Meritage Homes Corporation

Land Acquisition Director

Job ID
2018-4832
Location
US-TX-Houston

Responsibilities

  • Identify specific acquisition opportunities that meet Division strategic goals.
  • Gather necessary information to underwrite new opportunities and identify and quantify risks.
  • Take the lead on proformas for new deals and manage proformas for controlled communities that are not yet open.
  • Manage the Land Acquisition Department responsibilities including department operations, budgets, staff development and oversight.
  • Locate, research, negotiate, purchase and oversee development of new locations.
  • Hire and supervise consultants in the research and analysis of land and lot opportunities.
  • Oversee preparation and compilation of acquisition packages.
  • Supervise the preparation of acquisition feasibility packages including recommendations, analysis, and risk mitigation measures.
  • Coordinate outside legal counsel, consultants, and internal staff in acquisition efforts.
  • Prepare and negotiate letters of intent, purchase and sale contracts and other related legal documents.
  • Direct due diligence for potential acquisitions.
  • Prepare and/or review all acquisition and sales contracts as well as easements and partnership, development and governmental agreements.
  • Review survey/title issues and other reports to determine liabilities of potential acquisitions.
  • Act as a liaison with cities in feasibility, zoning, platting and development of property.
  • Oversee resolution of entitlement problems and conditions prior to and during development.
  • Supervise land acquisition escrows, title work and closings.
  • Manage the preparation of joint development agreements (JDA's), agreements with municipalities and private utilities, CAWS, CAGRD applications and other such agreements, easements, licenses, and approvals necessary to allow a land deal to proceed.
  • Monitor financial information on each phase of development.
  • Oversee all budgeting and continually review all accounting relative to developments not yet open.

Qualifications

Education and Experience:

  • HS Diploma or equivalent required; BA/BS degree in Real Estate Marketing, Finance, Construction Management, or Civil Engineering or related field highly preferred.
  • 8+ years of related experience; strong understanding of acquisitions.
  • Local real estate knowledge strongly preferred.
  • Supporting familiarity required in reimbursement agreements, purchase and sales contracts, entitlement issues, engineering and planning, and zoning issues.
  • Strong management capabilities with experience in managing people, department operations, budget preparation and pro-forma management, and a track record of managing and growing a strong team.

Technical Skills:

  • Proficiency with Microsoft Office applications with advanced skills in Excel (running proformas, pipeline reports, and competitive analysis').
  • Ability to create and implement work plans, prepare and analyze financial statements/documents, compose letters and acquisition packages.

Overview

From the homes we build to the careers we offer, we’re about doing things that actually make a difference in your life and the way you live. Meritage Homes is a thriving company that believes in building beautiful, incredibly innovative and energy-efficient homes people adore.

 

We were the first national top 10 homebuilder to have every home we build be 100% ENERGY STAR® certified. And with more than 100,000 homes built, our focus, since day one, has been to build incredible new homes and communities in prime locations for fantastic prices. But more than anything, we build energy-efficient homes and communities for people who appreciate a home being built the way it can, and should, be built. And for the staff at Meritage Homes that make this all possible, we believe in having the same standards of quality and reward that make for an enjoyable career. 

 

When joining Meritage Homes, you and your career can benefit in a number of ways, including:

  • An entrepreneurial work environment that encourages creativity and innovative ideas from every level
  • A competitive drive to be the best
  • Pride in delivering a quality product that benefits people and the environment, superior service, and exceptional value
  • Top-notch benefits
  • The opportunity to further your career in a growing national organization
  • Team atmosphere where every individual is considered a vital asset

 

 

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