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Position: Senior Land Acquisitions Director - Multifamily, Orange County, California
Direct Reporting: Reports directly to SVP Development
Overall Responsibility: Identify and investigate potential multifamily development sites in the 210 Corridor, Central Los Angeles and the Westside. RECRUITER NOTE: CLIENT WANTS A CANDIDATE THAT KNOWS THE 210 CORRIDOR LIKE THE BACK OF THEIR HAND.
Key Responsibilities:
• Identify and inventory all available multifamily land, vacant and/or with improvements, on which multifamily residential development can occur under existing or future land use and zoning designations (search methodology and criteria to be defined by SVP Development). • Prepare map information identifying potential residential development sites with information regarding land area, current zoning, possible future zoning, and development constraints. Present information to SVP Development for pursuit authorization. • Prepare preliminary underwriting for review and approval by SVP Development. • Contact land owners and meet with government officials/staff to assess probability and terms to acquire and probability of development approvals, respectively. • Prepare purchase offers for review and approval by SVP Development. • Regularly update the Development Pipeline Report • Monitor and report on all multifamily development projects in pursuit, under contract, in planning, or under construction by others within areas targeted by SVP Development. • Prepare bi-weekly progress reports on all phases of land acquisition activities including, but not limited to, areas searched, potential sites, contacts/meetings completed, offers submitted, pursuit status, etc.
Qualifications: -Bachelors degree, from accredited institution, with an emphasis in real estate, finance, or planning. MBA or other advanced degree a plus. -6+ years related experience, multi-family real estate experience a plus. -Computer literate -Strong analytical, verbal and written communication skills -Professional demeanor with a strong work ethic
Salary: Call for details
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