What are the responsibilities and job description for the Director of Land Acquisition position at Hakes Brothers?
Exciting Opportunity at Hakes Brothers!
Join us in pursuing excellence and making a difference in your career! Hakes Brothers is looking for a dynamic individual to join our team as a Director of Land Acquisition.
About Us
At Hakes Brothers, we are more than just a company; we are a values-driven community dedicated to achieving results through team unity. Our professional work culture, competitive pay, and comprehensive benefits package reflect our commitment to excellence.
Responsibilities
The Director of Land Acquisition is responsible for the department budget and performs sophisticated land use and financial analyses, participates in due diligence, including land planning, engineering, environmental, utility system, and title analysis.
- Coordinate with Sales, Purchasing, Design, Finance, and Legal to perform feasibility analysis for potential acquisitions, including the following:
- Entitlement status, final plat, and improvement plans;
- Subdivision analysis (zoning, lot fit, etc.);
- Soils and environmental reports;
- Legal and title review;
- Development status;
- Financial analysis for net margin and IRR;
- Market analysis;
- Prepare and presents feasibility reports to the Asset Management Committee.
Lot Pipeline Inventory
- Builds and maintains the lot inventory pipeline to achieve company growth goals, including the following:
- Identifying strategic acquisitions.
- Cultivating broker and land owner relationships.
- Negotiating LOIs, Pre-Ks, contracts, amendments, and other legal documentation with attorneys and land owners to process acquisitions.
- Scheduling lot takedown commitments to ensure timely closings.
- Monitoring land agreemeent ensuring all conditions and obligations of both buyer and seller are met prior to closing.
- Managing developers to ensure that lots are delivered on time.
Supervisor and Land Department Duties
- Hiring and supervising Land Department personnel.
- Providing constructive and timely performance evaluations.
- Handling discipline and termination of employees and in accordance with company protocol.
- Managing PTO and vacation days; keeping track and updating time off requests in ADP; ensuring appropriate coverage while employee is out to maintain quality, control, and speed of construction.
- Managing company relationships; cooperating with other departments, including Construction, Sales, Product Development, and Accounting.
- Building and maintaining great working relationships with key members of City and County staff.
- Establishing processes and systems to help achieve and excel business goals and objectives.
Vehicle
- Must own or have access to a vehicle for daily work.
- Must carry valid Driver's License and auto liability insurance.
Education
- Required: Bachelor's Degree in Finance, Accounting, Business, Real Estate or related field
Experience / Qualifications
- Required: At least five years' relevant experience
Incentives
- Discretionary bonus
- Paid vacation
- Discount off the sales price of a Hakes Brothers home
- 401k & Profit Sharing
- Medical, dental and vision insurance
About Hakes Brothers
Founded in 2006, Hakes Brothers is the largest homebuilder in New Mexico, passionate about professional architecture, innovative design, and high-quality construction. Join us on our journey to provide supreme value in homeownership.
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee discount
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Vision insurance
Schedule:
- Day shift
Supplemental Pay:
- Bonus opportunities
Ability to Relocate:
- Albuquerque, NM 87104: Relocate before starting work (Required)
Work Location: In person