Director Of Land Acquisitions And Development
CurrentResponsible for the planning, direction and timely execution of development projects in the Washington DC metropolitan area for a national homebuilding firm, serving as land acquisition and project development manager. Personal accomplishments include:· Property Acquisition: Identified potential opportunities for new development through market research and performed financial modeling to determine the viability of development projects. Assisted in negotiations with landowners and provided direction and guidance to attorneys during preparation of purchase agreements and other legal documents.· Financial Modeling: Performed all financial modeling, developing project-specific financial proformas which accounted for a wide range of different development scenarios.· Underwriting and Due Diligence: Directed analyses for properties/land assemblages under contract to determine lot yield, market conditions, geo-technical, environmental and wetlands constraints, utility availability, development costs and project build-out schedules. Prepared detailed underwriting packages summarizing the results of this analysis to present the land acquisition opportunity to corporate leadership for funding approval. Funding requests were typically in the range of $10M to $50M per project. · Planning/Zoning: Oversaw all rezonings and legislative approvals, negotiating with county staff and other public agencies to secure most favorable conditions of approval and gaining the support of elected officials, planning commissioners and community members. · Subdivision/Site Plan Approvals: Directed engineering efforts to secure jurisdictional and other public agency approval of all plans and permits necessary for development.