Land Acquisition Manager

LMS Investment Management

Birmingham, AL

Full-Time

Job Description

LMS is seeking a Land Acquisition Manager. This individual will identify, evaluate and acquire properties that competitively position the company for success. They will work collaboratively with the company’s research, investment, development and construction units to ensure the company’s pipeline of build-to-rent project in the Southeastern United States.

Key Responsibilities

Utilize our geographic information system to locate and track land development opportunities
Establish network of colleagues and brokers able to bring acquisition/divestiture opportunities as needed
Keep abreast of local market land transactions in select geographic locations
Identify and secure best prices and terms on property that conforms to divisional business plans and financial objectives
Negotiate land purchase contracts and review with outside law firm and in-house counsel
Act as a liaison in completing proformas with our investments team
Collect all pertinent data and prepare report for potential acquisitions
Inspect the site
Assist in due diligence for new land acquisitions
Meet with engineers/planners/governmental agencies
Obtain fees due at building permit & building permit/school fee increases
Review subdivision/development agreement requirements as needed
Estimate or review hard costs, soft cost and carry cost for proformas
Review environmental mitigation requirements

Qualifications

Bachelor’s degree in business or related field or 5 years of years of direct experience in land acquisition and development

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