Land Acquisition Manager

M/I Homes; Minneapolis (MN); On-site; USD 100,000 - 180,000; Full time

Benefits offered by this job

Benefits package

Job summary

M/I Homes, a national homebuilder, seeks a Land Acquisition Manager to source and develop land for Minneapolis-area communities, coordinating underwriting, LOIs, and entitlements.

The role requires a Bachelor's in business, real estate, or civil engineering, 3–5 years in residential acquisitions, and a valid driver's license; attractive bonus potential and comprehensive benefits.

Qualifications

• 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.
• Excellent written and verbal communication skills for diverse stakeholders.
• Wamiliarity with land data sources, market trends, and feasibility analysis.

Responsibilities

• Sources and acquires land for the development of communities in the Minneapolis Market.
• Prepares land acquisition packages for presentation and corporate approval.
• Performs project underwriting and generates letters of intent (LOI’s).
• Assists in the land entitlement process.
• Develops and maintains property contact listings through research and analysis of available land; builds builder/developer contacts.
• Assists in evaluation and inspection of land under consideration.
• Monitors inventory of available excess lots for sale by other builders and developers.
• Generates CMA analyses on a regular basis.
• Meets with sellers, engineers, planners, municipalities, and other agencies for each property.

Skills

Self-motivation

Communication

Multitasking

Team collaboration

Travel readiness

Education

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

Tools

Excel

Word

Adobe

Bluebeam

PowerPoint

Job description

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 for M/I Homes (NYSE “MHO”) coordinates and assists in the acquisition and development of real estate into residential communities.

Salary Range: $100,000 - $180,000 per year.

This position is eligible for an annual bonus at the discretion of management, based upon considerations that include the division’s and candidate’s overall performance.

Duties and Responsibilities:

• Sources and acquires land for the development of communities in the Minneapolis Market.
• Prepares land acquisition packages for presentation and corporate approval.
• Performs project underwriting and generates letters of intent (LOI’s).
• Assists in the land entitlement process.
• Develops and maintains property contact listings through continuous research and analysis of available land; establishes and maintains builder and developer contacts for available lots.
• Assists in the evaluation process and inspection of land under consideration.
• Monitors inventory of available excess lots for sale by other builders and developers.
• Generates Competitive Market Analysis (CMA) on a regular basis.
• 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.

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:

• Must be a self-starter with the ability to think critically. Able to manage multiple tasks while keeping track of priorities so that all intended objectives are met.
• Excellent verbal and written communication skills for interaction with a variety of people inside and outside of organization.
• Skilled at Excel, Word, Adobe, Bluebeam, and Power Point, as well as navigating to web (Zonda, MLS, etc) and government agency sites to obtain information on owners, land feasibility, land values, permits and market trends.
• Must have current, working knowledge of the Orlando (Orange, Lake, Seminole, Volusia, Osceola, & Brevard counties) market and geographical locations.
• Ability to research, interpret, analyze, and evaluate given information relative to the acquisition of appropriate land sites.
• The ideal candidate can work independently and within a team and must be adept in a quick, fast paced environment that changes quickly.

M/I Homes offers a comprehensive benefits package, including medical, dental, vision, paid time off and paid holidays, paid parental leave, traditional and Roth 401(k) options, profit sharing plan, employee stock purchase 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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