Director of Land Acquisition
D.R. Horton
Forestar Group Inc. is a residential lot development company focused on delivering desirable communities for homebuilders in both established locations and long-term growth markets. Forestar’s vision is to be the nation’s leading residential lot developer. The Company’s strategic relationship with D.R. Horton, the nation’s largest homebuilder, complements Forestar’s vision of creating neighborhoods that enhance the lives of community residents while creating value for shareholders, trade partners and employees.
Forestar is currently looking for a Director of Land Acquisition . The Division Director of Land Acquisition works with the Division President to establish the land acquisition goals that support the division’s annual business plan. Responsible for managing the operation to find, contract, and initiate agency approvals and close on land to meet the division’s objectives and goals. Directs the process of land analysis, negotiations, purchase agreements and corporate submittal packages to determine feasibility.
Essential Duties and Responsibilities include the following. Other duties may be assigned.
- Perform the obligations and signature duties required by the elected office stated in the Corporate Authority resolutions
- Actively search for land available for purchase
- Build and maintain strategic relationships and a network of business contacts for avenues of possible acquisitions
- Negotiate the acquisition of properties with landowners, banks, attorneys or brokers
- Review operations and performance of the Land Acquisition Department. Works with Division President to take corrective action as deemed necessary to achieve goals
- Oversee the process of preparing the corporate acquisition submittal package including acquisition and development-related budgets, exhibits and schedules
- Partner with Director of Forward Planning throughout the entire due diligence process on land acquisition opportunities, observing time sensitive dates
- Communicate critical dates and information to other department heads
- Perform market analyses to determine financial viability of potential projects
- Physically walk the land to determine potential for special development situations, (e.g. demolition, utilities, relocations, special grading issues, abandonment, environmental, etc.)
- Submit, obtain and review environmental report to identify issues that require federal or state permits, or issues that could prevent or delay acquisition
- Keep current on area market transactions and industry trends
- Evaluate workload and establish priorities to staff
- Conducts all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company
Supervisory Responsibilities
Directly managestwo or more employees in the Operations Department. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
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