Acquisitions and Development Director
Crusoe
Location
San Francisco, CA - US
Employment Type
Full time
Location Type
On-site
Department
Real Estate (DIG)
Crusoe's mission is to accelerate the abundance of energy and intelligence. We’re crafting the engine that powers a world where people can create ambitiously with AI — without sacrificing scale, speed, or sustainability.
Be a part of the AI revolution with sustainable technology at Crusoe. Here, you'll drive meaningful innovation, make a tangible impact, and join a team that’s setting the pace for responsible, transformative cloud infrastructure.
About the Role:
Crusoe is seeking a Acquisitions and Development Director to lead the execution of our large-scale AI data center projects, each exceeding $1B in scope. This role will be central to the our investment strategy, with involvement in all aspects of the deal life cycle, including deal sourcing, term sheet, PSA, and/or JV documentation and negotiation, entitlements and permitting oversight, lease negotiation, lender coordination, due diligence coordination, contractor management, and proforma and underwriting oversight.
You will serve as the primary acquisitions and development leader on critical projects, ensuring flawless delivery while protecting key tenant relationships, financial targets, and executional risk. This is a hands-on leadership role requiring transactions, legal, financial, and development management acumen.
What You'll Be Working On:
Originate new business opportunities for the platform, including sourcing, initial due diligence, term sheet/LOI structuring, and internal approvals
Lead the development and execution of Crusoe’s multi-billion dollar data center campuses, from initial planning through delivery
Manage project-level joint venture agreements, lease documents, loan agreements, and entitlement approvals
Serve as the primary point of contact with lenders, tenants, government agencies, and internal stakeholders
Direct construction managers, engineering teams, and third-party consultants
Build and maintain master project schedules, aligning design, permitting, and construction milestones
Identify and proactively resolve execution risks before they impact delivery
Help scale Crusoe’s real estate investment function by mentoring future hires and contributing to long-term org design
What You'll Bring to the Team:
Minimum 10 years of experience in real estate acquisitions and development roles, preferably in office, industrial, life sciences, or infrastructure
Strong working knowledge of term sheet/PSA negotiations, JV structuring, lease negotiations, construction contracts, and financing
Extensive transaction experience in acquisitions and dispositions and/or large scale development project oversight end-to-end
Ability to operate at both strategic and executional levels with limited oversight
Background in institutional real estate investment or development or commercial real estate transactions advisory
Experience working in entrepreneurial environments with a bias toward action
Based in or willing to relocate to the San Francisco Bay Area
Bonus Points:
Prior exposure to data centers or digital infrastructure
Experience with carried interest structures or performance-driven incentive programs
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Familiarity with utility coordination, permitting timelines, and municipal approval processes
Benefits:
Industry competitive pay
Restricted Stock Units in a fast growing, well-funded technology company
Health insurance package options that include HDHP and PPO, vision, and dental for you and your dependents
Employer contributions to HSA accounts
Paid Parental Leave
Paid life insurance, short-term and long-term disability
Teladoc
401(k) with a 100% match up to 4% of salary
Generous paid time off and holiday schedule
Cell phone reimbursement
Tuition reimbursement
Subscription to the Calm app
MetLife Legal
Company paid commuter benefit; $300/month
Compensation Range
Compensation will be paid in the range of up to $180,000-$270,000 + Bonus. Restricted Stock Units are included in all offers. Compensation to be determined by the applicants knowledge, education, and abilities, as well as internal equity and alignment with market data.
Crusoe is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, disability, genetic information, pregnancy, citizenship, marital status, sex/gender, sexual preference/ orientation, gender identity, age, veteran status, national origin, or any other status protected by law or regulation.