Land Acquisition Manager

What You’ll Do:

The Land Acquisition Manager is responsible for identifying, researching, underwriting, investigating, qualifying, and managing the purchasing of land.

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 a pipeline of deals for re-position back into the production cycle.
• Perform other duties as needed or assigned.

What You Have:

• 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.

Your Education and Experience:

• A Bachelor’s degree in Business or a related field or equivalent combination of education and experience is required.
• Minimum of 5 years of experience in residential Single or Multi-Family Land Acquisitions.