Land Acquisition Manager-FG

Forestar Group - Greenville, SC

Full-time - Mid Level

Greenville, SC

251-500 employees

Real Estate

About the position

Forestar Group Inc. is a residential lot development company dedicated to creating desirable communities for homebuilders in both established locations and long-term growth markets. The company aims to be the nation's leading residential lot developer, supported by its strategic partnership with D.R. Horton, the largest homebuilder in the country. This collaboration enhances Forestar's vision of developing neighborhoods that improve the quality of life for community residents while generating value for shareholders, trade partners, and employees. The Land Acquisition Manager will play a crucial role in the Operations department, overseeing the Land Acquisition Department. The primary responsibilities include identifying, placing under contract, obtaining governmental approvals, and closing on new land that aligns with the division's objectives. The ideal candidate will be responsible for planning, directing, and coordinating all land acquisition activities, ensuring that potential acquisitions meet the strategic goals of the division. In this role, the manager will conduct thorough due diligence on land acquisition opportunities, collaborating closely with internal design and land development teams. They will also manage the entitlement processes for land acquisitions, monitor development phases post-closing, and maintain oversight of the departmental budget. The position requires strong negotiation skills to acquire properties from landowners, attorneys, or brokers, as well as the ability to prepare land valuation analyses and corporate budgets. The Land Acquisition Manager will also be responsible for maintaining professional and ethical business practices to enhance the company's goodwill and profitability.

Responsibilities

• 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 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
• Conduct all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company

Requirements

• Fifth year college or university program certificate
• Seven to ten years related experience and/or training or equivalent combination of education and experience
• Must have a vehicle and valid driver's license

Nice-to-haves

• Strong Communication Skills
• Creative thinking and attention to detail

Benefits

• Medical, Vision and Dental
• 401(K)
• Employee Stock Purchase Plan
• Flex Spending Accounts
• Life Insurance
• Vacation, Sick, Personal Time and Company Holidays