Acquisition Project Manager
|Category:||Financial : Real Estate|
Position Project Manager ‐ Acquisitions & Entitlement
Company Confidential Client
Location Denver, CO
Reporting Relationship Vice President of Acquisitions & Entitlement
The company is a land developer and homebuilder in North America which entitles and develops land to create master planned communities, and builds and sells lots to third-party developers as well as their own home building division.
The company also participates in select, strategic real estate opportunities including infill projects, mixed use developments, and joint ventures. It controls over 100,000 lots and operates in the following markets: Calgary, Edmonton, Toronto, Austin, Denver, Los Angeles, Sacramento, San Francisco, San Diego, and the Washington D.C. area.
The primary goal of Acquisitions & Entitlement is to fulfill the Business Group’s Five‐Year Business Plan as it relates to raw land acquisitions, lot sales and finished lot sales to third party builders. The team is responsible for the strategic placement of the company’s acquisition dollars and the development of new business opportunities for the company’s production, land, and infill development.
1. Assist in sales and management of third party builder lot sales
2. Seek raw ground, platted lot and finished lot land acquisitions
3. Assist in ongoing community management and design review
4. Forward Planning, collaborate with Architecture and Land Department for product development and community planning
5. Special Projects
Specific Job Responsibilities:
1. Third Party Builder Lot Sales
Coordinate with builders to inform on upcoming closings in existing communities. Meet with new builders to introduce communities. Investigate, track and coordinate lot closings by monitoring job opening schedules, purchase agreements, meeting with land team and making site visits. Develop and update sales offering packages, identify desired format, content, and determine ability to perform offering packages in house or contract out.
2. Land Acquisition
Seek out finished / platted lots / raw ground in suburban and urban infill markets. Actively seek new projects by researching and visiting properties as well as discussing opportunities amongst fellow builders, developers, engineers, architects, planners, etc. Research potential properties to determine viability for the company’s product and its ability to meet Business Plan. Utilize online/app resources to collect market and property information for Market Reports. Run financial model to determine if the project can meet and exceed established housing margins and land profit. Create executive summaries for distribution amongst the various parties. Assist with Letter of Intent and Purchase and Sale Agreement processes. Manage development schedules in coordination with Business Plan. Coordinate entitlement processes with consultants and municipalities.
3. HOA/Metro Districts
Coordinate with HOA managers, District managers and District board members regarding design review processes and approvals for Custom Homes, New Construction Third Party Builders and Homeowner improvements. This includes the development and review of new design guidelines and community covenants, development and coordination of review processes with District managers and local jurisdictions when applicable, review, approval and filing of approved plans, general confirmation of guidelines, covenants and code in approval process.
4. Forward Planning
Community lot planning: Review and coordinate community conceptual plans. Determine layout suitability for jurisdiction approval, consistency with business plan, and suitability for the company’s or third-party builder product.
Community Identity: Assist in development of community Design Guidelines.
5. Special Projects
Examples include tenant improvement project management for retail building, project management for new construction of community buildings such as recreation centers.
The individual in this role would have strong personal and multi‐tasking skills. This person will proactively face challenges while being committed to providing all internal and external customers with excellent service and product. The capacity for maintaining an elevated level of ethics and integrity in all dealings is a must. Handling multiple tasks with simultaneous deadlines and demonstrating good judgment and decision‐making skills are necessities for this position.
EDUCATION AND SKILLS
• Bachelor’s Degree in Planning, Engineering, Architecture or similar. Additional finance experience is a plus.
• 3‐5 years of related experience and/or training.
• Homebuilding experience preferred.
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