Job Description

Overview
 

The primary role will be to manage the due diligence and CIC approval processes of land acquisition.  Assist in the development of opportunities that fit the company’s land acquisition strategies.  Understand current market conditions and trends.

Responsibilities
 

Take charge of the “Greenfolder” process ensuring that the Division completes all due diligence and internal approval items within a timeframe that meets third party seller’s contractual requirements.
Manage land acquisition contracts and monitor contract compliance with Director and outside attorneys.
Draft concise and accurate explanations of acquisition opportunities, strategies and risk for executive level associates.
Work in conjunction with the Director of Land Acquisitions in negotiating terms and specifics of purchase and sale agreements.
Act as liaison between closing attorneys and Division staff to close on property
Facilitate processes required for due diligence for the purchase of property.
Track and manage due diligence budgets and payment to 3rd party consultants
Monitor and manage potential land acquisition opportunities and update data base files.
Network with other builders and developers to maintain market awareness; develop contacts to become a strong competitor in Division’s market area.
Manage the updating of pipeline and future opportunity reports for each submarket within the region.
Contact and meet with developers and land sellers as necessary and regularly update the land pipeline tracking reports.
Develop a broad understanding of the market including the competition, house types/sizes, price points, and sales absorptions for each county within the region.
Research approvals/permits, zoning, engineering plans, improvement estimates, off-site improvements/contributions, soils/geology, wetlands, utilities, affordable housing component/contribution, and building costs.
Manage and update geographical land pipeline and submarket information (including competition) via municipal GIS websites & Google Earth
Work with Director and VP’s of Sales to develop plan lineups for underwriting each acquisition deal.
Review proforma analysis for inclusion in the Green Folder submittal deliverable.

Qualifications

Minimum Bachelor of Science required. Degree in Real Estate, Finance, or Business preferred. 

Minimum five years’ experience supporting Land Development Department and Executive level Associates preferred
Intermediate computer skills – Microsoft Word and Excel required
Experience in spreadsheet analysis, project scheduling, and data management required
Excellent attention to detail