Our Team

Specht’s Executive Team possesses an extensive range of skills and decades of experience that ensures every project is handled with the utmost attention and care. We approach each project as though we are the “at risk” developer, regardless of our actual role.The Executive Team, along with our dedicated staff of professionals, is committed to providing the highest quality service to our clients and partners to maximize the value of their real estate assets.

TODD SHEAFFER

PRESIDENT OF SPECHT DEVELOPMENT, INC.
Email: tsheaffer@spechtprop.com
Joined Specht in 1996
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Todd Sheaffer is a native Oregonian who graduated from the University of Oregon with a Bachelor of Science, majoring in Finance and Marketing. Todd manages the day to day development, investment, and consulting activities of the Specht Companies. During his tenure at Specht, he has been responsible for developing or providing project and construction management on over 8.4 million square feet with a cost basis exceeding $887 million.

Beginning his career with the Federal Deposit Insurance Corporation, Todd spent three years as a Financial Institutions Examiner/Analyst. In this capacity he was responsible for analyzing the safety and soundness of banks, focusing primarily on commercial real estate portfolios.

Todd joined PacifiCare of Oregon as a Financial Analyst in 1994 where he was responsible for budgeting, forecasting, financial and managerial reporting, and cost accounting.

Seeking to focus on a career in commercial real estate, Todd joined Cushman & Wakefield of Oregon, Inc. in 1995, as a Financial Systems Analyst and was later promoted to Project Manager. He provided clients with customized financial and cash flow analysis, real estate portfolio analysis, disposition underwriting, due diligence studies, and computer generated presentations.

In 1996 Todd joined Specht Properties, Inc. as a Project Manager, and was promoted to Vice President of Real Estate in 1998. In 2001 Todd was promoted to Chief Operating Officer, and was then promoted to President of Specht Development, Inc. in 2006. Todd currently oversees all aspects of commercial real estate development, which includes identifying new real estate development and existing asset acquisition opportunities, supervising Project Managers, overseeing due diligence activities, arranging debt and equity financing, negotiating lease and purchase and sale agreements, and soliciting and managing consulting services for clients.

Todd has been a member of NAIOP since 1997. Todd previously served as a national director of the board for NAIOP in 2008, and served as a director of the Board for the Portland Chapter of NAIOP from 1997 through 2008 (chapter president in 2005). He has also been a NAIOP National Forum member since 2000 (2006 Chair). Todd has served on various boards and committees of local nonprofit organizations and continues to do so.

Todd and his wife April have four children and live in Southwest Portland.