Land Acquisition Proj Mgr-FG

3 weeks ago

Houston, United States D.R. Horton Full time

Forestar Group Inc. is a residential lot development company focused on delivering desirable communities for homebuilders in both established locations and long-term growth markets. Forestars vision is to be the nations leading residential lot developer. The Companys strategic relationship with D.R. Horton, the nations largest homebuilder, complements Forestars vision of creating neighborhoods that enhance the lives of community residents while creating value for shareholders, trade partners and employees.

Forestar Group is currently looking for a Land Acquisition Project Manager - FG. The right candidate will assist the Land Acquisition Manager(s) to find, coordinate, and secure land acquisition leads to meet division goals.

Essential Duties and Responsibilities include the following. Other duties may be assigned.

  • Receive and provide initial response plan for all new leads from outside source
  • Make initial cold call contacts and make inquiries on land leads
  • Perform title and municipal research on potential land leads
  • Ensure that property documents comply with company standards and notify management of concerns and potential solutions Complete detailed review and analysis of entitlement status of prospective acquisitions on a continuous basis
  • Perform in-depth market analysis to complete CMAs on potential acquisitions
  • Prepare Letters of Intent
  • Participate in the negotiation of purchase agreements
  • Participate in the process to ensure that all due diligence work is completed prior to expiration of contingency period and the Land Acquisition Proforma (LAP) submittal date
  • Apply principles of accounting to analyze financial information and perform financial modeling for potential acquisitions
  • Provide all pertinent property description information, seller demands, terms, conditions and contact information to management
  • Provide site inspections to identify project status, progress, and risk management
  • Assist in maintaining acquisition budgets, development schedule oversight, and project updates
  • Coordinate and communicate with primary engineer and other primary consultants
  • Establish and maintain relationships with land developers, brokers, and land owners
  • Provide support in preparation of internal investment committee memos for approval of acquisitions
  • Coordinate with consultants to municipal staff
  • Review development agreements
  • Assist the Land Acquisition Manager to zone and plat projects
  • Conducts all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company
  • Ability to travel overnight

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