamily management and investment firm. He is responsible for financial analysis, underwriting, research, and assembling marketing materials, and assists in coordinating financing. Over the course of his career, Andrew has underwritten and analyzed several billion dollars of investment volume across commercial real estate acquisitions and developments in various asset classes, with a focus on industrial, office, multifamily, and senior living.

Andrew graduated from Olin Business School at Washington University in St. Louis with Majors in Finance and Entrepreneurship and a Minor in Russian.

In June 2019, Andrew passed the Level I CFA Exam

asmith@uscd.com

Misti McKinley
Office Manager

mmckinley@uscd.com

Alex Hazel
Director of Capital Markets and Operations

Alex Hazel, US Capital Development Director of Capital Markets and Operations, has over ten years of experience in commercial real estate financing. Alex is responsible for coordinating capital markets and debt financing, as well as performing credit underwriting, financial modeling, and preparation of investment offering memorandums at USCD.

Prior to joining USCD, Alex was a Vice President at Associated Bank where he financed over $250 million of commercial real estate construction loans and managed a CRE portfolio of over $350 million. Alex also previously worked at KeyBank Real Estate Capital within its Capital Markets group where he was involved in financing nearly $1.0 billion in CMBS and Life Company debt.

Alex earned his B.S. in Business Administration/Economics, Magna Cum Laude, from the University of Missouri, and studied at the London School of Economics and Political Science.

Nelson Grumney
Development Associate

Nelson is responsible for identifying, analyzing, and originating industrial speculative development opportunities. Additionally, Nelson is engaged in market analysis, underwriting, due diligence, site acquisition, capital structuring, project administration, leasing, and asset dispositions.

Prior to joining USCD, Nelson was a Vice President with Panattoni, responsible for industrial development projects across the Midwest. Nelson previously worked for CapitalSource, a REIT specializing in commercial development properties, vacation ownership companies and hotel construction. Nelson has over ten years of experience in commercial real estate financing, underwriting and analyzing over $1 billion dollars of equity and debt investments across various real estate asset classes.

Nelson earned a Bachelor of Science with honors from Southern Methodist University, as well as an MBA from Washington University – Olin Business School.

ngrumney@uscd.com

Paige Guempel
Director of Taxation and Reporting

pguempel@uscd.com