Real Estate Development Associate
2 days ago
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
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