Director of Land Acquisition

3 weeks ago

Huntsville, United States Innovative People Solutions Full time
Who Our Client Is

A top 10 homebuilder and one of the fastest growing builders in the US over the past few years. Not only is their growth impressive, but so is their approach to providing new homes for first time homebuyers. They are pioneers in affordable homebuying, building and delivering homes ready for purchase and quick move-in. This has been a market gamechanger, providing quality and affordability for first time homebuyers.

What They Need

Our client is seeking a Director of Land Acquisition to lead and oversee their acquisition and pipeline for future growth in and around the Birmingham and Huntsville markets. The Director of Land Acquisition is responsible for identifying, researching, underwriting, investigating, qualifying, and managing the purchasing of land and lots. This position can be based in Birmingham or Huntsville.

What You'll Do

  • Network with brokers, developers, engineers, planners, municipalities, and landowners for new acquisition opportunities.
  • Perform preliminary due diligence and underwriting to determine viability of each deal.
  • Maintain updated land use plans and database.
  • Use plans, aerial maps, LandVision, and assessor databases to find vacant & semi-vacant parcels with the potential for residential use.
  • Contact owners and enter potentially viable projects into the Land Database.
  • Monitor Entitlement / Development application lists.
  • Review Metro Study, Zonda, and other Broker resources for new parcels.
  • Conduct Market Analysis to set preliminary pricing.
  • Visits, competitive market analysis worksheets and price per square footage graphing.
  • Complete due diligence checklist and due diligence memorandum.
  • Complete presentation to Asset Management Committee for approval on all new deals.
  • Resolve any AMC issues prior to EDD and Closing.
  • Manage pipeline of deals for re-position back into the production cycle.
What You'll Need
  • Bachelor's degree Business or a related field or equivalent combination of education and experience is required.
  • Minimum of 5 years' experience in residential Single or Multi-Family Land Acquisitions.
  • Real Estate License is a plus.
  • Experience in Land Acquisitions, Planning and Development.
  • In-depth knowledge of the area land market.
  • Knowledge of Fair Housing Laws.
  • Ability to read, analyze and interpret financial reports or legal documents.
  • Experience with publicly traded home builders preferred.

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