Director of Land Acquisition
Director of Land Acquisition
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$ $ 120000 - 155000
1 Vacancy
Job Description
Are you ready to shape the future of homeownership in Las Cruces Our client known as the regions largest homebuilder with an impressive 45 year average employee tenure is seeking a Director of Land Acquisition. Theyre driven by a passion for inventive architecture cuttingedge design and uncompromising construction quality. If youre eager to make a lasting impact and grow alongside a team committed to delivering exceptional value in every home nows the time to join their journey!
Responsibilities
- The Director of Land Acquisition is responsible for the department budget and performs sophisticated
land use and financial analyses participates in due diligence including land planning engineering
environmental utility system and title analysis - Coordinate with Sales Purchasing Design Finance and Legal to perform feasibility analysis for
potential acquisitions including the following: - Entitlement status final plat and improvement plans
- Subdivision analysis (zoning lot fit etc.
- Soils and environmental reports
- Legal and title review
- Development status
- Financial analysis for net margin and IRR;
- Market analysis
- Prepare and presents feasibility reports to the Asset Management Committee
Lot Pipeline Inventory
- Builds and maintains the lot inventory pipeline to achieve company growth goals including the following:
- Identifying strategic acquisitions
- Cultivating broker and land owner relationships
- Negotiating LOIs PreKs contracts amendments and other legal documentation with attorneys and land owners to process acquisitions
- Scheduling lot takedown commitments to ensure timely closings
- Monitoring land agreement ensuring all conditions and obligations of both buyer and seller are met prior to closing
- Managing developers to ensure that lots are delivered on time
Supervisor and Land Department Duties
- Hiring and supervising Land Department personnel
- Providing constructive and timely performance evaluations
- Handling discipline and termination of employees and in accordance with company protocol
- Managing PTO and vacation days; keeping track and updating time off requests in ADP; ensuring appropriate coverage while employee is out to maintain quality control and speed of construction
- Managing company relationships; cooperating with other departments including Construction Sales Product Development and Accounting
- Building and maintaining great working relationships with key members of City and County staff
- Establishing processes and systems to help achieve and excel business goals and objectives
Education
- Required: Bachelors Degree in Finance Accounting Business Real Estate or related field
Experience / Qualifications
- Required: At least five years relevant experience
Department
- The department currently has one Land Acquisition Manager and one Land Acquisition Associate.
Salary & Incentives
- Discount on the sales price of a Hakes Brothers home
- Bonus Plan
- Profit Sharing Plan
- Auto and cell phone allowance
- 401k company match
- Vacation Sick and Holiday Pay
- Medical Dental Vision Disability and Supplemental Life Insurance
- Basic Life Insurance 100 company paid)
Employment Type
Full Time
