Description

LAND ACQUISITION ASSOCIATE

Position Summary: City Ventures is looking for a highly motivated Land Acquisition Associate. If you are a self-starter and want to procure new land acquisition opportunities for ground-up development of residential projects throughout California, then this is a great opportunity for you. The ideal applicant will have some experience, has great interpersonal skills, and can manage a variety of project tasks.  Tasks range from fostering relationships with property owners, real estate brokers and government agencies – to analyzing large sets of property data to generate new leads, work independently to identify and manage land and distressed debt acquisitions throughout Southern California. Work with the Company’s development and executive staff to initiate and maintain relationships with brokers, lenders and city development staff, monitoring city zoning amendments and RFPs, and analyze the financial viability of potential acquisitions.

Additionally, we expect that you will also participate in due diligence and project entitlement activities assigned to you at our discretion.

This role will work in the office and is a Full Time Exempt position.

About the Company: City Ventures is a real estate developer focused on repositioning underutilized real estate into residential and mixed-use housing in supply constrained coastal urban infill areas. City Ventures is a leader in sustainable construction and the pioneer of the solar all-electric home movement in California. The company owns or controls over 10,000 lots across California. City Ventures has 25 active projects throughout the Southern California area and is rapidly expanding, which offers significant professional development and growth opportunities to its employees.

Qualifications

Required Experience:

• Bachelor’s Degree is required business, urban planning, real estate development or a related field; an advanced degree is welcome but not required.
• Must have a minimum of 1 to 3 years real estate acquisition or development experience
• Strong knowledge of land use and real estate development
• Good understanding of excel and financial pro forma analysis
• Organizational skills, strong writing skills, and great interpersonal skills

Primary Duties & Responsibilities Include:

• Land acquisition research and feasibility analysis
• Scope, target, and map land opportunities to generate new leads
• Interfacing with property owners, city officials, and real estate brokers
• Proforma underwriting, negotiations, and creative problem solving

Compensation:  Salary ranges from $64,500 - $68,000 per year plus mileage reimbursement for travel during the workday (not commute). 

Benefits:

Medical, dental, vision and supplemental insurance are available. In addition, City Ventures offers FSA plans and a 401K with a 6% match. Three weeks (15 business days) PTO (Paid Time Off), Gym membership reimbursement of $40 per month, $85 cellphone reimbursement. 

EEO Statement:

City Ventures is committed to providing Equal Opportunity in Employment, to all applicants and employees regardless of, race, color, religion, gender, age, national origin, military status, veteran status, handicap, physical or mental disability, sexual orientation, gender identity, genetic information or any other characteristic protected by law.

Salary : $64,500 - $68,000