K. Hovnanian Companies - Phoenix, AZ

posted 12 days ago

Full-time - Senior
Phoenix, AZ
Construction of Buildings

About the position

K. Hovnanian is celebrating 60 years of quality and leadership in the home building and community development industry. Do you want to play a large role in those every day decisions that help build dream homes? It's the homes where people will raise their child, form their most important memories, plot the course for their future, spend quality time with their grandchildren or enjoy quiet times reflecting on a life full of accomplishments. Over 300,000 families have put their dreams in our hands, and you can as well. The VP of Land Strategy and Acquisition will partner with the Divisions in leveraging their corporate capital allocations by sourcing land deals that align with the company land light strategy. This role will lead the way in seeking out deal structure alternatives such as developed lot deals with 3rd parties, land banking opportunities, and potential joint ventures with capital partners. The deal structures will permit the Division to take on additional communities while still being within their capital allocation allowing them to maximize profitability along with their return on investment. Overall objective is ensuring Division's are growing their land pipeline by sourcing deals while leveraging their allocated capital with land light partners to minimize risk while maximizing returns and profitability.

Responsibilities

  • Partner with Divisions to leverage corporate capital allocations.
  • Source land deals that align with the company's land light strategy.
  • Seek out deal structure alternatives such as developed lot deals with 3rd parties.
  • Identify land banking opportunities and potential joint ventures with capital partners.
  • Ensure Divisions grow their land pipeline by sourcing deals.
  • Maximize profitability and return on investment while minimizing risk.

Requirements

  • Master's degree and 5-10 years of related experience and/or training; or equivalent combination of education and experience.
  • Analytical skills with excellent communication skills.
  • Effective negotiating and listening skills.
  • Must maintain a valid driver's license.

Benefits

  • Medical/dental/vision coverage
  • Discounts on mortgages and home appliances
  • 401(k) plan
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