Jobs and Careers
CE
Director of Land Acquisition
Century CommunitiesUnited Statesfull_timeVerifiedPosted 3 Oct 2024
About the role
What You’ll Do:The Director of Land Acquisition is responsible for identifying, researching, underwriting, investigating, qualifying, and managing land purchasing. Your Key Responsibilities Include:
- Network with brokers, developers, engineers, planners, municipalities, and landowners for new acquisition opportunities.
- Perform preliminary due diligence and underwriting to determine the viability of each deal.
- Maintain updated land use plans and database.
- Use plans, aerial maps, and assessor databases to find vacant & semi-vacant parcels with the potential for residential use.
- Contact owners and enter potentially viable projects into the Land Database.
- Monitor Entitlement / Development application lists.
- Review Metro Study, Smart numbers, and other Broker resources for new parcels.
- Conduct Market Analysis to set preliminary pricing.
- Visits, competitive market analysis worksheets, and price per square footage graphing.
- Complete due diligence checklist and due diligence memorandum.
- Complete presentation to Asset Management Committee for approval on all new deals.
- Resolve any AMC issues before EDD and Closing.
- Manage the pipeline of deals for re-position back into the production cycle.
- Perform other duties as needed or assigned.
- Experience in Land Acquisitions, Planning, and Development.
- In-depth knowledge of the area land market.
- Knowledge of Fair Housing Laws.
- Ability to read, analyze and interpret financial reports or legal documents.
- Experience with publicly traded home builders preferred.
- A Bachelor’s degree in Business or a related field or equivalent combination of education and experience is required.
- 5+ years of experience in residential Single or Multi-Family.
- A Real Estate License is a plus.
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