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Real Estate Acquisition Specialist
2 months ago
Company Background:
Ashton Woods stands as a leader in the homebuilding industry, having established a reputation for innovation and excellence since its inception in 1989. Recognized as Builder of the Year by Builder Magazine, Ashton Woods is the foremost private home builder in the United States, offering homes through its distinguished brands, Ashton Woods and Starlight Homes. The Ashton Woods brand is celebrated for its meticulously designed homes that resonate with design enthusiasts, while Starlight Homes focuses on providing affordable options for first-time buyers, ensuring quality finishes and thoughtful designs. Our commitment to adapting and innovating in response to market demands has earned us numerous accolades in various aspects of homebuilding, including product design, architecture, and customer service.
Position Overview
The Real Estate Acquisition Specialist will be instrumental in identifying, negotiating, and assessing the acquisition of new community sites for Ashton Woods and Starlight Homes.
Key Responsibilities
- Identify and evaluate raw land and lots appropriate for single-family residential development to align with divisional objectives.
- Prepare Letters of Intent following best practices to secure land assets at competitive prices.
- Negotiate agreements directly with landowners and developers, collaborating with corporate and external legal advisors.
- Provide precise timelines for entitlement processes and proposed developments.
- Work closely with the development team and engineers to facilitate efficient land planning and cost assessments.
- Collaborate with market analysts to track local homebuilding pricing and trends.
- Conduct land use and financial evaluations for prospective acquisitions, accurately forecasting development costs, permits, and associated fees.
- Oversee due diligence documentation for project feasibility, utilizing external vendors, local contacts, engineers, and legal professionals, while considering critical information such as geotechnical and environmental reports.
- Investigate local development and construction regulations.
- Ensure all zoning, entitlements, planning, and permits are secured within designated timelines.
Qualifications:
- A Bachelor's degree in business, economics, or a related discipline; or equivalent professional experience.
- A minimum of five years' experience in residential land acquisition and development.
- Preferred experience of at least three years in the homebuilding sector.
- A valid and active driver's license.