Land Acquisition Associate

Hakes Brothers LCNM, LLC•Albuquerque, NM

1d•Onsite

About The Position

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.

Requirements

High School diploma or GED
At least two years of relevant experience
Must own or have access to a vehicle for daily work
Valid driver's license and auto liability insurance

Nice To Haves

Bachelor's Degree in Finance, Accounting, Business, Real Estate, or a related field

Responsibilities

Coordinates with Sales, Purchasing, Design, Finance, and Legal to perform feasibility analysis for potential acquisitions, including soils and environmental reports, subdivision analysis, zoning, lot fit, legal and title review, entitlement status, final plat, and improvement plans, development status, financial analysis for net margin and IRR, market analysis, and feasibility reports for submission to the Asset Management Committee.
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.
Reviews subdivisions for compliance with development standards as specified in approved subdivision improvement plans and purchase agreements.
Coordinates with developers to complete outstanding work.
Presents oneself as a land industry professional in appearance, dress, and communication.
Helps accomplish any task at hand to ensure that Hakes Brothers continues to be an industry leader.
Leads by example for fellow co-workers.
Acts as a positive representative of the company.
Other duties as assigned.