VP Land Acquisition and Development

Description

• Ensure that all lots built provide the most efficient and cost-effective building pads for homebuilding.
• Negotiate price and terms of property acquisitions to ensure the division has a competitive edge in our respective target sub-markets. Land needs to be acquired on terms that meet or exceed our financial requirements.
• Coordinate with local government inspectors regarding development construction issues.
• Identify land that aligns with the strategic plan and be able to coordinate the acquisition, zoning, and development processes.
• Actively look for niche land positions requiring direct contracting from owners, to include assemblage opportunities and joint venture scenarios.
• Manage construction budgets to align with business plan contribution targets.
• Manage the construction of amenity areas, entrance concepts, and land development plans.
• Partner with zoning attorneys, our real estate attorney, developers (both in-house and outside) and local regulatory agencies to ensure that the division’s risks are eliminated or mitigated.
• Manage the zoning and permitting processes. Ensure that we get the best possible density and conditions from the process - ensure our contracts are linked to these results.
• Participate in the creation of the division strategic land acquisition and development planning process. Help guide the process to competitive acquisition targets that although rare, are possible to find.
• Develop good contracts with the local developer community to provide the division with option deals in good subdivisions at competitive prices.
• Identify opportunities for the division to buy and “flip” land at a profit for the division. Manage any lot or land sale functions within the division.
• Supply/demand analysis and demographic mapping
• Manage the land acquisition and development departments; ensure that they are competently staffed and functional. Identify land opportunities, which do not satisfy the division’s objectives, but have potential profit opportunities through the resale process.
• Partner with civil engineers and other design professionals to ensure that the approved construction plans provide the highest quality community at the most economical cost of construction.
• Ensure that we budget for and control our land acquisition budget to include due diligence and research.
• Manage land development contractors work to ensure that lots are completed on or ahead of schedule.

Requirements

• Use of hands and fingers is required to utilize standard office equipment
• Use of feet and legs required to walk, climb and maneuver within construction sites
• Basic financial analysis and proforma creation.
• Contract language and the ability to identify critical deal points
• Experience with MS Office Products (e.g., Word, Excel, PowerPoint, Outlook) and ability to learn other computer programs.
• At least five years of experience in land acquisition, divestiture and land development construction management.
• Must be able to read, write, and speak fluently in English. Spanish language skills are helpful
• Employees in the position are required to be able to hear and have sufficient vision to utilize all office equipment
• Realtor or Broker’s license preferred.
• Master’s degree in business, finance, real estate, or related field preferred.
• Bachelor’s degree in business, real estate, construction management, finance, or related field required.

Benefits

• Deal structures: option contracts, mezzanine financing, joint ventures, assemblages, and land banking
• Local residential housing markets

Training + Development

Interview process

Visa Sponsorship

Security clearance