Director - Land Acquisition (Master Planned Communities) Job at Provident in Dal

Director - Land Acquisition (Master Planned Communities)

The Director of Land Acquisition plays a critical role in the strategic sourcing and acquisition of land and lots. This role involves leveraging industry experience and contacts within the real estate industry to identify, negotiate, and secure land deals. The Director will collaborate with senior management to align acquisitions with the company's growth objectives and financial goals. The ideal candidate will have a foundation of experience in land acquisition, a strong network within the real estate industry, and a proven track record of successful project execution.

Key Responsibilities:

Strategic Land Acquisition and Site Evaluation

• Source and evaluate potential land acquisition opportunities.
• Conduct thorough market analysis to underwrite prospective projects.
• Evaluate sites based on site selection criteria and complete financial analysis to determine viability and profitability.
• Analyze markets and current land positions to identify gaps and concentrations for future land acquisitions.

Negotiation and Due Diligence:

• Initiate projects by identifying parcels, negotiating with sellers, performing due diligence, and preparing LOI.
• Negotiate and prepare contracts and amendments with outside counsel.
• Facilitate projects through the entitlements process, including concept plan, preliminary plat, and final plat.
• Manage required rezoning requests, zoning variances, master planning, landscape planning, and other municipal approvals.
• Collaborate with cross-functional teams, including land development, finance, sales, and marketing, to create formal land packages for presentation to the Investment Committee.
• Establish and administer meetings as necessary with the project team, consultants, and municipalities throughout the entitlement process.

Qualifications:

• Bachelor's degree in Real Estate, Business Administration, Finance, or a related field
• Minimum of 5 years of experience in residential land acquisition
• Strong network of contacts within the Texas real estate market
• Proven track record of successful land acquisitions and project management
• Excellent negotiation, analytical, and problem-solving skills
• Ability to lead and manage cross-functional teams effectively
• Strong communication and interpersonal skills

Company Description:

Since its inception in 1991, Provident has developed over $5.5 Billion of real estate projects. We are disciplined and focused on executing deals that offer the best strategy for Provident and our investor partners. With over three decades of experience with opportunistic land development and vertical development in various key U.S. markets, our company thrives on an entrepreneurial spirit and an excellent track record of success.

Over the past 30+ years, Provident has executed a diversified real estate investment and development platform. Currently, the $2.9 billion portfolio includes product types such as multi-family, industrial, master-planned communities, hospitality, and data centers across the United States.

Under the leadership of Leon Backes and Jay Hawes, Provident is a respected, well-capitalized investment firm, that has thrived through three decades and multiple market cycles with foresight, depth of experience, and a unique ability to adapt to shifting demands, market trends, and challenging economic cycles. Provident is in constant pursuit of flexibility, innovation, and professionalism in its operations and investments. By maintaining a streamlined decision-making process, Provident is able to capitalize on fast-moving opportunities and rapidly adjust to dynamic market forces.

We offer a collaborative, entrepreneurial, and opportunistic culture.