Land Acquisition Manager

KB Homes - Raleigh, NC

Full-time - Mid Level

Raleigh, NC

Construction of Buildings

About the position

The Manager of Land Acquisition is responsible for finding, acquiring and prioritizing land acquisitions for the division. The Manager will work directly with division senior leaders to scrutinize all property deals and find land in areas and price ranges consistent with market survey data, while optimizing the return on investment and minimizing risk to the company.

Responsibilities

• Aggressively search for land deals to place under contract.
• Build relationships with local land owners and brokers.
• Schedule meetings and work directly with the banks and equity partners if a Joint Venture is involved.
• Drive Land process to meet VC and operating margin goals.
• Under the direction of senior leaders, negotiate contracts with sellers.
• Compile and analyze data for the development of Land Committee packages.
• Participate in Corporate Land Committee discussions when needed.
• Oversee the compilation of data related to specific jurisdiction, rate orders, HOA obligations, MUD taxes and reimbursement structures, permit constraints.
• Audit KB Home's customized database for accurate information.
• Communicate discrepancies to appropriate department and oversee correction process.
• Collect and analyze data to prepare daily reports to upper management with a snapshot of all acquisitions for any given time period.
• Develop feasibility packages.
• Provide lot analyses on all communities.
• Co-manage rollout meetings and related process changes with other Land department employees and/or engineers.
• Schedule rollout meetings.
• Provide relevant information and keep the members of the Land and Operations teams appraised.
• Provide implementation strategies.

Requirements

• Bachelor's Degree in Business (Finance/Economics), Engineering, Real Estate, Planning, Government Relations or related field is required.
• Minimum four (4) years proven land experience in acquisition, contract negotiation and relationship building.
• Prior management experience preferred.
• Home building or related construction/real estate industry preferred.

Nice-to-haves

• Master's Degree preferred.
• JD Edwards database experience a plus!

Benefits

• Above average compensation packages and earnings potential.
• Full benefits.
• Outstanding 401K matching program.
• Bonus plans.
• Amazing promotional opportunities.