What are the responsibilities and job description for the Acquisition Specialist position at Stoa Group?
The Land Acquisition Specialist plays a vital role in identifying, evaluating, and acquiring land for multifamily development projects. The role requires a collaborative mindset to work closely with the Director of Development, Director of Capital Markets and Asset Management, and Investment Committee to facilitate purchasing decisions and strategic growth initiatives.
Key Responsibilities
Market Research & Analysis:
Benefits
Stoa was established in 2017 to construct large-scale multifamily developments throughout the Gulf Coast. We are headquartered in Hammond, LA. Stoa Group develops meaningful relationships and extraordinary communities throughout Louisiana and beyond. We are a values-driven organization that views all employees as our greatest asset. At Stoa Group, we recognize the importance of investing in our employees and putting our people first. When we hire, we look for people who exemplify our core values and contribute positive energy to our culture. Stoa Group empowers our people through an employee-driven culture that delivers more than baseline benefits:
Key Responsibilities
Market Research & Analysis:
- Conduct in-depth analysis of regional and local market fundamentals to identify high potential opportunities.
- Identify new markets and monitor existing markets for development opportunities.
- Build expertise in each market to support informed decision-making.
- Maintain the site selection database and incorporate new ideas to build better data capture practices with the goal of enhancing decision making and efficiency.
- Build and maintain relationships with brokers, developers, municipalities, landowners, and other stakeholders to source development opportunities.
- Review land documentation, including surveys, flood maps, zoning ordinances, and other regulatory requirements to determine development feasibility.
- Work with Director of Development to analyze financial models and determine project viability.
- Prepare deal review packages for Investment Committee meetings.
- Negotiate land purchases, including LOI preparation and contract finalization.
- Bachelor's degree in Real Estate, Business, Finance, Urban Planning, or related field preferred.
- 0-3 years of experience in real estate acquisitions, development, finance, economics, or a related role.
- Proficiency in Microsoft Office Suite, including Excel; experience with GIS or mapping software is a plus.
- Self-starter with a curiosity-driven mindset and a commitment to continuous learning.
- Strong analytical, organizational, and problem-solving skills with a proven track record of thinking outside the box.
- Excellent presentation, communication, and interpersonal skills.
- High attention to detail and the ability to multitask in a fast-paced environment.
- This is a full-time office-based role located in Hammond, La with occasional travel to site locations, municipal meetings, and industry events.
Benefits
Stoa was established in 2017 to construct large-scale multifamily developments throughout the Gulf Coast. We are headquartered in Hammond, LA. Stoa Group develops meaningful relationships and extraordinary communities throughout Louisiana and beyond. We are a values-driven organization that views all employees as our greatest asset. At Stoa Group, we recognize the importance of investing in our employees and putting our people first. When we hire, we look for people who exemplify our core values and contribute positive energy to our culture. Stoa Group empowers our people through an employee-driven culture that delivers more than baseline benefits:
- Competitive Salaries commissions
- Retirement Plan with matching
- Paid Time Off and paid holidays
- 100% Employer-paid Health Insurance for employees
- Dental & Vision Insurance
- Employee Rental Discount
- Professional Development and Growth Opportunities