$80K — $100K *
The Director of Land Acquisition is responsible for finding, acquiring and prioritizing land acquisitions for the Division. They will manage land purchases through the entitlement process, provide information for and participate in the coordination of land acquisition packages (proformas) for corporate approval and work directly with senior leadership to seek land in areas and price ranges consistent with the Divisions goals and market survey data. Land deals that optimize the return on investment and minimizing risk to the company will be the focus of this position.
ESSENTIAL DUTIES AND RESPONSIBILITES:
Land Search & Acquisition
•Aggressively search for land deals to acquire by building relationships with local land owners and brokers.
•Utilize GIS Software (LandVision) and other tools to efficiently search for vacant parcels
•Grow land pipeline necessary to meet the division business plan goals
•Oversee proforma financial analysis, negotiations, and purchase agreements
•Drive Land process to meet VC and operating margin goals
•Under the direction of senior leaders, negotiate contracts with sellers
•Schedule meetings and work directly with banks/equity groups on their REO Land
•Build strong internal relationships with Sales, Purchasing, Construction, Customer Service, Marketing, Daily Units Processing and Mortgage to support the land acquisition process.
•Direct the information gathering, data collection and Land Package assembly for Land Committee Review.
•Participate in Corporate Land Committee discussions when needed
•Coordinate with Land Development team of the compilation of data related to specific jurisdiction development codes, land entitlements, HOA obligations, ESA & soil analysis, zoning, utility capacity commitments, and platting process
•Compile and analyze submarket new home and resale data.
•Complete due diligence and feasibility
•Collect and analyze data to prepare weekly reports to upper management with a snapshot of all acquisitions in the pipeline.
•Develop feasibility packages with the assistance of the land team
Closings - Title
•Review escrow instructions and closing documents, title reports, and coordinate title objection letters to sellers.
•Bachelor’s Degree in Business (Finance/Economics), Engineering, Real Estate, Planning, Government Relations or related field is required
•Masters Degree preferred.
•Minimum 7 years proven land experience in acquisition, contract negotiation and relationship building
•Prior management experience preferred
•Home building or related construction/real estate industry preferred
Valid through: 6/25/2021
$100K — $150K *
4 days ago