Vice President of Land Acquisition
Position Title: Vice President of Land Acquisition Division/location: Las Vegas, NV
Since our founding in 2002, we’ve become one of the top 10 public homebuilders in the U.S. In 2018, we were ranked 61st among the Fortune 100 Fastest-Growing Companies, and we’ve been the fastest-growing public builder for three years in a row. Over the years, our organization has grown to include two homebuilding brands—operating as Century Communities and Century Complete—along with mortgage and insurance services through Inspire Home Loans and Parkway Title.
At Century Communities, our family of companies is driven by one simple objective: A Home For Every Dream™. As part of that mission, we’re dedicated to providing you with every opportunity for growth and success as you build a thriving career. That’s because we know that building, financing and insuring beautiful new homes for our buyers is only possible with the best talent in the industry.
Our excellent benefits package includes medical, dental, vision, 401(k) with employer match, vacation and sick leave. We also offer competitive salaries with the potential for discretionary bonuses and/or commission structure (depending on the position).
If you’re a passionate self-starter, changemaker and thoughtful collaborator ready to take their career to the next level, we’d love to hear from you!
Position Summary: The Vice President of Land Acquisition is responsible for identifying, researching, underwriting, investigating, qualifying, and managing the purchasing of land and lots.
Essential Functions and Responsibilities:
- Network and manage relationships with brokers, developers, engineers, planners, municipalities, and landowners for new acquisition opportunities
- Perform preliminary due diligence and underwriting to determine viability of each deal
- Manage the Land Acquisition Analyst(s) and Project Manager(s) to perform all necessary Land Acquisition Functions including, but not limited to, Proforma Analysis, Market Research, Comparable Sales studies, Site Planning, general due diligence and submission of Asset Management Committee packages for approval
- Manage the Land Pipeline for current and future deals
- Monthly/quarterly land reporting to corporate office including lot counts, new projects under LOI/Contract, etc.
- Negotiate purchase price and terms of all land contracts
- Review all LOI’s and contracts
- Work with legal to address any and all legal issues that arise during the contract and feasibility process
- Perform other duties as needed or assigned.
- Manage all entitlements personnel and entitlement projects throughout the process
- Manage the land entitlement/forward planning of all company projects and land in the Company portfolio
- Coordinate the hiring and daily management of consultants for the due diligence/land development and entitlement processes of projects and CD approval process
- Coordinate all consultant interaction and work directly with various approval agencies including City and County Planning/Engineering/Zoning/Xcel/HOA Departments related to all entitlement processes and other issues that arise
- Ensure timely payment of consultant fees and accurate project budgets
- Ensure entitlement projects stay within budget
- BS in Land Use Planning, Civil Engineering, Public Administration, Business Administration, or Real Estate, Land Development, or equivalent combination of education and experience
- 7+ years in land acquisition, development and entitlement of mass planned communities, land planning/management, land development, or related activities
- Knowledge of real estate entitlement requirements and process
- Experience conducting real estate market research and complex financial analysis, including the development of project pro forma’s.
- Experience in public administration to facilitate the acquisition of information concerning real estate values, planning proposals, and government initiatives.
- Experience overseeing the preparation of acquisition feasibility packages, including product recommendations, site-budget analysis, and risk mitigation measures.
- Strong interpersonal and organizational skills including the ability to interact successfully with local officials, community leaders, staff, and the public, to organize and facilitate meetings and events, and to conduct negotiations, find common ground and develop consensus among disparate interests.
- Strong written and verbal communication skills, including the ability to make public presentations to large and small groups, and research and draft media and public education materials.
- Ability to design and supervise land planning and/or construction projects such as roads, water and sewer utilities, and storm water drainage