Property Acquisition Specialist
3 weeks ago
Lennar Homes is a leading homebuilder dedicated to creating an extraordinary experience for homeowners, communities, and associates. As a Property Acquisition Specialist, you will play a crucial role in driving our business forward by sourcing, preparing, and analyzing competitive market studies and reports.
Responsibilities- Lead financial analysis for quarterly and annual Division Business Plans summarizing actual and projected financial performance.
- 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 acquisition opportunity.
- Prepare underwriting proformas and related financial documentation for each asset acquired by the Division.
- Perform asset sales pricing analysis (e.g., residual value analysis) and formulate/analyze financial deal points for each disposition opportunity.
- Recommend price/profit participation structures, price escalations/option payment schedules, interest rates, etc.
- Bachelor's Degree 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 required.
- Estimated salary: $70,000 - $90,000 per year.
- Comprehensive health insurance plans, including Medical, Dental, and Vision coverage.
- 401(k) Retirement Plan with a $1 for $1 Company Match up to 5%.
- Paid Parental Leave and an Associate Assistance Plan.
- Education Assistance Program and up to $30,000 in Adoption Assistance.
- Up to three weeks of vacation annually, alongside generous Holiday, Sick Leave, and Personal Day policies.
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