Land Acquisition Manager
Austin, TX
Bring your experience in residential real estate development, land acquisitions, homebuilding, community development, etc and join our client - the largest and most profitable Community Developer in the country!
Highlights:
· Rocketship: Company grew 10x since 2020 and is now the largest residential land and lot developer in the USA.
· Business is (still) Scaling: Position is open/created due to successful Austin market expansion and growth.
· Advantage: Company is self-financing all purchases and construction efforts, limiting exposure to macro risks.
· A+ Culture: Low internal silos with cross-functional collaboration and high camaraderie = low turnover and long term internal growth opportunities.
What you’ll do:
· Find, place under contract, receive governmental approval and close on new land that is suitable to be entitled/developed and sold to residential developers (homebuilders, multifamily builders, etc).
Responsibilities:
· Plan, direct and coordinate all land acquisition activities
· Identify and qualify potential land acquisitions in alignment with division goals
· Manage the due diligence process on land acquisition opportunities, including initial master planning work in close coordination with internal design and land development teams
· Manage, coordinate resources for, and meet all entitlement needs for land acquisitions
· Monitor development phases and entitlement processes post-closing
· Maintain responsibility for developing departmental overhead budget and controlling the budget
· Manage the land/lot purchase contract process with division counsel, outside counsel and region counsel
· Collaborate with the Land Development Department on potential development communities
· Develop business community relationships and scout other avenues for possible acquisitions
· Negotiate the acquisition of properties with landowners, attorneys or brokers
· Prepare land valuation analysis and corporate budgets
· Prepare memoranda and other documentation and analytics for corporate approval for land buys
What you’ll need:
· 3-5+ years of experience acquiring land for ground-up construction projects (residential preferred)
· Bachelor's Degree
· High frequency of land deal underwriting in current/previous positions
· Knowledge of the Texas land market to include experience developing relationships and presenting to local landowners, civic officials, zoning officials, etc is highly preferred
· Experience or strong understanding of the homebuilding industry would be a big plus
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