Land Acquisition Risk Manager

1 week ago

Vancouver, Washington, United States Lennar Mortgage Full time

Welcome to Lennar Mortgage:

As a leading entity in the homebuilding industry, Lennar Mortgage is dedicated to constructing high-quality homes that cater to diverse family needs across the nation. Our legacy since 1954 reflects our commitment to building communities that embrace all lifestyles.

Our Vision:

At Lennar, we believe in inclusivity and diversity within our workforce, which drives innovation and sustainable growth. Our core values of Quality, Value, and Integrity guide our interactions with customers, associates, and the communities we serve.

Position Overview - Due Diligence Manager:

The Due Diligence Manager plays a pivotal role in conducting risk assessments and formulating comprehensive land development budgets for the land acquisition team. This position involves collaboration with various departments to explore new land opportunities. The manager will oversee a team of external consultants and internal staff in preparing schedules, feasibility reports, and supporting the underwriting of potential projects. Additionally, the role may include assisting in obtaining necessary entitlements and development for new residential communities.

Key Responsibilities:

  • Oversee due diligence processes for prospective land acquisitions, including feasibility studies, budget preparation, entitlement schedules, risk evaluations, and title assessments.
  • Take ownership of developing initial community entitlement documents, construction timelines, budgets, cash flow forecasts, title reports, and project objectives.
  • Coordinate with external consultants and contractors to evaluate project costs, entitlement requirements, and to create detailed schedules, ensuring thorough evaluation of development feasibility.
  • Prepare essential collateral materials such as aerial imagery, maps, and exhibits.
  • Collaborate with various consultants, including architects, engineers, and environmental specialists, to accurately assess costs, risks, and timelines during the due diligence phase.
  • Engage with state and federal agencies to understand obligations and impacts related to the project.
  • Manage third-party reports required for due diligence, ensuring timely completion and evaluation in accordance with contractual obligations.
  • Review contracts, proposals, and other documentation related to property studies and development.
  • Analyze development plans for new communities and assess approvals, permits, zoning, and associated costs.
  • Evaluate land transactions and collaborate with management to determine optimal pricing strategies.
  • Maintain organized databases and documentation within the land department.

Qualifications:

  • High school diploma or GED required; Bachelor's degree preferred.
  • A minimum of five years of experience in land development, project management, or land acquisition within residential or consulting firms.
  • Proficient in Microsoft Office, particularly Excel for financial modeling, and familiar with various Adobe platforms.
  • Valid Driver's License and good driving record required.
  • Strong communication skills, both verbal and written.
  • Ability to work collaboratively within a team environment.
  • Excellent research skills and the ability to compile information from diverse sources promptly.
  • Capable of managing multiple projects and adapting to shifting priorities.
  • Self-motivated with a strong attention to detail and problem-solving capabilities.

Physical Requirements:

This position primarily involves sedentary office work, with occasional requirements to bend, stoop, reach, and lift office materials weighing up to 25 pounds. Proficiency in using a computer keyboard and other office equipment is necessary.

Compensation & Benefits Overview:

The expected base salary for this position ranges from $78,000 to $123,814 annually, subject to adjustments based on qualifications and other business-related factors. This role may also be eligible for bonuses and commissions, along with comprehensive benefits in accordance with company policies.

Lennar Mortgage is an equal opportunity employer, committed to fostering a diverse and inclusive workplace.

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