Vice President of Land

Overview

Manages land acquisition pipeline, asset management, reporting, and compliance.

Key Responsibilities

• land reporting
• pipeline evaluation
• deal sourcing
• contract negotiation
• financial reporting
• market analysis

Tasks

-Presents companywide land acquisition reporting weekly, monthly, and quarterly basis. -Acts as a liaison between Corporate headquarters and the Region/Division management related to pipeline evaluation; land opportunity communication/presentation; and adherence to policy/procedure adherence. -Provides instrumental support and recommendations in analyzing and reviewing all expansion transactions relating to organic growth and homebuilder acquisitions. -Communicates and ensures compliance with all established land acquisition policies and procedures. -Resolves issues that arise during the purchase agreement negotiation; feasibility; and closing with partners from Division offices, Legal Department, and outside parties. -Sets expectations from Corporate with the Region/Division management for capital allocations, financial hurdles, and land pipeline management. -Coordinates the Asset Management Committee package review and hearings weekly. -Ensures a robust land pipeline through management of Corporate Land Department resources dedicated to the following key aspects: deal sourcing, structuring, evaluating, and transacting on land investment opportunities. -Leads weekly strategy calls with Region/Division management relative to land pipeline and growth prospects. -Negotiates national contracts for market research and land resources. -Works with other Corporate partners to create areas of process improvement. -Analyzes markets and sub-markets and the respective Division's current land positions to identify gaps and strategic areas for concentrating future land acquisitions. -Sources multi-market or larger-scale opportunities throughout the Company platform. -Prepares ad-hoc financial reports by collecting, sourcing, analyzing, and communicating information. -Negotiates strategic programs with third parties, such as land/lot banking, joint ventures, and other arrangements allowing for more efficient capital deployment. -Maintains knowledge of market activities, trends, and opportunities and generates prospective land deals through networking with industry and local contacts, developers, brokers, other builders, land sellers, title companies, and others. -Leads asset management activities on certain portfolio-owned assets to generate more robust returns. -Continuous evaluation of local land department staffing levels and effectiveness. -Briefs executive management on land acquisition opportunities and outlook within respective regions.

Requirements

• excel
• mba
• jd
• contract negotiation
• market research
• land acquisition

What You Bring

-Prior experience with public homebuilding companies preferred. -Travel estimated to be 25% to conduct property visits or required attendance at Divisional offices. -Minimum of 15 years of experience in all land acquisition and analysis facets. -A Bachelor's in Land Use Planning, Economics, Civil Engineering, Business Administration, Real Estate, Public Administration, Land Development, and/or equivalent combination of education and experience. -Expertise with MS Office suite, with a specific focus on Excel. -Exceptional written and verbal communication skills, including researching and presenting strategic business scenarios and concepts. -Expertise in residential Real Estate economics, Construction and Development Budgeting, Accounting practices, and general macro trends. -Demonstrated ability to design and negotiate deal structures that facilitate projects' conformance with applicable underwriting hurdles. -Complete understanding of land acquisition, land contracts and structure, land planning, entitlements, and land development projects. -MBA and/or JD preferred. -Self-motived with impressive attention to detail and organizational abilities. -Ability to manage multiple priorities in a fast-paced environment in various time zones. -Expert ability to perform real estate market research and complex financial analysis, including developing and critically reviewing project financial pro forma and evaluating market opportunities. -Experience with contract negotiation and terms agreement. -Prior experience evaluating opportunities and managing teams across multiple markets. -Strong interpersonal and organizational skills, including interacting successfully with Divisional Offices, Legal Counsel, Corporate Management, and Land Sellers across the Company. -Market research experience preferred.

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About Century Communities, Inc. (Nyse:Ccs)

-Focuses on building single-family homes, townhomes, and condominiums. -Caters to a wide variety of buyers with entry-level and move-up homes. -Known for innovative designs and quality construction. -Offers mortgage services through its subsidiary. -Projects include suburban communities and urban developments focused on creating connected, livable spaces. -Adapts to market demands, adjusting home designs and pricing based on regional trends.

Sector Specialisms