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Site Acquisition Director

2 months ago


Cleveland, Ohio, United States Stark Enterprises Full time
Job Summary

Stark Enterprises is seeking a seasoned professional to fill the role of Director of Site Selection. As a key member of our team, you will be responsible for identifying, evaluating, and acquiring strategic land parcels for our build-for-rent multifamily development projects.

Key Responsibilities
  • Market Analysis
    • Conduct thorough market research to identify potential land opportunities and market trends.
    • Analyze demographic, economic, and zoning data to assess the feasibility and potential risks associated with land acquisitions.
  • Site Identification
    • Proactively identify and evaluate potential land parcels that align with the company's strategic goals and development criteria.
    • Collaborate with internal teams, including architects, engineers, and legal professionals, to assess site suitability.
  • Due Diligence and Negotiation
    • Coordinate with development and finance teams on due diligence processes, including environmental assessments, zoning investigations, and title reviews.
    • Negotiate with landowners, developers, and brokers to secure favorable terms and pricing for land acquisitions.
  • Relationship Management
    • Cultivate and maintain strong relationships with landowners, brokers, and other key stakeholders in the real estate community.
    • Represent the company in a professional manner during negotiations and industry events.
  • Financial Analysis
    • Develop detailed financial models to evaluate the feasibility and profitability of potential land acquisitions.
    • Provide input on pricing strategy and financial terms during the acquisition process.
Requirements
  • Bachelor's degree in Real Estate, Business, Finance, or related field.
  • Proven experience in land acquisition and real estate development.
  • Strong understanding of market trends, zoning regulations, and land use policies.
  • Exceptional negotiation and deal structuring skills.
  • Proficient in financial analysis and modeling.
  • Excellent communication and interpersonal skills.
  • Ability to work collaboratively in a fast-paced, dynamic environment.