Build To Rent (BTR) Land Development and Acquisition

Job Description

Job Description SummaryAs a BTR Land Acquisition and Development Director working for Taylor Morrison you will be responsible for understanding and executing all components of the land acquisition, entitlement planning and development processes applicable to higher-density build to rent developments. The hybrid developments include single family rental units built in a multi-family apartment-style setting. The individual will directly source and entitle land that is suitable for Taylor Morrisons defined build to rent strategy and oversee its development.

Job Details

We trust that as a BTR Land Acquisition and Development Director you will: (responsibilities)

- Utilize geographic market study data to identify submarkets that are best suited for our build to rent strategy based on our target consumers and their preferences

- Establish a network of colleagues, brokers and sellers able to bring build to rent acquisition opportunities

- Educate third party stakeholders (municipalities, brokers, land sellers etc.) regarding our build to rent footprint

- Understand residential, commercial and multi-family municipal zoning ordinances and apply as appropriate to achieve build to rent entitlement approvals

- Identify, control and purchase properties necessary to achieve established divisional build to rent forecasts and financial objectives

- Write letters of intent, negotiate land purchase contracts and review with outside counsel

- Meet with engineers, planners and government agencies to ensure proper execution of medium/high-density site plans

- Review and manage due diligence materials through feasibility periods for land acquisitions

- Review subdivision development agreements, environmental reports and soils studies as needed

- Generate financial proforma model projections for proposed communities with assistance from Finance

- Prepare asset committee land approval request submittals

- Prepare project timeline schedules for planning and development work

- Create budgets, cashflows and schedules for project acquisitions and development

- Manage the bid process for land development and amenity work

- Coordinate front-end activities with architecture, purchasing and construction to ensure timely project execution

- Keep abreast of local market land transactions for multi-family and purposed single family for rent communities

- Proactively advise the Division President and BTR leadership of potential problems and proposed solutions

- Perform other duties as assigned

What you will need: (competencies, behaviors & attributes)

- Self-starter

- Communication

- Leadership

- Multi-Task

- Negotiation

- Prioritization

- Results Oriented

About you:

- Bachelors degree in Business, Planning, Civil Engineering or Construction Management

- Five years of experience in land acquisition, entitlements and development

- Experience in multi-family or single family build to rent projects highly preferred

- Involvement with higher density zoning, entitlements and development highly preferred

- Local land market and municipal knowledge highly preferred

- Computer proficiency of Excel, Project, Word and Outlook

- Ability to anticipate possible obstacles and propose favorable solutions

- Strong work ethic and commitment to implementation and execution of BTR playbook strategy

- Concise writing and public speaking/presentation skills are desirable for reporting to internal and external customers

FLSA Status: Exempt

Will have responsibilities such as:
- Interviewing, selecting, and training employees

- Setting rates of pay and hours of work

- Appraising productivity; handling employee grievances or complaints, or disciplining employees

- Determining work techniques

- Planning the work

- Apportioning work among employees

- Determining the types of equipment to be used in performing work, or materials needed

- Planning budgets for work

- Monitoring work for legal or regulatory compliance

- Providing for safety and security of the workplace

Essential Functions:

Successful job applicants will be able to perform these functions. Reasonable accommodations will be made to enable individuals with disabilities to perform the essential functions.
- Report to Division/Corporate Office/Community daily and adhere to schedule

- Ability to oversee direct reports daily and provide guidance as needed

- Ability to access, input, and retrieve information from a computer and/or electronic device

- Ability to have face to face conversations with customers, co-workers and higher level manager

- Ability to sit or stand for long periods of time and move around work environment as needed

- Ability to operate a motor vehicle

- Comply with company policies and procedure

Physical Demands:

- Must be able to able to remain in a stationary position 50% of the time

- The ability to frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds

Job descriptions are not intended as, nor should be construed to be, exhaustive lists of all responsibilities, skills, efforts, or working conditions associated with a job. They are intended to be accurate reflections of those principal job duties and responsibilities essential for making fair pay decisions about the job.

Benefits of Working With Taylor Morrison

We are looking for dedicated professionals that share our values of putting the customer - and their needs - first. In addition to a great team atmosphere, career development and advancement opportunities, we offer full-time employees an extensive benefits package, to include:

- Competitive Compensation

- Health Care - Medical/Dental/Vision/Prescription Drug Coverage

- 401(k) with Company Matching Contributions

- Flexible Spending Accounts

- Disability Programs

- Employee & Dependent Life Insurance

- Vacation & Company Holidays

- Tuition Reimbursement

- Employee Home Purchase Rebate Program

- Home Mortgage Program

- Employee Assistance Program (EAP)

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