The Collier Companies is seeking a Director of Land Acquisition to join our team!
The Director of Land Acquisition is responsible for leading the Land Acquisition Department, negotiating land acquisitions forprofitable (100 bps+ spread between Dev Yield & Cap Rate) 300+ Apartment Homes Class A Luxury multifamily developments, in low tax, low regulation states, procuring entitlements, due diligence, project level financial analysis, and overall management of the land acquisition process from LOI to closing. The Director of Land Acquisition is expected to successfully collaborate with Team Members and manage multifaceted tasks for multiple projects with short deadlines.
The Director of Land Acquisition reports directly to the Executive Vice President of Development.
This role will report out of Florida, which offers beautiful natural areas, a temperate climate, and tremendous educational, cultural, and commercial opportunities.
Perks - The Good Stuff:
The Collier Companies 401k match is 100% of your contribution up to 10% of your gross income.
Up to 24 days off during your first year with annual increase!
Stylish TCC logo attire provided.
Comprehensive medical, dental & vision insurance.
Group & supplemental life insurance policy options.
Reimbursement accounts & prepaid legal services.
Career growth opportunities.
Industry education opportunities.
Your Skills - Show Us What You Got:
The Director of Land Acquisition is responsible for finding, sourcing, acquiring, and prioritizing land acquisitions for the company
Pursue, negotiate, and underwrite new multifamily development opportunities through existing network of Land Sellers, Land Developers, and Land Brokers
Act as the primary point of contact between The Collier Companies and Sellers
Prepare Investment Memos and present acquisition opportunities to the Investment Committee
Prepare Letters of Intent and negotiate land acquisition opportunities with Sellers
Participate in drafting and negotiating Purchase and Sale Agreements and Amendments
Review closing documents and oversee the closing process for Development
Review Title and correct any deficiencies
Manage external land acquisition team of engineers, attorneys, planners, and surveyors
Prepare and submit design documents and Land Use Applications to the authority having jurisdiction
Attend Public hearings as needed
Prepare and maintain initial project budgets and prepare/update monthly development reports
Prepare and maintain project level financial projections and analyses
Prepare and maintain data on select markets and comp sets
Manage acquisition meetings
Participate in Development meetings
Expand TCC's existing network of Land Sellers, Land Developers, and Land Brokers
Expand TCC's network of land use consultants and professionals
Provide leadership, mentoring, and directly manage two or more employees
Preferred Qualifications:
Bachelor's degree in Business, Finance, Real Estate, or other related field is preferred for this position.
MBA, MSRE, JD or Master's Degree with applicable concentrations preferred
Five years of experience in real estate development and multifamily land acquisitions with a firm background in land planning, zoning, land use law, and deal underwriting
Demonstrated history of leadership
Our Culture - How We're Different:
The Collier Companies is a fast-growing company that fosters a professional attitude and a strong team spirit. We are committed to training our teams well, honoring their achievements, and promoting from within. The Team Members who work here are outgoing, caring, and proud of what they do.
At The Collier Companies, we recognize TEAM MEMBERS for being the foundation of our success.
Our mission is PROUDLY MAKING YOUR HOME THE HEART OF OUR BUSINESS.
We are good STEWARDS to each other, believe in collaboration and support one another to achieve our mission.
We PRIDE ourselves on the principles taught in "The 7 Habits of Highly Effective People", written by Stephen Covey.
The Collier Companies Team Members are committed to CANI (Constant & Never-Ending Improvement) & to utilizing our I&R (Initiative & Resourcefulness) to find solutions that are BOTH E&E (Efficient & Effective) that we implement via IIT (I Intend To ____)
We are committed to ONGOING LEARNING - At The Collier Companies & sponsor Book Clubs that support growth.
GROWTH - We have a goal to double in size within the coming decade! Our team members have a FIRE IN THE BELLY and hold the torch with a BURNING SENSE OF URGENCY!
We bring STABILITY into the marketplace and to our residents with a PERPETUAL HOLD strategy. This benefits our human capital, finances, and customer experience.
ROOTED - We are a privately owned group that's been in business since the 1970's and the world's largest privately owned student housing company and growing multi-family apartment organization!
At The Collier Companies, it's all about people. Our Residents depend on us to be observant, interested in their lives, and quick to respond to their needs. We enjoy working with them and with each other. Every day is different: rewarding, challenging, and fun. When someone rents at the Collier Companies; they are entrusting us with providing their Home, something fundamental to their emotional, spiritual, and physical well-being and we consider that both a wonderful Honor and a significant Duty that we are passionate about. We ask all that join us to commit to doing likewise.
PROUDLY MAKING YOUR HOME THE HEART OF OUR BUSINESS
Background checks are an employment requirement. Upon submission of your application, you will be invited to complete our candidate assessment.
These are required steps in the hiring process.
The Collier Companies is an Equal Opportunity Employer.