LocationDallas - 4835 LBJ Freeway, Suite 690
Job DescriptionOverview:The Director, Land Acquisition leads sourcing, underwriting, negotiation, and execution of land acquisition opportunities across the Dallas-Fort Worth market. Partners with executive leadership to drive strategy while overseeing due diligence, financial analysis, and deal execution.
Key Responsibilities:- Oversees and manages financial analysis of development and investment opportunities, including the creation of detailed pro-forma and financial models.
- Oversees detailed proforma assumptions to support modeling accuracy and quarterly business plan updates
- Review and/or prepare competitive market analysis with pricing graphs and resale analysis.
Responsible for Screening Memo and IC presentations to executive leadership - Coordinate with Investments Team
- Oversees critical Issues list compilation based on a thorough review of all diligence documents
- Lead the comprehensive feasibility analysis with documented findings.
- Oversees the preparation of operational goals for the Department. Directs activities that have significant impact to the achievement of results inclusive of Business Plan and Strategic Plan Updates.
- Focus is on execution of annual strategic and operational plans
- Leads cross departmental project teams
- Lead negotiations with brokers, land sellers and buyers with the oversite of the VP of Land.
- Prepare LOIs. Review and provide feedback on and coordinate purchase and sale agreements and related agreements.
- Oversee weekly agenda for acquisition meetings and updating of land tracker.
- Research and manage/filter opportunities provided from your own research, referrals from our team, brokers, and other contacts.
- Oversees creation of a database and track all land transactions
- Develop relationships with strategic third parties such as land owners, City Council members, brokers, other builders/developers.
- Oversee underwriting assumptions and cash flow analysis for prospective opportunities
- Coordinate due diligence efforts; compile critical issues list, fee updates, comprehensive feasibility analysis, complete the feasibility tracker and coordinate meetings with other departments and task completion
- Manages the due diligence on acquisitions under contract, and develop documentation and recommendations on key findings that may affect the return and financial performance of the proposed deal.
- Lead project post feasibility approval and during escrow period to ensure closing obligations/conditions and timelines are achieved. This may include coordinating entitlements or other advancement of project readiness or permitting with in-house team members and outside consultants.
- Oversees land closings with Escrow/Title for acquisitions and dispositions
What You'll Bring:- 10-12 years of experience in Land Acquisition, Project Management and/or Forward Planning.
- Bachelor's degree in business, engineering, urban planning or others
- Excellent communication and analytical skills both verbal and written.
- Financial modeling and analysis experience
- Strong organizational skills in thought and process
- Highest level of accuracy and precision; highly organized
- Extremely proficient in Microsoft Word, Excel, Power Point & Project
- Willingness to work through short and unexpected deadlines
- Ability to prioritize and manage multiple projects under tight deadlines
- Excellent ability to handle sensitive information
- Previous experience working with senior leadership, executive management and other management levels
- Strategic thought process with the ability to connect abstract concepts to identify business opportunities
- Possess a strong attention to detail; accomplish tasks by considering all areas involved and bear the larger picture in mind
- Flexible and adaptable to rapid change
What We Offer:- Competitive compensation and total rewards package
- Excellent extended medical, dental and vision benefits beginning day 1
- 401(k) matching, vesting begins day 1
- Career development programs
- Charitable donation matching
- Paid Volunteer Hours
- Paid parental leave
- Family planning assistance including IVF, surrogacy and adoptions options
- Wellness and mental health resources
- Pet insurance offering
- A culture based on our values of Passion, Integrity and Community
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