Land Acquisition Specialist
4 weeks ago
Empowering Your Career
At Lennar Homes, we are committed to fostering a supportive and enriching environment for our Associates, offering a comprehensive array of benefits designed to enhance their well-being and professional growth. Our Associates have access to robust health insurance plans, including Medical, Dental, and Vision coverage, ensuring their health needs are well taken care of. Our 401(k) Retirement Plan, complete with a $1 for $1 Company Match up to 5%, helps secure their financial future, while Paid Parental Leave and an Associate Assistance Plan provide essential support during life's critical moments. To further support our Associates, we provide an Education Assistance Program and up to $30,000 in Adoption Assistance, underscoring our commitment to their diverse needs and aspirations. From the moment of hire, they can enjoy up to three weeks of vacation annually, alongside generous Holiday, Sick Leave, and Personal Day policies. Additionally, we offer a New Hire Referral Bonus Program, significant Home Purchase Discounts, and unique opportunities such as the Everyone's Included Day. At Lennar Homes, we believe in investing in our Associates, empowering them to thrive both personally and professionally.
Key Responsibilities
• Perform a lead role in the financial analysis inherent to quarterly and annual Division Business Plans summarizing actual and projected financial performance for the Division and each Division asset
• Prepare gross revenues, profit margins, sources and uses of funds and related distribution projections, cash flow forecasts, break-even analysis, cost-basis and cost-of-sales analysis, return-on-assets, and internal rate of return
• Assist in financial feasibility analysis for each of the Division's acquisitions opportunities
• Prepare underwriting proformas and related financial documentation for each asset acquired by Division
• Perform asset sales pricing analysis (e.g., residual value analysis) and formulate/analyze financial deal points for each of the Division's disposition opportunities
• Recommend price/profit participation structures, price escalations/option payment schedules, interest rates, etc.
• Implement and maintain a computerized financial proforma model for community planning (versus formal accounting and reporting) purposes.
Requirements
• Bachelor's Degree required in Business, Economics, Real Estate, Finance, or similar discipline required.
• 3-5 years of related experience preferred.
• Basic understanding of real estate and residential land use.
• Local real estate knowledge extremely beneficial.
• Highly Proficient in Microsoft Excel, Word, and PowerPoint and working knowledge of mapping applications required.
• Detail oriented with a strong acumen for critical, logical thinking and problem-solving.
• Excellent interpersonal, written, and verbal communication skills.
Physical & Office/Site Presence Requirements
Regular, in-person attendance at Company communities/job sites and offices during regular work hours is an essential function of this job. Requires the ability to work in excess of eight hours per day in the confined quarters of a construction trailer, the ability to operate a motor vehicle, read plans, climb stairs and ladders, bend, stoop, reach, lift, move and/or carry equipment which may be in excess of 50 pounds. Job may require occasional operation of construction equipment. Finger dexterity may be required to operate a computer keyboard and calculator.
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