Associate - Land Development
Associate - Land Development
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Job Description
Overview
When you join Hines you will embark on a career journey fueled by vision and guided by leaders who set the standards of our industry. Our legacy is rooted in innovation and excellence earning us a spot on Fast Companys esteemed annual list of the Worlds Most Innovative Companies as well as recognition as one of U.S. News & World Reports Best Companies to Work For in 2024. Discover endless opportunities to grow and make your mark at Hines.
Responsibilities
Hines is seeking a high-performing Associate to be part of our Houston Land Development team. This individual will play a foundational role in identifying underwriting entitling and executing horizontal land development projects.
This is a rare opportunity to leverage Hines national land platform capital resources and data-driven approach while applying a highly local entrepreneurial mindset. The successful candidate will bring a blend of strategic market intelligence builder connectivity and hands-on execution experience to deliver successful communities and shape Hines growth in the market
Source and underwrite new residential land development and acquisition opportunities across the Houston market.
Assist active projects from feasibility and entitlement through design financing and horizontal delivery.
Prepare and manage detailed financial models including sensitivity analysis return metrics and scenario planning.
Conduct and apply market research including builder sales data permit trends and demographic analysis to guide investment strategy.
Understand and help manage project cash flows working closely with leadership to ensure funding is aligned with budget and schedule needs. Timely cash availability is essential to meeting obligations and avoiding delays.
Understand and collaborate with Construction teammates on project budgets development schedules and managing third-party contractors.
Manage builder relationships and assist with the negotiation and administration of lot sale contracts.
Evaluate sites for entitlement feasibility infrastructure scalability and regulatory or environmental constraints.
Coordinate with city staff legal advisors HOAs and public financing consultants to secure approvals permits and potential reimbursement structures (e.g. MUDs PIDs Metro Districts).
Interface with investors and lenders including the preparation of reporting packages draw requests and compliance materials.
Represent Hines in the local market as a credible and connected land developer actively building relationships with homebuilders landowners brokers and city officials.
Qualifications
Minimum Requirements include:
- Bachelors degree required ideally in real estate finance civil engineering or a related field.
- MBA or relevant graduate degree preferred.
- Houston development market experience required.
- Five or more years of experience in residential land development land acquisition homebuilding or land brokerage preferred.
- Proven track record managing all phases of land development from sourcing and entitlements to horizontal delivery and lot sales preferred.
- Advanced financial modeling and analytical skills; Excel proficiency required.
- Strong project management capabilities with experience leading diverse stakeholder groups.
- Bring analytical rigor to modeling by understanding the why behind the numbers including development drivers regulatory considerations and market trends to help guide smart strategic decision-making.
- Highly effective communicator and relationship-builder across builders consultants city staff and internal teams.
- Independent entrepreneurial and motivated by building.
- Demonstrated ability to learn quickly take initiative and operate with limited oversight. Must show curiosity self-direction and a willingness to learn.
- Knowledge of entitlement pathways and public reimbursement mechanisms.
- Comfortable working in a lean high-accountability team environment. Willing to roll up sleeves across all aspects of the development process. Flexible humble and genuinely excited to learn the full development spectrum.
- Work approximately 75% of the time indoors and outdoors 25% of the time.
- Occasional physical inspection of sales and construction sites.
- Ability to lift up to 50 lbs if required.
- Regional travel within Houston and surrounding areas.
Closing
At Hines we strive for excellence as a leading global real estate investment manager driven by our by our belief that real estate is fundamentally about people. Our diverse portfolio spans $93.2 billion of assets across such property types as living office retail mixed-use logistics and life science projects all designed to enhance value connection and inspiration. Our strategic approach integrates local expertise with global knowledge taking calculated risks aligned with our convictions to exceed expectations and tailor solutions to our clients needs.
While our projects are renowned for enhancing cities and pioneering sustainable practices we recognize that the true driving force behind Hines success is our 5000 dedicated employees in 30 countries who draw on our 65-year history to build the world forward. This is why we prioritize investing in our people offering comprehensive training competitive compensation robust benefits and generous vacation packages. By centering our focus on the growth and wellbeing of our team we cultivate an inclusive environment where everyone including our clients can thrive.
Hines is proud to be named to Fast Companys prestigious annual list of the Worlds Most Innovative Companies for 2024. Includes both the global Hines organization and RIA AUM as of December 31 2023.
We are an equal opportunity employer and support workforce diversity.
No calls or emails from third parties at this time please.
Required Experience:
IC
Employment Type
Unclear
