Land Acquisition Manager/Director

Published
July 17, 2021
Location
Jacksonville, FL
Category
Job Type

Description

JOB SUMMARY:  The Director of Land Acquisition is responsible for finding, acquiring and prioritizing land acquisitions for the division.  Will work directly with senior leader(s) to scrutinize all property deals and find land in areas and price ranges consistent with market survey data, while optimizing the return on investment and minimizing risk to the company. 
ESSENTIAL DUTIES & RESPONSIBILITIES:
Land Search & Acquisition
  • Aggressively search for land deals to place under contract. Build relationships with local land owners, brokers, engineers, developers and other builders
  • Schedule meetings and work directly with the banks and equity partners if a Joint Venture is involved
  • Drive Land process to meet growth, operating margin and internal rate of return goals
  • Negotiate contracts with sellers
  • Build strong internal relationships with Sales, Purchasing, Construction, Customer Service, Marketing, Daily Units Processing and Mortgage
  • Work with CDD attorneys and other related consultants to facilitate creation of reimbursement districts, establish and monitor critical path schedules, and oversee the CDD approval and creation process through numerous local, county, and state governmental agencies
  • Expand our relationship with local/regional builders and developers to secure joint development and finished lot takedown opportunities    
Land Committee
  • Compile and analyze data for the development of Land Committee packages
  • Participate in Corporate Land Committee discussions     
Data Collection
  • Oversee the compilation of data related to specific jurisdiction, rate orders, HOA obligations, CDD taxes and reimbursement structures, permit constraints
  • Facilitate due diligence process through feasibility phase with engineers and consultants to complete preliminary development plans and costs, geotechnical and applicable environmental reports
  • Audit KB Home's customized database for accurate information
  • Communicate discrepancies to appropriate department and oversee correction process  
Reports
  • Collect and analyze data to prepare daily reports to upper management with a snapshot of all acquisitions for any given time period
  • Develop feasibility packages
  • Provide lot analyses on all communities
  • Coordinate cash flow requirements for the Land Department's proposed Land Acquisitions             
Rollout Process
  • Co-manage rollout meetings and related process changes with other Land department employees and/or engineers
  • Provide relevant information and keep the members of the Land and Operations teams appraised
  • Provide implementation strategies  
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