Vice President of Land Acquisition & Entitlement

About Larry H. Miller Real Estate

Larry H. Miller Real Estate (LHMRE), a portfolio company of the Larry H. Miller Company, is a vertically integrated real estate platform that engages in site acquisition and development, project and construction management, financial and capital structuring, and property and asset management. LHMRE’s development projects and assets include large-scale master-planned residential communities; commercial, industrial, and entertainment venue development and asset management; and a growing portfolio of joint ventures with leading real estate partners across the nation. The Larry H. Miller Company provides management and direction for its portfolio of well-known and high-performing companies, and always seeks to support its mission to enrich lives and its vision to be the best place in town to work and the best place in town to do business.

FLSA Exemption: Exempt, Salaried

Reports to: President of Master-Planned Communities

Primary Duties

• Responsible for the sourcing and acquisition of new land acquisition opportunities including deal negotiation, due diligence, and successful closing.
• Responsible for developing the business strategy and entitlement of the land assets with input from the planning, development, and operation teams. 
• Responsible for timely delivery of entitlements and groundbreaking of projects through a first lot or land sales.
• Leads and mentors a team of project managers in the acquisition and pre-development of land opportunities.
• Interacts with government officials and other stakeholders to coordinate and manage land entitlements.
• Prepares or oversees preparation of cash flow projections, budgets, and cost estimates; manages and oversees all cost estimating and budgeting for development projects, including soft costs, hard costs, and other development-related expenses.
• Procurement and oversight of outside consultants (attorneys, planners, architects, engineers, and others as needed).
• Reviews/approves all project-related bills and administers orderly payment procedures.
• Review and processing of change orders from contractors, vendors, and consultants.
• Manages costs against budget, and provides updates and forecasts as needed, including any change orders which may be required.
• Participates with other executive team members in strategic planning, business plan development, and project acquisition activities as needed.
• All other duties as assigned.

Experience & Skills

• 10 years of experience in senior leadership in acquiring, entitling, and developing land.
• Bachelor's degree in business or other relevant field; MBA, MRED, or other relevant graduate degree preferred.
• Strong financial and market analysis skills, land and other real estate transactions experience, and due diligence background to evaluate and justify investment opportunities.
• Experience processing large-scale zoning applications, master development agreements, and infrastructure approvals with municipalities.
• Must possess excellent communication skills and be proficient with Microsoft Office and other relevant software.
• Must possess the ability to maintain information confidentiality.
• Must be results-driven, team-oriented, and an individual/organizational capacity builder.
• Experience with leading and mentoring a team of project managers.

Physical Requirements

• This position requires frequent walking, standing, and climbing stairs in/around construction sites, apartment homes, models, and properties.
• This position requires working outdoors in all weather conditions (to include but limited to, rain, snow, heat, hail, wind, and sleet), around hazardous chemicals, dust, dirt, and other particulates.
• Must have the ability to read and comprehend large quantities of information, operate computer equipment, speak, hear, bend, stoop, reach, lift, move, and carry up to 25 lbs. independently.
• Regularly required to sit, stand, bend, reach, and move about office setting.
• To perform other duties as required.

To perform the job successfully, an individual should demonstrate the following competencies to perform the essential functions of this position.

Manage Complexity: Make sense of complex, high quantity, and sometimes contradictory information to effectively analyze situations and identify solutions. 

Collaborates: Builds partnerships and works cooperatively with others across the organization to achieve shared objectives.

Plans and Aligns: Plan and prioritize work to meet commitments aligned with organizational needs and goals. Includes ability to break down objectives into appropriate initiatives and actions while anticipating and adjusting effective contingency plans.

Instills Trust: Gains the confidence and trust of others through honesty, integrity, and authenticity by following through on commitments, keeping confidences, and showing consistency between words and actions.

Strategic Mindset: Sees ahead to future possibilities and translates them into breakthrough strategies. Achieved by anticipating future trends and implications accurately and articulating credible pictures and visions of possibilities that will create sustainable value.

Note: The need may arise to revise, supplement, or rescind portions of this job description, and Larry H. Miller Real Estate reserves the right to do so at any time. Employee shall be required to meet the qualifications and perform the duties of any revised job description.