What are the responsibilities and job description for the Aro Homes Acquisitions Manager position at ADDA Infusion?
Who we are
Aro Homes is a thriving, purpose-driven company on a mission to redefine residential construction. Aro Homes was founded to create well designed, precision engineered homes that are beautiful, livable, and durable, while being built multiple times faster and having a positive impact on the environment.
We are a diverse and experienced group of passionate and curious designers, builders, engineers, product developers, and businesspeople who are passionate about and committed to delivering on our mission. We’ve demonstrated there is a massive opportunity to reduce waste and improve sustainability while building homes in a fraction of the time it takes traditionally. We utilize a repeatable, multi-disciplinary, and product-driven approach which is unique in the industry. We are funded by world-class investors who care about transforming industries for the better, including Eric Schmidt’s Innovation Endeavors. If you share the desire to leave a lasting positive impact on the world and to join a strong culture of intelligent, passionate people, then let’s start a conversation.
What you will be responsible for
We are looking for a results-driven Acquisition Manager to lead our land acquisition efforts for single-family residential development projects. This role will involve sourcing properties, building out a pipeline and negotiating contracts to support the company’s growth in the single-family housing market. The ideal candidate will have strong real estate expertise, market analysis skills, and a proven ability to negotiate complex deals.
Duties and Responsibilities:
- Property Identification and Evaluation:
- Source on market and off market property opportunities that are in line with the company's vision for growth and expansion.
- Build out a healthy and ongoing pipeline of available properties.
- Collaborate with the local Real Estate brokerage community to build awareness and presence.
- Work closely with the Acquisition Analyst to Vet Properties that align with the company’s strategic goals for single-family residential development.
- Conduct thorough market research to assess land value, zoning, and market demand.
- Negotiation & Contract Management:
- Negotiate purchase agreements for new properties/land.
- Manage all contractual elements, ensuring favorable terms and compliance with company objectives.
- Market Research & Feasibility:
- Analyze market trends, demographic data, and regulatory requirements to determine the viability of potential projects.
- Prepare detailed feasibility studies and site evaluations to support decision-making.
- Financial Modeling & Reporting:
- Develop financial models, budgets, and proformas for potential acquisitions.
- Present acquisition proposals and recommendations to senior management.
- Stakeholder Collaboration:
- Work closely with internal teams, including development, construction, finance, and legal, to ensure smooth transitions from acquisition to project development.
- Build and maintain strong relationships with brokers, landowners, developers, and government officials.
Qualifications and Skills
- Bachelor’s degree in Real Estate, Business, Urban Planning, or a related field (MBA preferred).
- 5 years of experience in land acquisition or real estate development, preferably in single-family residential construction.
- Strong knowledge of zoning laws, land use regulations, and market trends in residential real estate.
- Skilled in identifying and evaluating new market opportunities to support strategic growth objectives.
- Expertise in conducting market research, demographic analysis, and competitive benchmarking to guide entry and expansion decisions.
- Advanced capabilities in developing short- and long-term financial forecasts to support decision-making and strategic planning.
- Skilled in creating detailed property proformas to evaluate acquisition and development opportunities.
- Proficient in assessing project viability, including cost analysis, cash flow projections, and return on investment (ROI).
- Strong knowledge of financial metrics such as Net Operating Income (NOI), cap rates, and internal rate of return (IRR).
- Expertise in utilizing data-driven models to anticipate market trends and mitigate financial risks.
- Demonstrated ability to refine projections based on evolving market conditions and internal performance metrics.
- Effective at collaborating with cross-functional teams, including construction, sales, and finance, to align acquisition strategies with operational goals.
- Exceptional presentation and communication skills to articulate financial insights and strategic recommendations to stakeholders.
- Adept at fostering relationships with external partners, such as brokers, developers, and local government agencies.
- Experienced in identifying and securing high-potential acquisition targets that align with company growth strategies.
- Adept at negotiating terms, contracts, and financing options to maximize value and minimize risk.
- Strong understanding of zoning, permitting, and regulatory considerations for residential projects.
- Demonstrated ability to manage complex negotiations and close land deals.
- Excellent analytical, organizational, and project management skills.
- Strong interpersonal and communication skills with the ability to build lasting relationships.
- Proficiency with CRM and project tracking tools and systems – e.g. Salesforce, NetSuite, MSFT Project etc.
- Strong analytical capabilities and demonstrated facility with data models, analysis, and reporting.
- Licensed California Broker/Agent a plus.
- Prior Managerial Experience is a plus.
- Entitlement and Construction experience a plus.
What we offer
- Opportunity to join an outstanding start-up team and grow a company from the ground up.
- Competitive salary package.
- Medical/dental/vision benefits.
- Equity in the company.
At Aro Homes, we are focused on building a diverse and inclusive workforce. We are an equal opportunity employer, and we do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. If you have a disability or special need that requires accommodation to fill out an application, please do not hesitate to let us know at people@aro.homes. If you’re excited about this role, but do not meet 100% of the qualifications listed above, we encourage you to apply.
Salary : $115,000 - $130,000