Land Acquisition Specialist
6 days ago
Lennar Homes is one of the nation's leading homebuilders, dedicated to making an impact and creating an extraordinary experience for Homeowners, Communities, and Associates by building quality homes and providing exceptional customer service.
Job DescriptionA Land Analyst will work closely with the Vice President of Land Acquisition and Transaction Manager to source prepare competitive market analysis studies and reports, assemble financial reports and statements, help to research deal specific tasks, and provide support in preparing feasibility books, memoranda, and other documentation for corporate approval.
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 acquisition 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 purposes
- In close cooperation with other management associates, game alternative business planning scenarios leading to a recommended optimum financial plan
- Perform liaison role with Corporate Finance customers to ensure that the Division is adhering to all financial strategies and related procedures and is providing financial analysis data in a manner that ensures easy use
- Maintain market analysis database for use in project feasibility analysis
- Bachelor's Degree required in Business, Economics, Real Estate, Finance, or similar discipline
- 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
The estimated salary for this position is $80,000 - $110,000 per year, depending on experience. Lennar Homes offers a comprehensive array of benefits designed to enhance the well-being and professional growth of its Associates, including robust health insurance plans, 401(k) Retirement Plan, Paid Parental Leave, Associate Assistance Plan, Education Assistance Program, Adoption Assistance, generous Holiday, Sick Leave, and Personal Day policies, and more.
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