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Land Acquisition Manager

Company: KB Home
Location: Missouri City
Posted on: April 8, 2021

Job Description:

About KB Home KB Home (NYSE: KBH) is one of the largest and most recognized homebuilders in the United States and has been building quality homes for over 60 years. Today, KB Home operates in 38 markets across eight states, serving a wide array of buyer groups. What sets us apart is giving our customers the ability to personalize their homes from homesites and floor plans to cabinets and countertops, at a price that fits their needs. And as the first builder ever to make every home we build ENERGY STAR-- certified, KB Home is able to not only design thoughtful living spaces but ones that lower the cost of homeownership. We also work with our customers every step of the way, building strong personal relationships so they have a real partner in the homebuying process and the experience is as simple and easy as possible. Job Summary: The Manager of Land Acquisition is responsible for finding, acquiring and prioritizing land acquisitions for the division. The Manager will work directly with division senior leaders to scrutinize all property deals and find land in areas and price ranges consistent with market survey data, while optimizing the return on investment and minimizing risk to the company.

Reports To: VP of Land Acquisition/Planning, SVP of Land Acq/Planning

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Land Search & Acquisition:
Aggressively search for land deals to place under contract
Build relationships with local land owners and brokers
Schedule meetings and work directly with the banks and equity partners if a Joint Venture is involved
Drive Land process to meet growth, operating margin and internal rate of return goals
Under the direction of senior leaders, negotiate contracts with sellers
To support the land acquisition process, will build strong internal relationships with Sales, Purchasing, Construction, Customer Service, Marketing, Daily Units Processing and Mortgage Land Committee:
Compile and analyze data for the development of Land Committee packages
Participate in Corporate Land Committee discussions when needed Data Collection:
Oversee the compilation of data related to specific jurisdiction, rate orders, HOA obligations, MUD taxes and reimbursement structures, permit constraints
Facilitate due diligence process through feasibility phase with engineers and consultants to complete preliminary development plans and costs, geotechnical and applicable environmental reports
Audit KB Home's customized database for accurate information
Communicate discrepancies to appropriate department and oversee correction process Reports:
Collect and analyze data to prepare daily reports to upper management with a snapshot of all acquisitions for any given time period
Develop feasibility packages
Provide lot analyses on all communities Rollout Process:
Co-manage rollout meetings and related process changes with other Land department employees and/or engineers
Schedule rollout meetings
Provide relevant information and keep the members of the Land and Operations teams appraised
Provide implementation strategies
EDUCATION/EXPERIENCE/MINIMUM REQUIREMENTS:

Education:
Bachelor's Degree in Business, Finance/Economics, Engineering, Real Estate, Planning, Government Relations or related field is required
Master's Degree preferred

Experience:
Minimum four (4) years proven land experience in acquisition, contract negotiation and relationship building
Prior management experience preferred
Home building or related construction/real estate industry preferred, preferably with 2+ years in the Houston market

Knowledge, Skills & Abilities:
Source land and lot deals
Financial underwriting of projects
Competitive Market Analyses of projects
Management and facilitation of attorneys, engineers and consultants for planning and technical due diligence in managing and mitigating project risk
Understands market and industry trends
Demonstrated leadership capabilities including motivating teams, employee development, and being results oriented
Ability to connect with people, and develop and maintain professional relationships
Proven ability of being customer centric by seeking solutions from the customer's perspective
Strong verbal & written communication, with the ability to take complex concepts and communicate accurately and persuasively
Proven ability to lead and execute effective training sessions or conduct strong oral presentations
Strong ability to work within a team-setting, inclusive of other's ideas, and a willingness to cooperate
Makes quick and accurate decisions based heavily on facts, data and/or metrics
Proficient in Microsoft applications, including Word, Excel, PowerPoint and Outlook
JD Edwards database experience a plus Work Requirements:
Work 8-hour days with flexibility for additional work hours when necessary
Conduct business in a professional and ethical manner to potential buyers, trade partners, and coworkers to reinforce goodwill and profitability for the company

Find out why KB Home is attracting and retaining the best employees! If you are interested and qualified, please apply now. KB Home provides above average compensation packages and earnings potential, full benefits, an outstanding 401K matching program, bonus plans and amazing promotional opportunities. KB Home is an equal opportunity employer committed to hiring a diverse work team. Diversity is important to KB Home! PandoLogic.Category: Real Estate, Keywords: Land Acquisition Manager

Keywords: KB Home, Missouri City , Land Acquisition Manager, Executive , Missouri City, Texas

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