Director, Land Acquisition

Location Fairfax - 3201 Jermantown Road, Suite 150 Business As part of Brookfield Asset Management — one of the largest alternative asset managers in the world — we harness our resources to bring a fresh approach, unparalleled creativity, relentless innovation, and sound ESG practices to the planning, development, and management of buildings everywhere. From offices, retail spaces, and logistics facilities to multifamily residences, hospitality establishments, and mixed-use structures — we are reimagining real estate from the ground up. We see tomorrow, today. At Brookfield Properties, we’re a fully integrated developer so we know what it takes to go from concept to concrete, from blueprint to building. From vision, experience, resources, and ethics, every day we take these ingredients to partner with our communities, collaborating with the places where we work, customizing developments to meet the neighborhoods’ specific needs, and identifying the highest and best use for each property to create unique and lasting places that bring people together. Learn more (rookfieldproperties.com/en/our-businesses/development.html) . If you're ready to be a part of our team, we encourage you to apply. Job Description Your Team The Director of Land Acquisition works closely with the VP of Acquisitions, Division President, Executive Team, Land, Housing, Finance teams analyzing new and existing opportunities and strategy for all land positions. Manages efforts to update and implement the Land Strategy and Business Plan to meet our goals. Oversees departmental financial and underwriting analysis to support land acquisition and disposition operations. Works with departmental teams in the due diligence process inclusive of overseeing compilation of critical issues list, diligence document review, schedule compilation, comprehensive feasibility analysis. Source new land acquisition opportunities through owner research, brokers, consultants, title company representatives, outreach to City officials and review of jurisdictional activity. Also works with opportunities sourced by Corporate Investments Team. Coordinate the negotiation and legal documentation of purchase agreements and escrow & title documents. Your Key Deliverables Analysis + Oversees and manages financial analysis of development and investment opportunities, including the creation of detailed pro-forma and financial models. + Oversees detailed proforma assumptions to support modeling accuracy and quarterly business plan updates. + Coordinate with Land and Finance on Business Plan updates + Oversees critical Land Ac tracker based on a thorough review of all diligence documents. + Coordinate with the comprehensive feasibility analysis with documented findings. + Review and/or prepare competitive market analysis with pricing graphs and resale analysis. + Responsible for Screening Memo and IC presentations to executive leadership Management and Leadership + Coordinates activities that have significant impact to the achievement of results inclusive of Business Plan and Strategic Plan Updates. + Focus on execution of annual strategic and operational plans + Coordinates cross departmental project teams Acquisition & Due Diligence + Work with brokers, land sellers and buyers with the oversite of the VP of Acquisitions. + Prepare LOIs. Review and provide feedback on and coordinate purchase and sale agreements and related agreements. + Oversee weekly agenda for acquisition meetings and updating of land tracker. + Research and manage/filter opportunities provided from your own research, referrals from our team, brokers, and other contacts. + Oversees creation of a database and track all land transactions + Develop relationships with strategic third parties such as land owners, City Council members, brokers, other builders/developers. + Oversee underwriting assumptions and cash flow analysis for prospective opportunities + Working with the Land Development team, coordinate due diligence efforts; compile critical issues list, fee updates, comprehensive feasibility analysis, complete the feasibility tracker and coordinate meetings with other departments and task completion + Lead project post feasibility approval and during escrow period to ensure closing obligations/conditions and timelines are achieved. This may include coordinating entitlements or other advancement of project readiness or permitting with in-house team members and outside consultants. + Oversees land closings with Escrow/Title for acquisitions and dispositions Must Haves + Bachelor’s degree + New Real Estate Development and general understanding experience + Excellent communication skills both verbal and written + Financial modeling and analysis + Strong organizational skills in thought and process + Extremely proficient in Microsoft Word, Excel, Power Point & Project + Financial modeling expertise + Excellent ability to handle sensitive information + Previous experience working with senior leadership, executive management and other management levels + Strategic thought process with the ability to connect abstract concepts to identify business opportunities + Flexible and adaptable to rapid change Nice to Haves + 10-12 years of experience in Land Acquisition, Project Management and/or Forward Planning + Highest level of accuracy and precision; highly organized + Willingness to work through short and unexpected deadlines + Ability to prioritize and manage multiple projects under tight deadlines + Strong Analytical Skills + Possess a strong attention to detail; accomplish tasks by considering all areas involved and bear the larger picture in mind + Residential Real Estate experience + Creative problem solving Your Opportunity - US We are proud to offer our employees what they value most: + Competitive compensation + Excellent extended medical, dental and vision benefits beginning day 1 + 401(k) matching, vesting begins day 1 + Career development programs + Charitable donation matching + Paid Volunteer Hours + Paid parental leave + Family planning assistance including IVF, surrogacy and adoptions options + Wellness and mental health resources + Pet insurance offering + A culture based on our values of Passion, Integrity and Community #LI-BT1 Brookfield Properties participates in the E-Verify process (-verify.gov/) to confirm the eligibility of candidates to work in the United States. We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted. Brookfield Properties participates in the E-Verify process (-verify.gov/) to confirm the eligibility of candidates to work in the United States. We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.