Land Acquisition Manager

DRB Homes

Addison (TX)

On-site

USD 120,000 - 180,000

Full time

3 hours ago
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Job summary

DRB Homes is seeking a responsible professional to execute division land acquisition strategies, identify opportunities, negotiate acquisitions, and maintain strong relationships with land developers, brokers, and officials. The role requires coordinating with Entitlements and regulatory bodies to support site approvals and due diligence.

The candidate will analyze proformas, draft LOIs, manage contracts, and provide ongoing market analysis and reporting to division leadership.

Responsibilities

  • Identify opportunities for land and lot acquisition.
  • Negotiate and acquire land and lots to meet company goals; prospect for opportunities.
  • Establish and maintain relationships with Land Developers.
  • Establish broker/seller relationships.
  • Analyze land development proformas.
  • Draft and submit LOIs.
  • Negotiate and finalize contracts for acquisitions.
  • Maintain reports, target dates, contract summaries, and market analysis.
  • Network with builders and developers to maintain market awareness and contacts.
  • Assist Entitlements group with coordinating engineers, planners, architects, and contractors in due diligence.
  • Assist Entitlements with agencies to annex, zone, or secure regulatory approval.
  • Foster relationships with state, county, and city officials to maximize productivity.
  • Manage land purchases through due diligence and acquisition packaging.
  • Assess site viability and provide information.
  • Other duties as assigned.

Skills

Negotiation
Relationship building
Market analysis
Strategic thinking

Job description

Job Purpose

This position is responsible for the execution of division land acquisition strategy including identifying, negotiating, and acquiring new land and lots to meet the divisions future needs. Fosters new and maintains existing relationships with land owners, sellers, developers, brokers in order to expand division’s visibility and market presence. Maintaining excellent communications with appropriate internal and external partners, division leadership, and executive team is required.

Job Purpose

This position is responsible for the execution of division land acquisition strategy including identifying, negotiating, and acquiring new land and lots to meet the divisions future needs. Fosters new and maintains existing relationships with land owners, sellers, developers, brokers in order to expand division’s visibility and market presence. Maintaining excellent communications with appropriate internal and external partners, division leadership, and executive team is required.

Essential Functions
Duties and Responsibilities
  • Identify opportunities for land and lot acquisition
  • Negotiate and acquire land and lots necessary to meet company goals and projections; prospect for potential land acquisition opportunities
  • Establish and maintain relationships with Land Developers
  • Establishes broker/seller relationships
  • Analyzes land development proformas
  • Drafts and submits LOIs
  • Negotiate and finalize contracts for targeted acquisitions
  • Maintain reports, critical target dates, contract summaries and periodic market analysis
  • Network with other builders and developers to maintain market awareness, develop contacts and provide information necessary for the division to be a strong competitor
  • Assist the Entitlements group in coordinating the activity of engineers, land planners, architects and general contractors in the underwriting and due diligence assessment of targeted acquisitions.
  • Assist the Entitlements group with local, county, state and federal governmental agencies to annex, zone and otherwise secure regulatory approval for projects
  • Establish and foster professional relationships with state, county and city officials to maximize productivity of targeted projects
  • Manage land purchases through due diligence processes; provide information for and participate in the coordination of land acquisition packages
  • Assess site viability and provide information where appropriate
  • Other duties as assigned
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