Land Acquisition Manager

2 weeks ago


Naperville Illinois, United States MI Homes Full time
Job Summary

The Land Acquisition Manager for M/I Homes coordinates and assists in the acquisition and development of real estate into residential communities. This role monitors and supports the acquisition process through contract, due diligence, entitlement, and closing phases. The primary responsibilities include supervising project feasibility and managing all land entitlements to deliver a pipeline of communities for the Chicago Division.

Duties and Responsibilities
  • Sources and acquires land for the development of communities in the Chicago market and geographical areas.
  • Prepares land acquisition packages for presentation and corporate approval.
  • Performs project underwriting and generates letters of intent (LOIs).
  • Assists in the land entitlement process, including preparation of municipal presentation materials, project feasibility timelines, and weekly reporting on the status of governmental approvals.
  • Develops and maintains property contact listings through continuous research and analysis of available land; establishes and maintains landowner, builder, and developer contacts for available land and lots.
  • Assists in the evaluation process and inspection of land under consideration.
  • Reviews municipal zoning and subdivision codes affecting bulk standards and building requirements.
  • Manages contract/zoning attorneys and land development consultants to achieve land purchase, permitting, and development goals.
  • Generates Competitive Market Analysis (CMA) on a regular basis, including builder competition, resale regressions, and submarket location adjustments.
  • Assists the Marketing Department with on-site/off-site community signage leases and permits.
  • Meets with seller/engineers/planners/municipalities/other agencies as required for each property under consideration.
  • Assists with special projects as requested and performs additional duties as required.
Requirements
  • Minimum Education Experience: Bachelor's degree in business, real estate, or civil engineering.
  • 3-5 years' experience in real estate acquisitions (with a production builder preferred).
Benefits

M/I Homes offers a comprehensive benefits package, including medical, dental, vision, paid time off, and paid holidays, paid parental leave, traditional and Roth 401(k) options, profit-sharing plan, employee stock purchase plan, employee home purchase plan, and more.

We are committed to attracting, developing, and retaining diverse talent that reflects the customers we serve and the communities where we live and work.

We are proud to be an EEO/AA employer M/F/D/V. We maintain a drug-free workplace and perform pre-employment substance abuse testing.



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