CRE -&gt; Acquisitions For Homebuilder
Anyone ever make the jump from cre to an acquisitions role at a home builder?

Just curious if anyone’s made a transition similar to this. Normally wouldn’t consider a position at a home builder, but I’ve received an offer to join the acquisitions team for North America’s leading homebuilder in their top market. 

Curious if anyone has any experience/advice in an acquisitions role similar to this?

Thank you.
[{"id": "emjp65o", "text": "Is it a land acquisition analyst position?", "replies": [{"id": "emjpg4h", "text": "Yes, it is. The team is small, but it\u2019s at a corporate HQ so I\u2019d be exposed to a lot.", "replies": [], "depth": 2}], "depth": 1}, {"id": "emlmj0t", "text": "I have been a principal in CRE and now more in home building.  Residental deals take way longer and are more complex. Cities typically negotiate more on density and requirements.   \n\nI think it's good, less competition in my very competitive market.", "replies": [{"id": "emlrctw", "text": "Can you elaborate on how resi deals are more complex?", "replies": [{"id": "emlxggd", "text": "Maybe more complex is poor choice of words.  \n\nThere are lots of moving pieces: site utilization (regular, small lot, condo map, master plan), city impact fee negotiations, product type, price point, upgrades, marketing plan, models and development schedule.   \n\nI have found the margins are higher, the risk is higher and execution is more important versus industrial or retail development.\n\nA lot of this is probably true for all types of development versus a broker who reps finished/used product.", "replies": [], "depth": 3}], "depth": 2}, {"id": "emlt6ow", "text": "Thanks for the response. That\u2019s why I\u2019m interested in this acquisition role. Fairly low competition, especially when it comes to SFH development... assuming you\u2019re at a strong company. \n\nCRE, in my market, is very crowded and dominated by a few major players.", "replies": [], "depth": 2}], "depth": 1}, {"id": "eot05oo", "text": "Assuming this is with Horton in TX then?  I\u2019ve worked in land acq for the past 7 years starting as a land analyst and now as director for a national builder.  Happy to answer any questions you may have.", "replies": [], "depth": 1}]