VP - Land Acquisition

Responsibilities Oversees and manages all Land Acquisition Department employees ensuring each is executing their specific land functions for identifying, analyzing, underwriting, negotiating, acquiring, and entitling new lot for land development. Creates an annual strategic acquisitions plan defining geographic, product and pricing goals to guide acquisition efforts and support the Company’s overall strategic plan by region using our Unit Delivery Plan (UDP). Ensures general market research focuses on employment, demographics, leasing volume and competition. Provides targeted market studies and information that may be requested by the AMH executive team. Leads the preparation of (with the assistance of the VP of Land Development) Proforma submittals, feasibility packages including product recommendations, financial analysis, risk mitigation measures, letters of intent, agreements, and other related legal documents needed in purchasing land. Oversees the acquisition escrow and entitlement process, tracks deal status, including transaction milestones. Briefs management on targeted acquisitions and timing. Obtains approval for capital expenditure. Oversees the creation, management, and updating of investment proformas, budgets, schedules, financing scenarios, and evaluation of the market characteristics. Participates in and leads negotiations on purchase agreements, oversees the transaction timeline toward a timely closing. Generates acquisition opportunities by developing targeted submarkets within each marketplace. Develops trusted relationships with a network of industry contacts including brokers, developers, and property owners in the relevant areas of operation. Monitors economic and industry trends. Requirements Bachelor’s degree in Business, Finance, or Real Estate highly preferred. Minimum of ten (10) years of progressively responsible experience in real estate transactions that must include property valuation/appraisal, trustee sales, and escrow transactions. Minimum of five (5) years of supervisory experience managing direct reports required. Valid driver’s license required. MBA preferred. Advanced knowledge of MLS and other real estate tools required. Working knowledge of Microsoft Office (Excel, Word, Outlook), a knowledge of Microsoft Dynamics CRM a plus. Excellent verbal and written communication, leadership, problem-solving, planning, budgeting, and financial analysis skills. Strong relationship management, people management, employee development, and conflict resolution skills. Must be able to manage multiple deadlines. #J-18808-Ljbffr Jobtailor