Director, Land Acquisition

Brookfield Properties•Dallas, TX

1d•Onsite

About The Position

Brookfield Residential, a leading North American land developer and homebuilder for over 65 years, is seeking a Director, Land Acquisition for its Dallas-Fort Worth market. The company's goal is to create the best places to call home, developing award-winning communities and well-designed homes. As part of Brookfield, a global alternative asset manager, they focus on innovation, sustainability, and reimagining real estate. The Director, Land Acquisition will lead sourcing, underwriting, negotiation, and execution of land acquisition opportunities, partnering with executive leadership to drive strategy and oversee due diligence, financial analysis, and deal execution.

Requirements

10-12 years of experience in Land Acquisition, Project Management and/or Forward Planning.
Bachelor’s degree in business, engineering, urban planning or others.
Excellent communication and analytical skills both verbal and written.
Financial modeling and analysis experience.
Strong organizational skills in thought and process.
Highest level of accuracy and precision; highly organized.
Extremely proficient in Microsoft Word, Excel, Power Point & Project.
Willingness to work through short and unexpected deadlines.
Ability to prioritize and manage multiple projects under tight deadlines.
Excellent ability to handle sensitive information.
Previous experience working with senior leadership, executive management and other management levels.
Strategic thought process with the ability to connect abstract concepts to identify business opportunities.
Possess a strong attention to detail; accomplish tasks by considering all areas involved and bear the larger picture in mind.
Flexible and adaptable to rapid change.

Responsibilities

Oversees and manages financial analysis of development and investment opportunities, including the creation of detailed pro-forma and financial models.
Oversees detailed proforma assumptions to support modeling accuracy and quarterly business plan updates.
Review and/or prepare competitive market analysis with pricing graphs and resale analysis.
Responsible for Screening Memo and IC presentations to executive leadership.
Coordinate with Investments Team.
Oversees critical Issues list compilation based on a thorough review of all diligence documents.
Lead the comprehensive feasibility analysis with documented findings.
Oversees the preparation of operational goals for the Department.
Directs activities that have significant impact to the achievement of results inclusive of Business Plan and Strategic Plan Updates.
Focus is on execution of annual strategic and operational plans.
Leads cross departmental project teams.
Lead negotiations with brokers, land sellers and buyers with the oversite of the VP of Land.
Prepare LOIs.
Review and provide feedback on and coordinate purchase and sale agreements and related agreements.
Oversee weekly agenda for acquisition meetings and updating of land tracker.
Research and manage/filter opportunities provided from your own research, referrals from our team, brokers, and other contacts.
Oversees creation of a database and track all land transactions.
Develop relationships with strategic third parties such as land owners, City Council members, brokers, other builders/developers.
Oversee underwriting assumptions and cash flow analysis for prospective opportunities.
Coordinate due diligence efforts; compile critical issues list, fee updates, comprehensive feasibility analysis, complete the feasibility tracker and coordinate meetings with other departments and task completion.
Manages the due diligence on acquisitions under contract, and develop documentation and recommendations on key findings that may affect the return and financial performance of the proposed deal.
Lead project post feasibility approval and during escrow period to ensure closing obligations/conditions and timelines are achieved.
This may include coordinating entitlements or other advancement of project readiness or permitting with in-house team members and outside consultants.
Oversees land closings with Escrow/Title for acquisitions and dispositions.