VP of Land Acquisition and Development

Dream Finders Homes•Austin, TX

About The Position

Coventry Homes is seeking a Vice President of Land Acquisition and Development to lead the division’s land strategy and support continued growth. The role oversees the full lifecycle of land opportunities, from identifying and evaluating sites through acquisition, entitlement, development, and delivery of finished lots. The VP works with division leadership and cross-functional teams to maintain a land pipeline supporting future communities, sales goals, and long-term profitability. This highly visible leadership position combines residential land acquisition, development, financial analysis, local market knowledge, and relationship building. The VP leads and develops the division’s Land Acquisition and Land Development teams, serves as a strategic partner to the Division President and leadership team, and provides recommendations on land opportunities, risks, costs, and potential returns. The role is based around opportunities in the Austin metro area, including finished-lot positions in master-planned communities.

Requirements

Bachelor’s degree in Real Estate, Business, Finance, Construction Management, Engineering, or a related discipline.
Significant progressive experience in residential land acquisition and/or land development; production homebuilding experience is preferred.
Demonstrated experience evaluating, negotiating, and closing land transactions.
Strong understanding of residential development, zoning, entitlements, permitting, and construction.
Experience managing development budgets, schedules, consultants, and contractors.
Ability to analyze land opportunities and understand development pro formas, costs, margins, and financial returns.
Previous leadership experience managing teams and multiple projects simultaneously.
Strong negotiation, communication, financial, and relationship-building skills.

Nice To Haves

Experience within the production homebuilding industry.
Established relationships in the land, development, brokerage, or residential real estate community.
Experience securing finished-lot opportunities in master-planned communities.

Responsibilities

Develop and execute a land strategy that supports the division’s short- and long-term growth plans.
Source and evaluate land opportunities in targeted markets and submarkets, including marketed and off-market opportunities.
Build relationships with landowners, brokers, developers, master-planned community developers, and other industry partners.
Assess acquisitions based on location, market demand, development costs, risk, timing, and expected financial returns.
Negotiate purchase agreements, option contracts, pricing, and other transaction terms; explore assemblages, joint ventures, land banking, option structures, and strategic purchases.
Identify land with potential value through resale or other investment opportunities.
Direct due diligence for prospective acquisitions and identify development risks early.
Oversee zoning, entitlement, permitting, and governmental approval activities, working with attorneys, engineers, consultants, municipalities, and regulatory agencies.
Evaluate density, site constraints, infrastructure needs, topography, and other factors affecting feasibility or profitability.
Develop reliable cost assumptions to support acquisition underwriting and investment decisions.
Lead projects from acquisition through development and delivery of finished lots to the homebuilding team.
Oversee development schedules, budgets, contractors, engineers, and consultants; monitor costs and schedules and address issues that could affect lot delivery or financial performance.
Ensure communities and building pads support quality and construction efficiency.
Coordinate infrastructure, community entrances, amenities, landscaping, and other development components.
Coordinate with Construction, Purchasing, Sales, Marketing, and Finance to align lot delivery with the division’s business plan.
Pursue finished-lot opportunities throughout the Austin metro area, including opportunities in high-quality master-planned communities that may not be broadly marketed.
Support near-term growth and maintain a balanced pipeline of finished lots and self-developed communities.
Lead and develop the division’s Land Acquisition and Land Development teams.
Serve as a strategic partner to the Division President and leadership team, providing clear recommendations on land opportunities, risks, costs, and returns.
Maintain relationships across the local real estate and development community and help build a sustainable pipeline of future communities and finished lots.