What are the responsibilities and job description for the Land Acquisition Manager position at Veev, By Lennar?
Veev is leading the way in the transformation of the construction industry with an innovative approach to modular home construction. Veev’s prefabricated closed panel systems allow homes to be assembled efficiently on site while delivering both a more sustainable and higher quality final product than traditional construction. As a subsidiary of Lennar, Veev is leveraging the strength and scale of its parent company while maintaining the speed and disruptive approach from its roots as a Silicon Valley based startup. Veev has developed a vertically integrated approach that involves multi-disciplinary collaboration across real estate, design, development, engineering, manufacturing, and construction.
The Role
The Manager of Land Acquisition is a strategic leader responsible for identifying, evaluating, and acquiring investment opportunities that align with the company’s growth objectives. This role requires a deep understanding of real estate markets, strong negotiation skills, and the ability to lead a team in executing complex land deals. The Manager of Land Acquisition will work closely with senior management, legal teams, and external stakeholders to ensure all acquisitions meet the company’s financial and strategic goals.
Responsibilities
Strategic Planning:
Education: Bachelor’s degree in Real Estate, Business, Finance, Urban Planning, or a related field. A Master’s degree is preferred.
Experience: Minimum of 4-7 years of experience in land acquisition, real estate development, or a related field.
Skills
Pursuant to state and local pay disclosure requirements, the pay range for this role, with final offer amount dependent on skills, education, experience, and location is $110,000 - $153,000 annually for Hayward, CA and surrounding areas.
Benefits Highlights
The Role
The Manager of Land Acquisition is a strategic leader responsible for identifying, evaluating, and acquiring investment opportunities that align with the company’s growth objectives. This role requires a deep understanding of real estate markets, strong negotiation skills, and the ability to lead a team in executing complex land deals. The Manager of Land Acquisition will work closely with senior management, legal teams, and external stakeholders to ensure all acquisitions meet the company’s financial and strategic goals.
Responsibilities
Strategic Planning:
- Develop and implement land acquisition strategies in alignment with the company's growth objectives.
- Identify target markets and regions for potential land acquisitions.
- Analyze market trends, demographic data, and economic conditions to inform decision-making.
- Identify strategic partners and opportunities for the building of Veev’s homes, including SB9 partnerships, Joint Ventures, or build on homesite opportunities.
- Identify and evaluate potential opportunities for acquisition.
- Negotiate purchase agreements, ensuring favorable terms and compliance with company policies.
- Oversee the due diligence process, including environmental assessments, zoning analysis, legal considerations and Veev logistical requirements.
- Coordinate with consultants for support of due diligence and preliminary design of homesite (civil engineer, geotechnical consultant, landscape architect, etc.)
- Build and maintain relationships with landowners, developers, brokers, and local authorities.
- Collaborate with internal teams, including finance, legal, and development, to ensure smooth transaction processes.
- Present acquisition opportunities and recommendations to the senior management and investment committee.
- Prepare and manage budgets for land acquisition projects.
- Conduct financial modeling and analysis to assess the viability of potential acquisitions.
- Identify anticipated costs and exit values of completed homes, including comparative market analysis.
- Ensure that all acquisitions are within budget and deliver expected returns on investment.
Education: Bachelor’s degree in Real Estate, Business, Finance, Urban Planning, or a related field. A Master’s degree is preferred.
Experience: Minimum of 4-7 years of experience in land acquisition, real estate development, or a related field.
Skills
- Strong negotiation and deal-making abilities.
- An existing broker or salesperson license is a plus.
- Excellent understanding of real estate markets, zoning laws, and land use regulations.
- Proficient in financial analysis and budgeting.
- Exceptional leadership and team management skills.
- Ability to communicate effectively with internal and external stakeholders.
- Strategic thinking and vision
- Results-driven with a focus on achieving targets
- Strong problem-solving and decision-making capabilities
- High level of integrity and ethical standards
- Adaptability and resilience in a fast-paced environment
Pursuant to state and local pay disclosure requirements, the pay range for this role, with final offer amount dependent on skills, education, experience, and location is $110,000 - $153,000 annually for Hayward, CA and surrounding areas.
Benefits Highlights
- Paid vacations, sick, and holidays
- Life insurance
- Pre-tax flexible spending accounts
- Health benefits, dental and vision insurance
Salary : $110,000 - $153,000