Job Title:
Director of Land Development & Aquisition

Company: Doug Parr Homes

Location: fort worth, TX

Created: 2024-05-04

Job Type: Full Time

Job Description:

Come and join our growing team in the northwest area of DFW! We are a Christian based home building company that takes great pride in our family centered culture.The Director of Land Acquisition & Development shall be responsible for the overall planning, execution, and delivery of the company's residential land strategy within its local market. Additionally, the Director of Land will collaborate with the company's leadership team to ensure all underwriting planning for land acquisition including, but not limited to entitlement processes, zoning approval, municipal approvals, permitting, platting, design, yield, construction necessary to deliver land and lots suitable for vertical construction.Major Responsibilities and Activitieso Create an overall vision and plan for acquiring, new land and as well as finished lots.o Create an annual strategic land plan defining geographic, product and pricing goals to guide acquisitionefforts and support the Company's strategic plan.o Analyze markets and sub-markets and the company's current land position in order to identify gaps, areasof opportunity for future land acquisitions including technical and financial feasibility of potential projects. o Maintain knowledge of market activities, trends and opportunities and generate prospective land dealsthrough networking with industry and local contacts, brokers, title companies, developers, other builders,land sellers, and others.o Oversee all potential new projects for the company, including aggressively searching for new land parcels,negotiation with sellers, due diligence, and preparation of Corporate Approval Package.o Prepare letters of intent and respond to requests for qualifications in a competitive bid situation.o Develop project "pro-forma" creation and refinement, including determining current fees, constructioncosts, site development costs, development and construction durations, absorption rates for home sales,and proposed land cost.o Review surveytitle issues and other reports to determine liabilities of potential acquisitions.o Lead the process to obtain necessary entitlements and approvals and handle presentations beforemunicipal decision-making bodies and other government entitieso Responsible for the preparation of deal summaries and land tracking report for corporate management. o Create and foster relationships with landowners, land brokers, title companies, lenders, municipalities,other homebuilders, and lot developers.Responsible for development of land to finished lotso Manage the Lot Takedown Summaries for accurate reporting of lot purchase activity.Qualifications o Bachelor's Degree required with a major in Business Management, Finance, Economics, Construction Science, Urban Planning or Real Estate preferred. MBA strongly preferredo Minimum of Seven (7) years of Real Estate acquisition and negotiation experience, preferably in the homebuilding industry o Strong management capabilities with experience in managing people, department operations, budgets and pro-formas, and a track record of managing and growing a strong teamo Proficient with expertise Microsoft Windows Office Applications, including Excel, PowerPoint,Outlook, and Wordo Strong background with financial modelsanalysiso Strong budgeting and project management skillso Ability to translate market data into community conceptso Understanding of and ability to negotiate complex legal documentso Ability to forge meaningful and productive relationships and serve as the face to the organizationwith C-level executives, bankers, government agenciesofficials, in-house counsel, and other legalrepresentativeso Ability to adapt, adjust and negotiate under changing circumstances and in stressful situations o Excellent negotiation skills and tenacity to complete dealso Results-oriented, accurate, with keen attention to detailo Self-directed; takes initiative, proactively addresses problems; can work with minimal oversight o Thrives in changing environment and maintains a positive attitudeIf you are looking to be a part of an incredible team with an employee centric focus, then Doug Parr Homes is the place for you! We want the best of the best to join our team and help us reach our goals. We strive to provide the absolute best work environment imaginable and won't stop at anything less than exceptional.These responsibilities are the minimum performance requirements for these positions. It is customary and expected in the home building business that these might require change over time. The ideal candidate will embrace the necessary change and conformity required and pursue an attitude of diligence to get the job done.