Meritage Homes
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Responsibilities
The VP of Land Acquisition is responsible for identifying, analyzing, negotiating and acquiring new land and lots for the division in accordance with the organizational strategy and business plan.
Collaborate with Division leadership to ensure all underwriting assumptions for land acquisition (phase of zoning approval, municipal approvals, entitlements, permitting, platting, design and construction) are reasonable.
Maintain and foster relationships with key market players, and provide up-to-date data on land deals, market and sub‑market data, pro‑formas and deal status.
Create a vision and lead the Land Acquisition Department, including operations, budgets and projections of new projects to the Division President and Director of Finance.
Recruit, hire, evaluate, train, develop and retain a productive, highly engaged team.
Create an annual strategic land plan defining geographic, product and pricing goals to guide acquisition efforts and support the Company’s overall strategic plan.
Analyze markets and sub‑markets, evaluate the division’s current land positions, identify gaps and strategic areas for future acquisitions, and assess technical and financial feasibility.
Maintain knowledge of market activities, trends and opportunities; generate prospective land deals through networking with industry contacts, brokers, title companies, developers and other builders.
Oversee all potential new projects for the division, aggressively search new land parcels, negotiate with sellers, conduct due diligence and prepare Corporate Approval Packages.
Prepare letters of intent and respond to requests for qualifications in competitive bid situations.
Assist Land Development with project pro‑forma creation and refinement, determining agency fees, construction costs, site development costs, development and construction durations, absorption rates for home sales and proposed land cost.
Manage land purchases, real‑estate closings and financings, including negotiation, review and/or drafting of land banking documents.
Oversee contract review with in‑house and outside counsel, manage all negotiations and contract execution.
Review survey/title issues and other reports to determine liabilities of potential acquisitions.
Assist in presentations before municipal decision‑making bodies and other government entities.
Prepare deal summaries and land tracking reports for corporate management and Division President.
Create and foster relationships with land owners, brokers, title companies, lenders, municipalities, homebuilders and lot developers.
Manage Lot Takedown Summaries for accurate reporting of lot purchase activity.
Assist Division President / Homebuilding with developer‑related issues after Initial Closing.
Work with Division President on Balance Sheet Management by selling or renegotiating real‑estate assets.
Qualifications
Bachelor’s Degree required. MBA strongly preferred.
Degree in Business Management, Finance, Economics, Construction Science or Real Estate strongly preferred.
Seven years of real‑estate acquisition and negotiation experience, preferable in the homebuilding industry.
Strong management capabilities with experience in managing people, department operations, budgets and pro‑formas, and a track record of growing a strong team.
Strong background with financial models/analysis.
Proficient with Microsoft Windows Office Applications, including Excel, PowerPoint, Outlook and Word.
Strong budgeting and project management skills.
Ability to translate market data into community concepts.
Understanding of and ability to negotiate complex legal documents.
Strong oral/written communication, interpersonal, and customer‑service skills; ability to communicate professionally with C‑level executives, bankers, government officials, in‑house counsel and other legal representatives.
Ability to adapt, adjust and negotiate under changing circumstances and in stressful situations.
Excellent negotiation skills and tenacity to complete deals.
Experience interacting with a wide variety of internal and external contacts at all levels of authority.
Ability to manage conflict and resolve problems in a professional manner.
Team player with demonstrated ability to work within cross‑functional teams.
Sound judgment and high level of integrity, with ability to handle sensitive information and make sound decisions under pressure.
Results‑oriented, accurate, with keen attention to detail.
Self‑directed; takes initiative and works with minimal oversight.
Analytical; able to interpret information and determine root causes to achieve successful outcomes.
Organized and flexible; able to multitask, prioritize projects and meet deadlines in a fast‑paced environment.
Thrives in changing environments and maintains a positive attitude.
Overview Are you looking for an incredible career opportunity? Then Meritage Homes is the place for you! From the homes we build to the careers we offer, we are focused on delivering a Life.Built.Better.®. Meritage is committed to building energy‑efficient and affordable entry‑level and first‑move‑up homes across the US. We are looking for candidates who are excited about furthering their careers and bringing their authentic selves every day to be part of an inclusive organization. Meritage was certified a Great Place To Work for a second year in a row, and is currently ranked on Fortune’s Best Workplaces listings in the categories of Construction, Women and Parents. Meritage has delivered over 200,000 homes in its 40‑year history, and has a reputation for its distinctive style, quality construction, and award‑winning customer experience. Meritage is looking for professionals who are self‑stoppers and want to help our organization grow by providing new and innovative ideas.
When joining Meritage Homes, you and your career can benefit in several ways, including:
A work environment that encourages creativity and innovative ideas from every level
An organization that lives by its core values everyday
Team atmosphere where every individual is considered a vital asset
State‑of‑the‑art technology to provide an optimal working environment
A competitive pay structure
Strong benefits
Flexibility in work‑life integration
Team‑oriented environment where all individuals play an integral role in the company
Opportunity to further your career in a growing national organization
Maintain a competitive drive to be the best
Seniority level Executive
Employment type Full‑time
Job function Business Development and Sales
Industries Construction
Referrals increase your chances of interviewing at Meritage Homes by 2x
Sign in to set job alerts for “Vice President Acquisition” roles. Salt Lake City Metropolitan Area 18 hours ago
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Responsibilities
The VP of Land Acquisition is responsible for identifying, analyzing, negotiating and acquiring new land and lots for the division in accordance with the organizational strategy and business plan.
Collaborate with Division leadership to ensure all underwriting assumptions for land acquisition (phase of zoning approval, municipal approvals, entitlements, permitting, platting, design and construction) are reasonable.
Maintain and foster relationships with key market players, and provide up-to-date data on land deals, market and sub‑market data, pro‑formas and deal status.
Create a vision and lead the Land Acquisition Department, including operations, budgets and projections of new projects to the Division President and Director of Finance.
Recruit, hire, evaluate, train, develop and retain a productive, highly engaged team.
Create an annual strategic land plan defining geographic, product and pricing goals to guide acquisition efforts and support the Company’s overall strategic plan.
Analyze markets and sub‑markets, evaluate the division’s current land positions, identify gaps and strategic areas for future acquisitions, and assess technical and financial feasibility.
Maintain knowledge of market activities, trends and opportunities; generate prospective land deals through networking with industry contacts, brokers, title companies, developers and other builders.
Oversee all potential new projects for the division, aggressively search new land parcels, negotiate with sellers, conduct due diligence and prepare Corporate Approval Packages.
Prepare letters of intent and respond to requests for qualifications in competitive bid situations.
Assist Land Development with project pro‑forma creation and refinement, determining agency fees, construction costs, site development costs, development and construction durations, absorption rates for home sales and proposed land cost.
Manage land purchases, real‑estate closings and financings, including negotiation, review and/or drafting of land banking documents.
Oversee contract review with in‑house and outside counsel, manage all negotiations and contract execution.
Review survey/title issues and other reports to determine liabilities of potential acquisitions.
Assist in presentations before municipal decision‑making bodies and other government entities.
Prepare deal summaries and land tracking reports for corporate management and Division President.
Create and foster relationships with land owners, brokers, title companies, lenders, municipalities, homebuilders and lot developers.
Manage Lot Takedown Summaries for accurate reporting of lot purchase activity.
Assist Division President / Homebuilding with developer‑related issues after Initial Closing.
Work with Division President on Balance Sheet Management by selling or renegotiating real‑estate assets.
Qualifications
Bachelor’s Degree required. MBA strongly preferred.
Degree in Business Management, Finance, Economics, Construction Science or Real Estate strongly preferred.
Seven years of real‑estate acquisition and negotiation experience, preferable in the homebuilding industry.
Strong management capabilities with experience in managing people, department operations, budgets and pro‑formas, and a track record of growing a strong team.
Strong background with financial models/analysis.
Proficient with Microsoft Windows Office Applications, including Excel, PowerPoint, Outlook and Word.
Strong budgeting and project management skills.
Ability to translate market data into community concepts.
Understanding of and ability to negotiate complex legal documents.
Strong oral/written communication, interpersonal, and customer‑service skills; ability to communicate professionally with C‑level executives, bankers, government officials, in‑house counsel and other legal representatives.
Ability to adapt, adjust and negotiate under changing circumstances and in stressful situations.
Excellent negotiation skills and tenacity to complete deals.
Experience interacting with a wide variety of internal and external contacts at all levels of authority.
Ability to manage conflict and resolve problems in a professional manner.
Team player with demonstrated ability to work within cross‑functional teams.
Sound judgment and high level of integrity, with ability to handle sensitive information and make sound decisions under pressure.
Results‑oriented, accurate, with keen attention to detail.
Self‑directed; takes initiative and works with minimal oversight.
Analytical; able to interpret information and determine root causes to achieve successful outcomes.
Organized and flexible; able to multitask, prioritize projects and meet deadlines in a fast‑paced environment.
Thrives in changing environments and maintains a positive attitude.
Overview Are you looking for an incredible career opportunity? Then Meritage Homes is the place for you! From the homes we build to the careers we offer, we are focused on delivering a Life.Built.Better.®. Meritage is committed to building energy‑efficient and affordable entry‑level and first‑move‑up homes across the US. We are looking for candidates who are excited about furthering their careers and bringing their authentic selves every day to be part of an inclusive organization. Meritage was certified a Great Place To Work for a second year in a row, and is currently ranked on Fortune’s Best Workplaces listings in the categories of Construction, Women and Parents. Meritage has delivered over 200,000 homes in its 40‑year history, and has a reputation for its distinctive style, quality construction, and award‑winning customer experience. Meritage is looking for professionals who are self‑stoppers and want to help our organization grow by providing new and innovative ideas.
When joining Meritage Homes, you and your career can benefit in several ways, including:
A work environment that encourages creativity and innovative ideas from every level
An organization that lives by its core values everyday
Team atmosphere where every individual is considered a vital asset
State‑of‑the‑art technology to provide an optimal working environment
A competitive pay structure
Strong benefits
Flexibility in work‑life integration
Team‑oriented environment where all individuals play an integral role in the company
Opportunity to further your career in a growing national organization
Maintain a competitive drive to be the best
Seniority level Executive
Employment type Full‑time
Job function Business Development and Sales
Industries Construction
Referrals increase your chances of interviewing at Meritage Homes by 2x
Sign in to set job alerts for “Vice President Acquisition” roles. Salt Lake City Metropolitan Area 18 hours ago
#J-18808-Ljbffr