Land Acquisition Manager

This is a fully remote position, open to applicants in North Carolina, +1 more state.

📋 Description

• Identify new opportunities for land acquisition that align with the Division's strategic objectives and business plan.

• Conduct research, perform analysis, and manage land data to optimize the profitability of both existing and proposed land assets.

• Engage with landowners in targeted regions through various outreach methods, including in-person visits, phone calls, letters of interest, and other communication channels.

• Utilize appraisal district and municipal maps to evaluate utilities, zoning, topography, entitlement status, and relevant development information.

• Maintain tracking logs of viable parcels and comparable transactions.

• Monitor municipal agendas for ongoing projects and acquisition opportunities.

• Reach out to brokers to gather essential listing information.

• Foster relationships within the real estate community and participate in networking events to source potential deals.

• Follow up on leads generated from relationships and media sources.

• Assist with due diligence processes related to zoning, architecture, utilities, surveys, title work, rollback taxes, soils, finance, environmental assessments, engineering, and land planning.

• Utilize Google Earth and mapping tools to create visual exhibits and track land opportunities.

• Incorporate utility data, floodplain information, and net acreage into map exhibits.

• Assist with financial proformas and assumptions to assess proposed land acquisitions.

• Conduct residual analyses to establish appropriate offer prices.

• Update and maintain proformas in response to changing assumptions.

• Populate comparative market analyses (CMAs) to evaluate proposed products and pricing against competing communities.

• Generate market research reports using resources such as Zonda, Bohlke, Metrostudy, and other data sources.

• Assist in drafting letters of interest based on acquisition terms.

• Prepare comprehensive land packages for the Asset Management Committee’s approval of real estate transactions.

• Create update memos throughout the acquisition, development, and post-closing phases.

• Perform additional duties as required or assigned.

⛳️ Requirements

• Proven experience in land acquisitions, planning, and development.

• Familiarity with and established relationships in the local land market.

• Understanding of Fair Housing Laws.

• Proficient in reading, analyzing, and interpreting financial reports or legal documents.

• Strong organizational and managerial skills with the ability to oversee activities of direct reports.

• A Bachelor's degree in Business, Finance, Engineering, or related fields is required.

• At least 5 years of experience in Homebuilding/Residential construction, specifically in Single or Multi-Family Land Acquisitions is necessary.

• A Master's degree is considered a plus.

🏝️ Benefits

• Access to resources, opportunities, and benefits essential for building successful and fulfilling careers.