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Land Acquisition Manager

Company: The RIO Group
Location: Jacksonville
Posted on: December 5, 2019

Job Description:

Land Acquisition Manager Jacksonville, FL
Bring your expertise in real estate acquisitions, land brokering, community development, etc and join our client - the fastest-growing publicly traded residential real estate development company in the country!

  • Stable / Bullish Capital Source: Surge of capital in 2019 that will 10x their national development pipeline, mainly through self-financing deals + an established partnership with a major national homebuilder.
  • Major Growth Ahead: On track to become the largest (#1) publicly traded residential real estate developer in the USA.
  • Not a Massive Corporation: Smaller company feel with a flatter org chat and an involved C-Suite.
  • Secure Capital and Diverse Clients: Direct access to an 8-digit line of capital for FL acquisitions + clients spanning entry-level through luxury will allow for heavy deal acceptance and less passing or dropping.
    What you'll do:
    • Manage the Land Acquisition Department and will find, place under contract, receive governmental approval, and close on new land that meets the division's needs.
      • Plan, direct and coordinate all land acquisition activities
      • Identify and qualify potential land acquisitions in alignment with division goals
      • Manage the due diligence process on land acquisition opportunities, including initial master planning work in close coordination with internal design and land development teams
      • Manage, coordinate resources for, and meet all entitlement needs for land acquisitions
      • Monitor development phases and entitlement processes post-closing
      • Maintain responsibility for developing a departmental overhead budget and controlling the budget
      • Manage the land/lot purchase contract process with division counsel, outside counsel, and region counsel
      • Collaborate with the Land Development Department on potential development communities
      • Develop business community relationships and scout other avenues for possible acquisitions
      • Negotiate the acquisition of properties with landowners, attorneys or brokers
      • Prepare land valuation analysis and corporate budgets
      • Prepare memoranda and other documentation and analytics for corporate approval for land buys
        What you'll need:
        • 6+ years of experience acquiring land for a residential product or similar is required
        • Bachelor's Degree is required
        • Knowledge of the West Florida land market to include experience developing relationships and presenting to local landowners, civic officials, zoning officials, etc is highly preferred
        • Experience using proformas extensively, taking land deals through an entitlement process, building a rough budget and timeline of a land project, using a financial model, etc are all highly preferred

Keywords: The RIO Group, Jacksonville , Land Acquisition Manager, Executive , Jacksonville, Florida

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