VP of Land Acquisition

Job Description

CLASSIFICATION: Salaried

POSITION TYPE: Full-time

EXPECTED HOURS OF WORK: Monday - Friday/8:00 am to 5:00 pm

REPORTS TO: CEO

SUMMARY/OBJECTIVE: The VP of Land Acquisition will identify, analyze, track, and negotiate land acquisition opportunities targeted throughout Northern and Southern California.

GENERAL ESSENTIAL FUNCTIONS:

• Establishes and maintains broker/seller relationships
• Develop an appropriate land purchase plan in order to achieve financial objectives
• Locates and keeps inventory on land suitable for acquisition and development
• Performs financial and risk analysis to evaluate and select properties to pursue by conducting the necessary market research and due diligence
• Determines land values in specific markets by checking property sales by means of public records, developers, and other professional affiliates
• Negotiate land purchase contracts and LOI’s
• Keeps a fluid tracker for land comp sales in Van Daele’s active markets
• Tracks/reviews critical contract dates, due diligence deadlines, and feasibility concerns during inspection periods
• Assists and coordinates as needed in the performance of due diligence investigations in cooperation with internal departments such as project management, purchasing, marketing and finance
• Visits sites as required, with close attention to edge conditions, marketing window, school quality, neighborhood characteristics, and future projects and redevelopment in target markets
• Assists in drafting and submitting Letters of Intent
• Organizes and participates in land tours as needed
• Conducts competitive and market research
• Updates/maintains market analyses, product, and pricing in each target market
• Maintains land opportunity database and conduct weekly land meetings
• Performs other duties as assigned
  
  

QUALIFICATIONS:

• Bachelor’s Degree in Business, Real Estate Development, Economics, or related field, required
• At least three to five years of experience in new home residential and/or multi-family land acquisition, required
• Is proficient in pro forma analysis in underwriting for sale, for rent, and or age qualified communities, required
• Knowledge of market trends, pricing, growth, and supply, required
• Ability to strategically implement the company’s goals by acquiring the necessary land to meet the strategic objectives, required
• Knowledge of the political environment and the ability to form political connections, required
• Valid Class C Driver’s License and a Clean DMV Record, required
  
  

TRAVEL REQUIRED: There is 25% of travel required.

TIME AND ATTENDANCE: This position requires punctuality and consistent attendance in the corporate office.

Company Description

A complete job description is available upon requesst.

Van Daele Homes is a privately owned home building company. Our management team is comprised of some of the most respected and experienced home-building professionals in the industry. Together, since 1987 we have created exceptional new home communities for more than 15,000 families.

Van Daele Homes is a company that hasn't lost its human qualities or its core values. We appreciate our employees and we strive to provide a company culture that is conducive to creativity and success along with a benefit program that helps employees maintain a healthy work-life balance.

Van Daele Homes is a privately owned home building company. Our management team is comprised of some of the most respected and experienced home-building professionals in the industry. Together, since 1987 we have created exceptional new home communities for more than 15,000 families. Van Daele Homes is a company that hasn't lost its human qualities or its core values. We appreciate our employees and we strive to provide a company culture that is conducive to creativity and success along with a benefit program that helps employees maintain a healthy work-life balance.