Land Acquisition Associate

Bring your experience in land acquisition, real estate development, etc and join our client - a Fortune 500 Residential developer/builder who has been the leader in their industry for 20+ years.Highlights: Financial Stability: A bullet-proof balance sheet, strong liquidity (cash stores), and low leverage (debt) allow for this builder to weather macroeconomic uncertainties better than competitors.Multi-brand strategy: Serving all major buyer groups – entry, first time, move up, luxury, active adult and BTR increasing number of deals this land acq team can consider.Established Development Partner: Support of National Development firm will aid in being able to go after unique and complicated land deals or land assemblages.What you’ll do: Find, place under contract, receive governmental approval, and close on new land assets, this includes undeveloped land + developed lots.Work with property owners, brokers, land developers, city officials and others to secure land.Responsibilities: Generate land acquisition opportunities through a network of industry contacts including major developers and landowners in the greater Indianapolis area.Receive and provide initial response plan for all new leads from outside sourcesPerform Title and municipal research and initial “cold call” inquiry for potential land leadsComplete financial analysis of potential acquisitions, including specific market research to substantiate proforma pricing.Provide all pertinent property description information, seller demands, terms, conditions and contact information to managementPrepare letters of intentMaintain close relationships with land developers, brokers, and landownersUnderwrite and analyze the financial aspects of each development opportunityCommunicate regularly with city officialsNegotiate purchase contracts with sellersPrepare memoranda and other documentation and analytics for corporate approval for land buysWhat you’ll need: Bachelor’s Degree required5+ years of experience acquiring land for ground-up construction projects (residential preferred)Extensive experience sourcing and negotiating land deals from inception to closing, with the ability to independently source deals through off-market opportunities, broker relationships, and field researchKnowledge of the Indiana land markets to include experience developing relationships with local landowners, brokers, civic officials, zoning officials, engineering community, etc would be a strong benefitWorking knowledge of zoning and land use practices, development standards, and utility solutions