Land Aquisition

7 months ago


Ocala, United States RogueSearch Full time

Bring your expertise in real estate development, paralegal, underwriting, new site acquisition, etc and join our client, a Fortune 500 Residential Development Company that is #1 in their industry


Highlights:

Dream Team: Join a “dream team” tenured leadership group (all 8+ years with company), who were all brought together to dominate an emerging New Home Construction sub-market.

Success Story: In less than 5 years, this division now controls of over 50% of the West Central FL New Home construction market

Shoot your Shot: Take on more responsibility sooner than most can in larger established divisions.

Local Focus: Work on deals in your backyard, not halfway across the country


What you’ll do:

Primary responsibility is to find, place under contract, receive governmental approval and close on new land that meets the division's needs – both raw land and finished lots – across Greater Marion/Alachua counties.


Responsibilities:

Coordinate, Secure and Organize Land Acquisition Leads:

Receive and provide initial response plan for all new leads from outside sources

Title and municipal research and initial “cold call” inquiry for potential land leads

Provide initial meeting with seller and/or seller’s representative

Provide all pertinent property description information, seller demands, terms, conditions and contact information to management

Prepare letters of intent

Create and foster relationships with landowners, land brokers, title companies, lenders, municipalities other homebuilders, and lot developers

Analyze the financial aspects of each development opportunity

Prepare complete financial analysis and pro-forma for properties under consideration for purchase

Preparation of Corporate Approval Package

Communicate regularly with city officials

Negotiate the acquisition of properties with sellers, landowners, attorneys or brokers


What you’ll need:

3+ years of real estate development experience associated with acquiring new sites for ground-up construction projects

3+ years of real estate acquisition underwriting experience (CMA, pro-forma, excel, etc) is highly preferred

Experience working with landowners, land brokers, title companies, lenders, municipalities, engineers, other homebuilders, and lot developers

Knowledge of market research tools and of GIS mapping applications and Google Earth is a plus

Working knowledge of zoning and land use practices, development standards, and utility solutions is a plus

Proficiency with Microsoft Office applications with advanced skills in Excel