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Land Acquisition
2 months ago
Land Acquisition Manager (Department Head)
Orlando, FL
Bring your experience in residential real estate development, land acquisitions, community development, homebuilding etc and join our client - a Fortune 500 Homebuilder who has been a leader in their industry for over 20 years.
Highlights:
- Financial Stability: A bullet-proof balance sheet, strong liquidity (cash stores), and low leverage (debt) allow for this builder to weather these macroeconomic uncertainties better than competitors.
- Stability in Leadership: All senior leadership in this division has been together for over 10 years.
- Career Potential: Position is open due to an internal promotion.
- Established Development Partner: Support of a national Land Development firm will aid in being able to go after unique and complicated land assemblages.
- Multi-brand strategy: Serving all major buyer groups entry, first time, move up, luxury, active adult and BTR increasing number of deals this land acq team can consider.
What youll do:
- Oversee the Land Acquisition Department including hiring and employee development.
- Play an active role in deal making Source, place under contract, receive governmental approval, and close on new land assets (undeveloped land + developed lots) in Seminole and Volusia counties.
- Work with property owners, brokers, land developers, city officials and others to secure land.
Responsibilities:
- Plan, direct and coordinate all land acquisition activities for assigned territory.
- Negotiate the acquisition of properties with landowners, attorneys or brokers.
- Identify and qualify potential land acquisitions in alignment with division goals.
- Manage the due diligence process on land acquisition opportunities, including initial master planning work in close coordination with internal design and land development teams.
- Manage, coordinate resources for, and meet all entitlement needs for land acquisitions.
- Monitor development phases and entitlement processes post-closing.
- Maintain responsibility for developing departmental overhead budget and controlling the budget.
- Manage the land/lot purchase contract process with division counsel, outside counsel, and region counsel.
- Collaborate with the Land Development Department on potential development communities.
- Develop business community relationships and scout other avenues for possible acquisitions.
- Prepare land valuation analysis and corporate budgets.
- Prepare memoranda and other documentation and analytics for corporate approval for land buys.
What youll need:
- 8+ years of successful land acquisition experience in the homebuilding industry (or similar).
- Have been the lead person directing numerous iterations of underwriting complicated development projects.
- Experienced in the use of market research tools and knowledge of GIS mapping applications and Google Earth.
- Working knowledge of Florida zoning and land use practices, development standards, and utility solutions.
- Ability to read and interpret lot plans, plat plans.
- Strong MS Office skills (Excel, Outlook, etc).
