Land Acquisition Manager

Land Acquisition Associate

Cleveland, OH

Bring your expertise in Real Estate Development, commercial brokerage, land acquisition, market analysis, etc and join our client, a Fortune 500 National Homebuilding company who has been the leader of their industry for 20+ years.

Highlights:

• Open a New Division: Play major role in growing a new operation for a Top 10 National homebuilder.
• Leave a Legacy: Be a founding member of a division that is primed and capitalized to grow to #1 in the market.
• Support Provided: Established sister divisions providing support to aid in underwriting and back-office support.
• Unique multi-brand strategy: Serving all major buyer groups – entry, first time, move up, luxury and active adult, increasing number of deals this person can go after.

What you’ll do:

• Find land for future new home communities around Cleveland.
• More specifically - source, find, place under contract, receive governmental approval and close on new land that meets the division's needs – both raw land and finished lots – across assigned territory in NE Ohio.

Responsibilities:

• Create and foster relationships with landowners, land brokers, title companies, lenders, municipalities other homebuilders, and lot developers
• Analyze the financial aspects of each development opportunity
• Prepare complete financial analysis and pro-forma for properties under consideration for purchase
• Preparation of Corporate Approval Package
• Negotiate the acquisition of properties with sellers, landowners, attorneys or brokers
• Prepare memoranda and other docs and analytics for corporate approval for land buys
• Manage due diligence process on land acquisition opportunities, including initial master planning work in close coordination with internal design and land development teams
• Monitor development phases and entitlement processes post-closing

What you’ll need:

• 3+ years of real estate development and/or land acquisition experience
• College Degree
• Experience working with landowners, land brokers, title companies, lenders, municipalities, engineers, other homebuilders, and lot developers is highly preferred.
• Have led numerous iterations of underwriting a potential development project from start to finish.
• Salesmanship and successful experience developing business relationships.
• Experienced in the use of market research tools and knowledge of GIS mapping applications and Google Earth.
• Working knowledge of OH zoning and land use practices, development standards, and utility solutions.
• Proficiency with Microsoft Office applications with advanced skills in Excel Ability to read and interpret lot plans, plat plans

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