Vice President of Land Acquisition
5 days ago
The Specialized Recruiting Group is hiring a Vice President of Land Acquisition for a reputable homebuilder in Charlotte. Please see the job description below and apply if interested:
Position Responsibilities:
1) Team Leadership and Development:
- Recruit, hire, train, and retain a high-performing, engaged team.
- Foster a positive, collaborative, and achievement-oriented culture aligned with company values.
- Promote continuous team growth and support departmental goals, ensuring efficient problem-solving and optimal results.
2) Collaboration and Relationship Building:
- Build strong relationships with internal departments like Development, Sales, Marketing, Construction, Studio, and Finance to ensure smooth operations and alignment of goals.
- Partner with division leadership to define and implement land policies, goals, and strategies.
- Actively support other company initiatives as required.
3) Land Acquisition and Strategy:
- Identify and secure current and future land acquisition opportunities through various methods, including digital software and networking.
- Grow the land acquisition pipeline to meet division goals, ensuring strategic alignment with the business plan.
- Develop and manage the land acquisition budget in partnership with division leadership.
4) Negotiation and Deal Management:
- Oversee preparation of proformas, financial analysis, risk mitigation, negotiations, and agreements for land purchases.
- Prepare and negotiate letters of intent, agreements, and legal documents in compliance with company procedures.
- Lead the land acquisition contract process and ensure contract compliance, managing teams of consultants as needed.
5) Process Improvement and Best Practices:
- Commit to continuous improvement by recommending and implementing process enhancements to ensure department efficiency.
- Collaborate with internal teams to gather data for land acquisition packages and oversee the preparation of underwriting materials.
Position Qualifications:
1) Education and Experience:
- Bachelor’s degree in business or a related field.
- Minimum of 7 years of experience in land acquisition, divestiture, and development within a homebuilding or real estate environment.
2) Skills and Competencies:
- Strong verbal and written communication skills, with the ability to communicate clearly in multi-disciplinary settings.
- Ability to develop and deliver presentations that resonate with stakeholders.
- Proficiency in preparing financial statements, acquisition packages, and work plans.
- Knowledge of market data analysis, real estate transactions, and the ability to assess market viability and risk.
- Expertise in negotiating complex legal documents and managing real estate transactions for homebuilding.
3) Leadership and Negotiation:
- Ability to lead cross-functional teams, manage consultants, and facilitate negotiations toward mutually beneficial agreements.
- Demonstrated ability to work with various external parties such as brokers, developers, investors, legal professionals, and government agencies
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