Director of Land Acquisitions

Company:  Lennar USA
Location: Wilmington
Closing Date: 22/10/2024
Salary: £150 - £200 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

Director of Land Acquisitions in Wilmington, NC at Lennar

Lennar is one of the nation's leading homebuilders, dedicated to making an impact and creating an extraordinary experience for their Homeowners, Communities, and Associates by building quality homes and providing exceptional customer service, giving back to the communities in which we work and live in, and fostering a culture of opportunity and growth for our Associates throughout their career. Lennar has been recognized as a Fortune 500 company and consistently ranked among the top homebuilders in the United States.

A Career that Empowers You to Build Your Future

The Director of Land Acquisitions is responsible for developing awareness of types of opportunities that fit the company’s land acquisition strategies and understanding current market trends in land development and homebuilding. Oversee all Land Acquisition operations for the Division.

Your Responsibilities on the Team

  1. Monitor and coordinate potential land acquisition opportunities.
  2. Manage initial review of all potential acquisitions.
  3. Track all sites under review from initial look to contract.
  4. Track contract timelines – Earnest Money requests, end of due diligence, and for CIC submittal (keep Land Tracker and Top 10 list updated).
  5. Liaise between sub-contractors, consultants, real estate brokers, governing agencies, utility companies, and other individuals and agencies relating to the land acquisition and development department.
  6. Network with other builders and developers to maintain market awareness and develop contacts to become a strong competitor in Division’s market areas and emerging markets.
  7. Develop pipeline reports for each county within the region.
  8. Contact and meet with developers and land sellers upon manager’s request and regularly update the land pipeline tracking records.
  9. Develop a broad understanding of the market including the competition, house types/sizes, price points, and sales absorption for each county within the target regions.
  10. Compile material needed for any hearings and review boards.
  11. Work with attorney in preparation of LOIs, Contracts, and Amendments.
  12. Coordinate Land Acquisitions Contracts with brokers and attorneys.
  13. Monitor contract compliance with VPs & outside attorneys.
  14. Liaise with attorneys for the need of Amendments to keep contracts compliant.
  15. Order Earnest Money – Contract Summary and supporting material.
  16. Prepare Contract Summaries and narratives to be included in Greenbooks.
  17. Compile all Due Diligence Reports needed in Greenbooks.
  18. Coordinate on any matters related to the needs of the HOA Management companies.

Requirements

  1. 4-year College Degree in business administration, engineering, accounting, finance, or similar program required.
  2. Minimum 4 years experience in Land Acquisition, preferably with a National Homebuilder, preferably in the Charleston, SC market.
  3. Computer literacy, including word-processing, spreadsheet analysis, project scheduling, and data management software.
  4. Knowledge of sales/negotiating principles and real estate.
  5. Ability to communicate effectively and concisely, both verbally and in writing.
  6. Must exercise initiative and achieve objectives with minimal supervision.
  7. Must be detail-oriented and a problem-solver able to deal with complex situations.
  8. Valid Driver’s License and a good driving record.

Physical & Office/Site Presence Requirements:

Must be able to operate a motor vehicle. Must be able to bend, stoop, reach, lift, walk, move and/or carry equipment in excess of 20 pounds. Must have finger dexterity to operate computer keyboard and calculator.

Life at Lennar

At Lennar, we are committed to fostering a supportive and enriching environment for our Associates, offering a comprehensive array of benefits designed to enhance their well-being and professional growth. Our Associates have access to robust health insurance plans, including Medical, Dental, and Vision coverage, ensuring their health needs are well taken care of. Our 401(k) Retirement Plan, complete with a $1 for $1 Company Match up to 5%, helps secure their financial future, while Paid Parental Leave and an Associate Assistance Plan provide essential support during life's critical moments. To further support our Associates, we provide an Education Assistance Program and up to $30,000 in Adoption Assistance, underscoring our commitment to their diverse needs and aspirations. From the moment of hire, they can enjoy up to three weeks of vacation annually, alongside generous Holiday, Sick Leave, and Personal Day policies. Additionally, we offer a New Hire Referral Bonus Program, significant Home Purchase Discounts, and unique opportunities such as Everyone’s Included Day. At Lennar, we believe in investing in our Associates, empowering them to thrive both personally and professionally. Lennar Associates will have access to these benefits as outlined by Lennar’s policies and applicable plan terms.

Lennar is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws.

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