Metric Geo | Senior Vice President of Land Acquisition | houston, tx
3 days ago
Job Responsibilities:
- Land Acquisition Leadership: Lead the strategic efforts to secure land acquisitions, ensuring alignment with the company’s overall growth objectives and strategy.
- Budget and Cost Estimation: Collaborate with the Subsidiary CEO to establish acquisition budgets. Provide accurate cost estimates during the due diligence process for prospective land parcels.
- Investment Committee Presentation: Drive the preparation of comprehensive Land Packages for presentation to the Investment Committee (IC), ensuring clarity and thoroughness.
- Project Management: Ensure adherence to the Annual Business Plan, managing schedules to maintain an inventory of vacant, developed lots, and preventing gaps between projects.
- Support Subsidiary CEO: Provide critical acquisition information (e.g., proformas, cash flow projections, and lot delivery schedules) to support the Division’s Annual Business Plan.
- Financial Analysis: Develop and manage proformas and quick-look analyses to assess the feasibility and projected performance of real estate acquisitions.
- Market Analysis: Collect and present market data on proposed transactions. Conduct analyses to evaluate the economic viability of projects and ensure they align with the company’s ROI expectations.
- Feasibility and Yield Evaluation: Evaluate potential acquisition sites for feasibility, expected yield, and alignment with company requirements.
- Governmental Interactions: Collaborate with governmental agencies to secure land use approvals (e.g., zoning, platting) and work closely with city staff and councils.
- Industry Networking: Cultivate and maintain strong relationships with brokers, land developers, homebuilders, and other industry professionals to foster business development opportunities.
Qualifications:
- Education: Bachelor's or Master's degree in Real Estate, Finance, Business, or a related field.
- Experience: Minimum of 5 years of experience in a Land Acquisition role.
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