Land Acquisition Associate

Job Description

Job Description

The Land Acquisition Associate will assist in performing sophisticated land use and financial analysis, participates in due diligence, including land planning, engineering, environmental, utility system, and title analysis.

Feasibilty Reports

• Coordinates with Sales, Purchasing, Design, Finance, and Legal to perform feasibility analysis for potential acquisitions, including the following:
• Soils and environmental reports.
• Subdivision analysis, zoning, lot fit, etc.
• Legal and title review.
• Entitlement status, final plat, and improvement plans.
• Development status.
• Financial analysis for net margin and IRR.
• Market analysis.
• Feasibility reports for submission to the Asset Management Committee.

Lot Inventory Pipeline

• Builds and maintains the lot inventory by identifying strategic acquisitions.
• Cultivates broker and land owner relationships.
• Negotiates LOIs, Pre-Ks, contracts, amendments, and other legal documentation with attorneys and land owners to process acquisitions.
• Schedules current lot takedown commitments to ensure timely closings.
• Monitors land agreements to ensure all conditions and obligations of both buyer and seller are met prior to closing.
• Analyzes new opportunities including the preparation of CMAs and identifies potential opportunities or issues and financial analyses.
• Tracks competitor locations, product offerings, price points, and acquisition costs.
• Tracks current zoning, ownership, and availability for vacant or under-utilized land parcels by sourcing and analyzing public and private data sources.

Subdivision Compliance

• Reviews subdivisions for compliance with development standards as specified on approved subdivision improvement plans and in purchase agreements.
• Coordinates with developers to complete outstanding work.

Professional Appearance / Team Player

• Always look, dress and speak like a Land professional.
• Help accomplish whatever task is at-hand to ensure that Hakes Brothers continues to be an indusry leader. Be a LEADER.
• Be an example to other co-workers.
• Be a positive voice for the company.

Vehicle

• Must own or have access to a vehicle for daily work.
• Must carry a valid driver's license and auto liability insurance.

Other

• Other duties as assigned,

Education

• Required: High School diploma or GED
• Preferred: Bachelor's Degree in Finance, Accounting, Business, Real Estate, or related field

Experience / Qualifications

• Required: At least two years' relevant experience
• Required: Must own or have access to vehicle for daily work
• Required: Valid driver's license and auto liability insurance

Incentives & Benefits

• Discretionary bonus
• Paid vacation
• 401k with match & profit sharing
• Benefits (medical, dental, vision, life insurance)
• Employee discount on a Hakes Brothers home

Physical Requirements

• Prolonged periods sitting at a desk and working on a computer
• Must be able to access and navigate all areas under consideration in all types of weather
• Ability to work in various weather conditions - heat, rain, cold, etc.