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Land Acquisition Manager – Single-Family Rental

Location:

Southeast


Company Description:

Our client develops, acquires and operates high-quality apartment communities in desirable locations coast-to-coast. While they are a national company, they pride themselves on their ability to immerse themselves in their chosen markets – in other words, living and working in the communities where they operate. They combine deep understanding of each market with 30+ years of expertise and a fresh innovative approach to the apartment industry, to build relationships and places in which people thrive – creating real and enduring value for their residents, investors and associates.


Position Description:

 

Our client is looking to buildout a new Single-Family Rental division within the organization and need to hire an experienced Land Acquisition Manager with eight to ten years of experience to source land in Atlanta/Charlotte or in Northern Florida for the new Single-Family Rental Division of the company. This person will be based in the Charlotte, Atlanta, Orlando or Boca Raton Regional office and will report to the VP of Single-Family Rental out of Boca Raton.

Essential Duties & Responsibilities

  • Plan, direct, and coordinate all land acquisition activities
  • Identify and qualify potential land acquisitions in alignment with division goals and strategy
  • Manage the due diligence process on land acquisition opportunities, working closely with the VP of Single-Family Rental
  • Manage, coordinate resources, and meet all entitlement needs for land acquisitions
  • Maintain responsibility for developing departmental overhead budget and controlling the budget
  • Manage the land/lot purchase contract process with division counsel, outside counsel, and region counsel
  • Develop business community relationships and scout other avenues for possible acquisitions
  • Negotiate the acquisition of properties with landowners, attorneys or brokers
  • Prepare land valuation analysis and corporate budgets
  • Prepare memoranda and other documentation and analytics for corporate approval for land buys
  • Work alongside marketing and production team members to complete land feasibility studies
  • Negotiate directly with landowners to secure prime sites at the best price
  • Provide accurate timing for the proposed development analysis
  • Work with the development team to ensure efficient use of land and cost-effective completion of a finished lot
  • Understand and oversee site development, including local zoning, planning, and pricing
  • Work with marketing team members to monitor competitive local home building and prices
  • Participates in Company provided training such as fair housing, safety, non-discrimination, and harassment prevention.
  • Complies with all Company National Standards, applicable health and safety rules and regulations, as well as applicable local, state, and federal laws.
  • Ensures strict compliance with plans and communicates to the President of Single-Family Rental any critical issues
  • Represent Client in the local community

Qualifications for Consideration

  • 8 – 10 years of proven, successful land acquisition experience
  • Bachelor’s degree
  • Real Estate finance experience a plus
  • Skilled in land deal structuring
  • Background in land planning, zoning, law, and real estate
  • Strong communication skills
  • Creative thinking and attention to detail
  • Able to travel overnight
  • Homebuilding industry experience a plus
  • Must have a vehicle and a valid driver’s license

To learn more about this position, contact: Cindy Shoemaker | (412) 339-5374 | cshoemaker@crownsearch.com

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