Land Acquisition Manager

M/I Homes, Inc.; Indianapolis (IN); On-site; USD 90,000 - 140,000; Full time

Benefits offered by this job

Medical

Dental

Vision

Paid time off & holidays

Parental leave

401(k) options

Profit sharing

Employee home purchase plan

Job summary

M/I Homes, Inc. in Indianapolis is seeking a Land Acquisition Manager to identify, evaluate, negotiate, and secure land opportunities that support our growth objectives.

This role oversees the acquisition process from initial identification and feasibility through due diligence, contract execution, entitlement coordination and closing, ensuring alignment with financial and market requirements. The position requires building relationships with landowners, brokers and municipalities, leading LOI

Qualifications

• Minimum education: Bachelor's degree in business, real estate, or civil engineering.
• 3–5 years' experience in real estate acquisitions (residential a plus).
• Valid driver's license and good driving record required to drive market coverage.

Responsibilities

• Develops and maintains relationships with landowners, brokers, developers and municipalities.
• Sources and acquires land for development in Indiana markets including Boone, Hamilton, Hancock, Hendricks, Johnson, Madison, Morgan and Shelby counties.
• Negotiate purchase price, terms, contingencies, deposits, closing dates, extensions and other contract provisions.
• Assist with land acquisition packages for presentation and corporate approvals, coordinating with senior leadership.
• Performs project underwriting and initial analysis and generates letters of intent (LOIs).
• Manage transaction details, deadlines, contingencies, deposits, extensions and closing requirements.
• Assist in land entitlement process and maintain property contact listings.
• Collaborates to refine CMA on proposed deals and meets with sellers, engineers, planners and municipalities.
• Assist with special projects and additional duties as required.

Skills

Negotiation

Communication

Analytical skills

Research & analysis

Time management

Education

Bachelor's degree in business, real estate, or civil engineering

Job description

Requirements

M/I Homes has been building new homes of outstanding quality and superior design for 50 years. Founded in 1976 by Irving and Melvin Schottenstein and guided by Irving's drive to always "treat the customer right," we have fulfilled the dreams of over 170,000 homeowners and grown to become one of the nation's leading homebuilders. M/I Homes started as a family business and grew into a national leader in a single generation with divisions in 17 markets, including Austin, Charlotte, Chicago, Cincinnati, Columbus, Dallas, Detroit, Houston, Indianapolis, Minneapolis, Nashville, Orlando, Raleigh, San Antonio, Sarasota, and Tampa.

Job Summary

The Land Acquisition Manager is responsible for identifying, evaluating, negotiating, and securing land opportunities that support the company's strategic growth objectives. This position manages the acquisition process from initial land identification and feasibility analysis through due diligence, contract execution, entitlement coordination and closing ensuring each opportunity meets the company's financial, operational and market requirements.

Duties And Responsibilities

• Develops and maintains relationships with landowners, brokers, developers and municipalities tracking opportunities through the online software platform.
• Sources and acquires land for the development of communities in the Indiana Market including but not limited to Boone, Hamilton, Hancock, Hendricks, Johnson, Madison, Morgan, and Shelby counties. This includes off-market land opportunities as well as finished lot deals.
• Negotiate purchase price, terms, contingencies, deposits, closing dates, extensions, easements and other contractual provisions.
• Assists with the preparation of land acquisition packages for presentation and corporate approval. Including collaboration with VP of Land, VP of finance, VP of Sales and VP of Purchasing as well as Area President and other members of the land team.
• Performs project underwriting and initial analysis/evaluation process and inspection of all deals under consideration and generates letters of intent (LOI's).
• Manage transaction details for each assigned deal including but not limited to contract deadlines, contingencies, deposits, extensions, seller and municipal commitments and closing requirements.
• Assist VP of land, Director of Land Development, legal counsel and title teams to resolve transaction issues.
• Assists in the land entitlement process as needed.
• Develops and maintains property contact listings through continuous research and analysis of available land; establishes and maintains builder and developer contacts for available lots.
• Monitors inventory of available excess lots for sale by other builders and developers.
• Collaborates with Land Manager of Data Analytics to refine Competitive Market Analysis (CMA) on a regular basis for proposed deals.
• Meets with seller/engineers/planners/municipalities/other agencies as required for each property under consideration.
• Assists with special projects as requested and performs additional duties as required.

Requirements

Minimum Education Experience:
Bachelor's degree in business, real estate, or civil engineering. 3-5 years' experience in real estate acquisitions (residential a plus). Ability to drive the market requires a valid driver's license and good driving record.

Skills And Abilities

Demonstrated success in homebuilding industry preferred. Persuasive attitude with outstanding negotiation and organizational skills; detail-oriented aptitude. Ability to research, interpret, analyze, and evaluate given information relative to the acquisition of appropriate land sites. Excellent verbal and written communication skills for interaction with a variety of people inside and outside of organization. Decisiveness and good judgment, problem-solving and analytical skills to act with authority and manage risk with little direction from others. Ability to work at a fast pace and manage workload efficiently. Working knowledge of given market and geographical locations.

Benefits

• medical
• dental
• vision
• paid time off and paid holidays
• paid parental leave
• traditional and Roth 401(k) options
• profit sharing plan
• employee home purchase plan
• and more

We are proud to be an EEO/AA employer M/F/D/V. We maintain a drug-free workplace and perform pre-employment substance abuse testing.

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