VP of Land Acquisition

1 month ago

Riverside, United States Van Daele Homes Full time
Job DescriptionJob Description

CLASSIFICATION: Salaried

POSITION TYPE: Full-time

EXPECTED HOURS OF WORK:  Monday - Friday/8:00 am to 5:00 pm

REPORTS TO: CEO

SUMMARY/OBJECTIVE: The VP of Land Acquisition will identify, analyze, track, and negotiate land acquisition opportunities targeted throughout Northern and Southern California.

GENERAL ESSENTIAL FUNCTIONS:

  • Establishes and maintains broker/seller relationships
  • Develop an appropriate land purchase plan in order to achieve financial objectives
  • Locates and keeps inventory on land suitable for acquisition and development
  • Performs financial and risk analysis to evaluate and select properties to pursue by conducting the necessary market research and due diligence
  • Determines land values in specific markets by checking property sales by means of public records, developers, and other professional affiliates
  • Negotiate land purchase contracts and LOI’s
  • Keeps a fluid tracker for land comp sales in Van Daele’s active markets
  • Tracks/reviews critical contract dates, due diligence deadlines, and feasibility concerns during inspection periods
  • Assists and coordinates as needed in the performance of due diligence investigations in cooperation with internal departments such as project management, purchasing, marketing and finance
  • Visits sites as required, with close attention to edge conditions, marketing window, school quality, neighborhood characteristics, and future projects and redevelopment in target markets
  • Assists in drafting and submitting Letters of Intent
  • Organizes and participates in land tours as needed
  • Conducts competitive and market research
  • Updates/maintains market analyses, product, and pricing in each target market
  • Maintains land opportunity database and conduct weekly land meetings
  • Performs other duties as assigned

 QUALIFICATIONS:

  • Bachelor’s Degree in Business, Real Estate Development, Economics, or related field, required
  • At least three to five years of experience in new home residential and/or multi-family land acquisition, required
  • Is proficient in pro forma analysis in underwriting for sale, for rent, and or age qualified communities, required
  • Knowledge of market trends, pricing, growth, and supply, required
  • Ability to strategically implement the company’s goals by acquiring the necessary land to meet the strategic objectives, required
  • Knowledge of the political environment and the ability to form political connections, required
  • Valid Class C Driver’s License and a Clean DMV Record, required

TRAVEL REQUIRED: There is 25% of travel required.

TIME AND ATTENDANCE: This position requires punctuality and consistent attendance in the corporate office.

A complete job description is available upon requesst.

 

Company DescriptionVan Daele Homes is a privately owned home building company. Our management team is comprised of some of the most respected and experienced home-building professionals in the industry. Together, since 1987 we have created exceptional new home communities for more than 15,000 families.

Van Daele Homes is a company that hasn't lost its human qualities or its core values. We appreciate our employees and we strive to provide a company culture that is conducive to creativity and success along with a benefit program that helps employees maintain a healthy work-life balance.Company DescriptionVan Daele Homes is a privately owned home building company. Our management team is comprised of some of the most respected and experienced home-building professionals in the industry. Together, since 1987 we have created exceptional new home communities for more than 15,000 families.\r
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Van Daele Homes is a company that hasn't lost its human qualities or its core values. We appreciate our employees and we strive to provide a company culture that is conducive to creativity and success along with a benefit program that helps employees maintain a healthy work-life balance.

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