Job Description

SUMMARY OF POSITION: Storm Properties is a privately held, well-capitalized real estate firm with deep expertise in acquiring, entitling, and developing infill single-family, multifamily, commercial, and industrial projects. The company is seeking a Land Acquisitions Manager to identify and secure land opportunities that support its entitlement and build-for-rent development strategy. This role involves sourcing, researching, underwriting, evaluating, negotiating, and managing the acquisition of residential and multifamily sites in alignment with the company’s strategic and business objectives. The Land Acquisitions Manager will also support due diligence efforts and assist with early entitlement processes for land and multifamily development projects. This role is responsible for achieving objectives while exhibiting Storm Industries Core Values.

1. ESSENTIAL DUTIES AND RESPONSIBILITIES

Regular Functions include:

Land Acquisition :

• Sources and identifies new land acquisition opportunities through broker networks and direct outreach to landowners.
• Identifies prospective land opportunities through mapping analysis, virtual and in-person site prospecting, networking, and targeted outreach campaigns.
• Prepares competitive market analysis and financial proformas to determine the viability of proposed land acquisitions.
• Negotiates and prepares offer letters and purchase agreements and manage transactions through closing.
• Leads and coordinates due diligence efforts by evaluating zoning, entitlements, environmental reports, engineering plans, title, soils, and development costs; identifies risks and recommends mitigation strategies prior to acquisition
• Collaborates with internal teams (development, finance, and asset management) to ensure successful project transitions post-acquisition.
• Drafts investment memoranda for Real Estate Committee approval.
• Manages and updates a database of potential acquisition targets, monitoring the progress and status of each.

Entitlement

• Contributes to the “community planning” process including site planning, lot layout, landscaping, project theming, monuments, passive and active open space, etc.
• Prepares preliminary development budgets.
• Coordinates and directs the activities of external engineers, architects, and other consultants.
• Other duties as required.
• Travel within Southern California by car is required.

Periodic Functions include:

• Provides presentations as needed.

Supervisory Responsibilities:

• This role requires strong leadership skills but does not include direct supervisory responsibilities.
• May involve providing guidance and assisting in the training and development of junior team members within the land acquisition department, as needed.

MINIMUM QUALIFICATIONS

Education and/or Experience:

• Bachelor’s Degree or higher, preferably in finance, real estate, business, economics, or related field.
• A minimum of 4 years of land acquisitions, real estate development, or brokerage experience.
• Real estate finance and valuation knowledge.
• Strong mathematical skills required to perform financial analysis (IRR, ROE, Profitability, etc.).
• Existing large network of real estate professional and landowner contacts is preferred.

Required Behaviors and Competencies include:

• Demonstrates strong ethics, integrity, and dependability.
• Results-oriented and self-motivated with a positive, “can-do” attitude.
• Effective communicator, able to convey clear and concise direction both verbally and in writing.
• Strong analytical and problem-solving abilities, with the capacity to interpret technical information.
• Proven ability to manage time effectively, multitask, and adapt to changing priorities under tight deadlines.
• Collaborative team player with a strong customer focus and ability to build positive working relationships.
• Performs well under pressure in a fast-paced environment.
• Committed to maintaining a safe and compliant work environment.
• Ability to demonstrate Storm Core Values.

Professional/Technical Training and Skills include:

• Comprehensive knowledge of industry computer applications, spreadsheets, and modeling concepts.
• Able to define problems, collect data, establish facts and draw valid conclusions
• Advanced Microsoft Excel (financial modeling), PowerPoint, Word, Project
• Strong experience with internet, research and analysis.

Licenses and Certifications include:

• None

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