Land Acquisition Manager

3 weeks ago

Indianapolis, United States Drees Homes Full time

Overview

Drees Homes is a family-owned home building company with a passion for making custom homes easy. For 95 years, we have taken care of our employees and our customers. It???s why we rank as the 18th largest privately-owned builder in the country and have a track record of long-tenured employees. We???re proud of being named a 2022 and 2023 U.S. Best Managed Company, a program sponsored by Deloitte Private and The Wall Street Journal, and we???ve been officially certified as a 2023 Great Place to Work. Enrich your career at a company that values integrity, excellence, opportunity, stability and success.

Headquartered in Fort Mitchell, Kentucky, Drees has operations in ten metropolitan areas: Greater Cincinnati and Cleveland, Ohio; Austin, Dallas and Houston, Texas; Indianapolis, Indiana; Jacksonville, Florida; Nashville, Tennessee; Raleigh, North Carolina; and Washington, DC.

Responsibilities

National homebuilder with a superb reputation as a leader and innovator in the industry is seeking a Land Acquisition Manager for our the Indianapolis, IN Division.

This position is responsible for land acquisition, including market analysis, site identification, feasibility and financial analysis for the Indianapolis Division of Drees Homes.

Duties and Responsibilities:

  • Stay abreast of market demographics, market sales data, and other available market information in order to identify area sub-markets that will sustain growth and provide opportunity for future home sales.

  • Conduct detailed land/lot searches in sub-markets, consistent with the findings of market research.
  • Meet with landowner(s)/developers and negotiate favorable purchase terms that satisfy the financial requirements of a successful development.
  • Perform preliminary due diligence to ensure properties have development potential.
  • Prepare a detailed project financial pro forma. Monitor zoning, engineering, permitting, and miscellaneous approval costs to assure that they fall within budgeted amounts.
  • Professionally represent the company before zoning boards, planning commissions, town meetings, inspection agencies, and engineering consultants and assist with obtaining necessary project approvals.
  • Oversee finished lot balances and secured lot inventory to assure that sufficient inventory exists to achieve annual profit plan and to accommodate future growth.

Knowledge and Skills:

  • Excellent math and computer skills, particularly proficient in MS Excel
  • Proven success in negotiations

  • High results orientation; good personal and professional judgment; excellent problem solving skills

  • Very high sense of urgency and the ability to successfully multi-task

  • Familiarity with the Indianapolis market preferred

  • Understanding of real estate contract language preferred
  • Strong computer skills including MS Office, Word and Excel

Requirements:

  • College degree
  • Land acquisition or related experience
  • Development or Real Estate experience, preferred
  • Municipality experience related to land approvals a plus
  • Strong understanding of land entitlement process preferred
  • Self-starter with a strong work ethic
  • Passionate and driven with high level of integrity
  • Persistent, organized and energetic

The schedule of this position will be Monday - Friday 8 AM - 5 PM, plus additional hours as necessary.

Competitive hourly rate, bonus potential, plus a comprehensive benefits package including profit sharing and 401(k) plans.

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