Key Responsibilities and Required Skills for Director of Land Acquisition
💰 $120,000 - $220,000
Real EstateLand AcquisitionDevelopmentLeadershipRight-of-Way
🎯 Role Definition
The Director of Land Acquisition leads the strategy and execution of sourcing, evaluating, negotiating, and closing land and right-of-way transactions that support the organization's growth and development pipeline. This role combines market intelligence, financial analysis, stakeholder negotiation, regulatory navigation, and team leadership to secure high-quality sites at optimal terms while minimizing acquisition risk and aligning land portfolio decisions with corporate objectives.
📈 Career Progression
Typical Career Path
Entry Point From:
- Senior Land Acquisition Manager / Land Acquisition Manager
- Real Estate Development Manager / Project Development Manager
- Right-of-Way or Entitlements Manager
Advancement To:
- Vice President, Land Acquisition or Real Estate
- Head of Development / Director of Development
- Senior Real Estate Portfolio Executive
Lateral Moves:
- Director of Entitlements / Permitting
- Real Estate Portfolio Manager
- Head of Right-of-Way & Easements
Core Responsibilities
Primary Functions
- Lead the end-to-end acquisition lifecycle for strategic land purchases and easements, including deal sourcing, financial underwriting, negotiations, contract execution, closing coordination, and post-close integration to ensure alignment with development schedules and budget targets.
- Develop and execute a proactive land acquisition strategy and pipeline management process that identifies priority markets, competitive sites, and off-market opportunities; maintain an active funnel with clear stage gating and conversion metrics.
- Underwrite site economics using detailed financial models (IRR, NPV, sensitivity analyses) that incorporate acquisition costs, development entitlements, carrying costs, infrastructure requirements, and market absorption assumptions to recommend go/no-go decisions.
- Negotiate complex purchase and sale agreements, option agreements, letters of intent, easement agreements, right-of-way acquisitions, and settlement documents with property owners, brokers, municipalities, and third-party stakeholders to secure favorable commercial and legal terms.
- Manage and supervise title, survey, environmental (Phase I/II), cultural resources, utility, geotechnical, and zoning due diligence programs to identify encumbrances, development constraints, remediation needs, and cost contingencies that impact acquisition decisions.
- Coordinate entitlement, permitting, and land use approvals with internal development teams, external consultants, municipal planning departments, and community stakeholders to advance sites from acquisition through permitting and shovel-ready status.
- Build and maintain high-trust relationships with landowners, brokers, community leaders, public agencies, and industry partners to drive deal flow, resolve disputes, expedite approvals, and position the company as the preferred development partner.
- Lead negotiations and coordination for condemnation, eminent domain, and voluntary right-of-way acquisitions when required for infrastructure or public-private partnership projects, ensuring compliance with applicable statutes and fair compensation practices.
- Oversee the preparation and review of closing documents, escrow instructions, title insurance commitments, and settlement statements; liaise with legal counsel, escrow/title companies, and finance teams to ensure smooth closings and accurate accounting of acquisition costs.
- Implement robust risk management practices for acquisitions, including contract contingencies, insurance arrangements, indemnities, holdbacks, and escrowed remediation funds to protect company interests and limit post-closing liabilities.
- Manage interdisciplinary teams and external consultants (legal, surveyors, environmental, appraisers, traffic, and land use experts) across multiple simultaneous transactions to maintain deadlines, budgets, and quality standards.
- Prepare and present clear, data-driven acquisition recommendations, board materials, and investment memos to the executive team and investment committees, articulating deal rationale, returns, risks, and exit scenarios.
- Oversee landowner outreach and community engagement strategies to build local support, address neighborhood concerns, and align project outcomes with municipal goals and community benefits.
- Develop and maintain a competitively benchmarked land valuation and comp database, leveraging market intelligence, GIS mapping, tax records, and proprietary analytics to support sourcing and negotiation strategies.
- Establish and manage acquisition budgets, forecasts, and expense tracking; collaborate with finance to ensure accurate capitalization, cost allocation, and reporting across the land portfolio.
- Ensure compliance with local, state, and federal land use laws, environmental regulations, historical preservation statutes, and permitting requirements; work with legal counsel to interpret regulatory impacts on acquisitions and entitlements.
- Structure creative deal solutions such as land swaps, joint ventures, option agreements, seller financing, performance-based purchase agreements, and installment purchase contracts to close challenging transactions and improve capital efficiency.
- Drive continuous improvement in acquisition workflows, playbooks, contract templates, and approval processes; implement best practices, standard operating procedures, and technology tools (CRM, GIS, title management) to scale the acquisition function.
- Mentor, hire, and develop a high-performing land acquisition team; set performance goals, conduct regular reviews, and create professional development plans to build bench strength and succession.
- Monitor and respond to market cycles, macroeconomic indicators, zoning changes, and infrastructure investments that affect land values and acquisition timing; adapt strategy to optimize timing and selection of purchases.
- Collaborate with capital markets, legal, tax, and development operations to structure tax-efficient, finance-ready acquisitions that enable timely project funding and favorable lender underwriting.
- Track post-closing obligations and covenant compliance (access agreements, mitigation, conservation easements); manage remediation and fulfillment of seller/permit conditions to avoid project delays.
Secondary Functions
- Maintain an organized CRM of landowner and broker contacts and activity logs to support proactive outreach and deal advancement.
- Support cross-functional teams with accurate land cost inputs, schedule milestones, and risk registers to integrate acquisition status into development project plans.
- Provide ad-hoc market research and competitor intelligence to support senior leadership with strategic expansions, portfolio optimization, and M&A options.
- Participate in industry conferences, trade groups, municipal advisory committees, and public hearings to advocate for project interests and expand the company’s market presence.
- Champion technology adoption for the land acquisition function (mapping tools, deal-tracking software, data visualizations) to enhance decision-making and operational transparency.
- Assist the finance team during audits and capital raises by preparing land-site documentation, title chains, and due diligence deliverables.
- Facilitate knowledge transfer and documentation of key decisions, lessons learned, and negotiated precedents to improve future acquisition outcomes.
Required Skills & Competencies
Hard Skills (Technical)
- Advanced negotiation and deal-structuring skills for purchase agreements, option contracts, easements, and right-of-way acquisitions.
- Financial modeling and underwriting expertise for land economics: IRR, NPV, pro formas, sensitivity analyses, and scenario planning.
- Deep knowledge of title processes, chain-of-title review, title insurance, and resolving title exceptions.
- Expertise in entitlements, zoning, land-use regulations, municipal approval processes, and permitting workflows.
- Proficiency with GIS mapping, parcel analysis, and spatial data to identify site constraints and opportunities.
- Strong contract drafting and legal document review skills; ability to work with counsel on complex transactional language.
- Experience managing environmental due diligence (Phase I/II, wetlands, remediation) and interpreting environmental reports.
- Familiarity with right-of-way acquisition practices, eminent domain procedures, and applicable federal/state statutes.
- Practical experience with CRM and deal-tracking software (e.g., Salesforce), project management tools, and Microsoft Excel (advanced functions).
- Budgeting and capital planning skills; experience coordinating with finance for capitalization and cost allocation.
- Ability to analyze tax and title implications, including working knowledge of tax parcels, assessments, and potential abatements.
- Experience running community engagement processes, public hearings, and stakeholder outreach programs.
Soft Skills
- Strategic thinker with a bias for execution and ability to translate market intelligence into actionable acquisition plans.
- Exceptional influence and persuasion skills; comfortable negotiating with owners, elected officials, and institutional stakeholders.
- Strong leadership and people-management capabilities; experience leading multidisciplinary teams and outside consultants.
- Excellent written and verbal communication; adept at preparing executive summaries and presenting to boards and committees.
- High emotional intelligence and conflict-resolution skills to navigate sensitive owner relations and community opposition.
- Detail-oriented and organized, with the ability to manage multiple complex transactions under tight timelines.
- Problem-solver who is creative and pragmatic when structuring deals to overcome title, entitlement, or financing hurdles.
- Results-driven, accountable, and comfortable operating in a fast-paced, deadline-driven real estate development environment.
- Collaborative mindset with proven ability to work cross-functionally across legal, finance, planning, and construction teams.
- Ethical, compliance-focused approach with strong professional integrity and fiduciary responsibility.
Education & Experience
Educational Background
Minimum Education:
- Bachelor’s degree in Real Estate, Business, Finance, Urban Planning, Civil Engineering, or related field.
Preferred Education:
- Master’s degree in Real Estate Development (MRED), MBA, Urban Planning, or equivalent advanced credential.
- Professional certifications such as MAI, MRICS, CCIM, or right-of-way certification (RWA, RWP) are a plus.
Relevant Fields of Study:
- Real Estate Development
- Finance / Business Administration
- Urban Planning / Land Use
- Civil Engineering / Environmental Science
Experience Requirements
Typical Experience Range:
- 8–15+ years of progressively responsible experience in land acquisition, real estate development, right-of-way, or related areas with a track record of closing complex transactions.
Preferred:
- Prior leadership experience managing land acquisition teams and cross-functional portfolios, with direct experience in entitlement coordination, large-scale site acquisitions, public-private partnerships, and multi-million-dollar deal negotiation.