Land Acquisition Associate at Hakes Brothers LCNM, LLC

Albuquerque, New Mexico, United States -

Full Time

Start Date

Immediate

Expiry Date

23 Sep, 26

Salary

0.0

Posted On

25 Jun, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Land Use Analysis, Financial Analysis, Due Diligence, Zoning Analysis, Title Review, Market Analysis, Contract Negotiation, Feasibility Reporting, CMA Preparation, Subdivision Compliance, Relationship Management, IRR Calculation

Industry

Real Estate

Description

The Land Acquisition Associate will assist in performing sophisticated land use and financial analysis, and participates in due diligence, including land planning, engineering, environmental, utility systems, and title analysis. Feasibility Reports * Coordinates with Sales, Purchasing, Design, Finance, and Legal to perform feasibility analysis for potential acquisitions, including the following: * Soils and environmental reports. * Subdivision analysis, zoning, lot fit, etc. * Legal and title review. * Entitlement status, final plat, and improvement plans. * Development status. * Financial analysis for net margin and IRR. * Market analysis. * Feasibility reports for submission to the Asset Management Committee. Lot Inventory Pipeline * Builds and maintains the lot inventory by identifying strategic acquisitions. * Cultivates broker and landowner relationships. * Negotiates LOIs, Pre-Ks, contracts, amendments, and other legal documentation with attorneys and landowners to process acquisitions. * Schedules current lot takedown commitments to ensure timely closings. * Monitors land agreements to ensure all conditions and obligations of both buyer and seller are met prior to closing. * Analyzes new opportunities including the preparation of CMAs, identifies potential opportunities or issues, and performs financial analyses. * Tracks competitor locations, product offerings, price points, and acquisition costs. * Tracks current zoning, ownership, and availability for vacant or underutilized land parcels by sourcing and analyzing public and private data sources. Subdivision Compliance * Reviews subdivisions for compliance with development standards as specified in approved subdivision improvement plans and purchase agreements. * Coordinates with developers to complete outstanding work. Professional Appearance / Team Player * Always present yourself as a land industry professional in appearance, dress, and communication. * Help accomplish whatever task is at hand to ensure that Hakes Brothers continues to be an industry leader. Be a LEADER. * Lead by example for fellow co-workers. * Be a positive representative of the company. Vehicle * Must own or have access to a vehicle for daily work. * Must carry a valid driver's license and auto liability insurance. Other * Other duties as assigned. Education * Required: High School diploma or GED * Preferred: Bachelor's Degree in Finance, Accounting, Business, Real Estate, or a related field Experience / Qualifications * Required: At least two years of relevant experience * Required: Must own or have access to a vehicle for daily work * Required: Valid driver's license and auto liability insurance Incentives & Benefits * Discretionary bonus * Paid vacation * 401k with match & profit sharing * Benefits (medical, dental, vision, life insurance) * Employee discount on a Hakes Brothers home Physical Requirements * Prolonged periods sitting at a desk and working on a computer * Must be able to access and navigate all areas under consideration in all types of weather * Ability to work in various weather conditions — heat, rain, cold, etc.

Responsibilities

The Land Acquisition Associate performs land use and financial analysis to identify and secure strategic acquisitions. They coordinate with various departments to conduct due diligence and manage the lot inventory pipeline through landowner negotiations.