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Land Acquisition Manager
3 months ago
The Manager, High Rise Acquisitions will be primarily responsible for supporting the acquisition and management of high rise development sites. You will assist in managing the entire land acquisitions process through research, market and financial analysis, due diligence and preparation of reports for potential and ongoing land acquisition projects.
This role is located at our Empire Canada Head Office in Vaughan, ON.
What We Are Looking For:
- At least 3-5 years of high rise residential building industry experience in Land Acquisition or Development
- Post-secondary education in Economics, Business Administration, Real Estate or Planning
- Solid understanding of the housing market and associated trends and market analysis
- Advanced Excel and financial modelling skills
Bonus If You Have These Skills:
- Strong negotiation skills with the ability to prepare, interpret and present financial and statistical market analysis
- Strong analytical and researching skills, as well as basic understanding of letters of intent and agreements of purchase and sale
Why Join Empire?
Joining Empire isn’t just about finding a job; it’s about establishing a meaningful connection with the work you do. At Empire, we are redefining what it means to work in the homebuilding industry by fostering a culture of creativity and excellence. We firmly believe our employees are the cornerstone of our success, empowering us to do great work and Create Communities and Experiences That Matter.
Here are some exclusive offerings at Empire that we are really excited about – and we think you’ll appreciate too:
- Opportunity to collaborate with other skilled and visionary professionals.
- Receive exclusive discounts on Empire Homes through our Employee Home Ownership Program.
- Enjoy peace of mind with our employer paid benefits.
- Invest in your future with employer sponsored RRSP plans.
- Keep growing your career with continuing education support and opportunities for learning & development.
- Join a company that believes your time outside of work is just as important as your time inside work.
What You’ll Be Doing Each Day
- Manage the underwriting process for land acquisition opportunities, including the preparation of specific competitive market analysis studies and preparing financial proformas to present to senior management for potential acquisitions
- Determine land values in the specific submarkets by comparing like property sales by means of public records, developers, and other professional affiliates
- Support the due diligence process by completing the due diligence checklists required for investment committee applications and presentations
- Update and maintain the land pipeline reports, lot contract summary and cost analysis reports and associated exhibits
- Track and monitor significant land transactions within existing and potential market territories and review and interpret land zoning, land use ordinances and master plans
- Handle amendments and modifications to purchase and sale agreements and letters of intent
- Lead and assist senior management in assembling Investment Committee (IC) memos for corporate submittal, which includes the preparation of executive summaries, marketing summaries, area maps, aerial photos, land competitive market analysis, financial narratives and proformas
Who We Are
We are one of North America’s largest private homebuilders, with locations in Ontario, Texas, Georgia, the Carolinas, and Tennessee. Our purpose is to Create Communities & Experiences That Matter for our homeowners and each member of our team.
There is no set path at Empire; we offer you the opportunity to build your career in ways you never imagined. Your experiences at Empire will take you where you want to grow.
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Empire Communities is an inclusive employer dedicated to building a diverse workforce. We are committed to providing accommodation throughout the recruitment and selection process for any qualified applications under the respective provincial human rights codes. Please advise a member of our team if you require an accommodation to ensure your accessibility needs are accommodated. Any information received relating to accommodation will be addressed confidentially.
- Job Family Land Acquisition & Development