About HCC/CCI & Crown Community Development

Henry Crown & Company/CC Industries is a Chicago-based, privately-held company that manages business, philanthropic, and family interests on behalf of a multi-generational family. The business ventures fall into broadly-defined categories: wholly-owned operating companies, public and private equity investments, and real estate. The enterprise also supports individual and collective giving through Crown Family Philanthropies and provides traditional family office services across generations. The enterprise employs approximately 350 professionals in the areas of investment management, corporate development, financial operations, tax, research and innovation, human resources, information technologies, and legal.

Crown Community Development (CCD) is a division of HCC that focuses on the acquisition, improvement, and development of land for the benefit of residential and commercial real estate. Crown Community Development is proudly known for its passionate team, amenity-rich environments, and first-class premier residential and commercial real estate developments across the nation.

Why work for us?

We are a private enterprise with more than a 100-year legacy and track record of financial success, supporting our communities, and taking care of our employees. We plan strategically with a long-term time horizon and an integrated approach to access superior opportunities and optimize financial results. Integrity, collaboration, and dedication are cornerstones of our workplace culture that create rewarding professional experiences.
The Starting Salary Range: 25th percentile-50th percentile. Exact compensation may vary based on skills, experience, and location. To see an overview of all our benefits please go here.

Position Description

The Land Acquisition Manager is responsible for identifying and securing land acquisition and investment opportunities in Texas, with a specific focus on the San Antonio and Austin MSA’s. This role ensures the diversification, strategic positioning, and growth of CCD's portfolio while managing risk in alignment with the company’s investment plans. The Land Acquisition Manager identifies, evaluates, negotiates, and acquires assets in Texas, working closely with the CCD acquisition and underwriting team, under the direction of the Texas General Manager. The position involves ensuring thorough due diligence, successful entitlements, and adherence to development requirements and financial targets. Extensive networking, financial underwriting experience, public finance knowledge, and market analysis are critical to this role. Routine in-state travel is required, and candidate must maintain a permanent residence within close proximity to Austin or San Antonio to effectively manage regional responsibilities and cultivate strong market relationships.

Responsibilities

Strategic Investing: Implement acquisition strategies that align with the company's real estate development and investment objectives.
Target Identification: Identify and evaluate potential real estate acquisitions through market research, networking, and analysis of market trends, ensuring alignment with CCD’s strategic goals.
Due Diligence: Collaborate with the underwriting team to complete due diligence, including financial analysis, risk assessment, land evaluations, zoning review, and development cost analysis. Monitor due diligence budgets and schedules to ensure adherence to timelines and financial parameters.
Negotiations and Deal Structuring: Lead negotiations on asset acquisitions under the guidance of the Managing
Director and the Texas General Manager, ensuring favorable terms for letters of intent and purchase and sale agreements.
Collaboration: Work closely with the real estate underwriting team to ensure sound underwriting and successful entitlement outcomes.
Public Finance: Identify public finance strategies to maximize funding opportunities.
Approvals: Coordinate with the Texas General Manager to secure zoning approvals, entitlements, development agreements, and annexations, as applicable.
Closing: Support the Acquisition Coordinator throughout the closing process to ensure seamless transactions.
Reporting: Provide routine updates to the Texas General Manager and Managing Director on acquisition activities, underwriting progress, market trends, and key project milestones.
Financial Oversight: Monitor deposit payments, escrow schedules, and critical dates to ensure all transaction requirements are met in a timely manner.
Market Monitoring: Continuously monitor macro and micro market conditions, competitor activities, and regulatory changes that may impact acquisition opportunities.
Partnership Development: Build and maintain relationships with key external partners, including brokers, legal advisors, financial institutions, and public entities.
Industry Engagement: Represent the company at industry events, conferences, and networking opportunities to enhance market presence and cultivate relationships.

Qualifications

Bachelor's degree in Real Estate, Business, Finance, or a related field.
At least 5 years of experience in real estate acquisitions, focusing on development and investment.
Background in homebuilding, commercial development, or land development acquisitions.
Demonstrated success in identifying, negotiating, and closing real estate transactions.
Experience in managing acquisition strategies and obtaining entitlements.

The Starting Salary Range: $116k-$130k. Exact compensation may vary based on skills, experience, and location. To see an overview of all our benefits please go to our career portal here.

Don’t meet every single requirement? Studies have shown that women, members of the LGBTQIA+ community, individuals experiencing disability and BIPOC are less likely to apply to jobs unless they meet every single qualification. At HCC/CCI we are dedicated to building a diverse, inclusive and authentic workplace, so if you’re excited about this role but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyway. You may be just the right candidate for this or other roles.