Land Acquisition Specialist

2 weeks ago


Carmel, Indiana, United States Lennar Homes Full time

Due Diligence Manager

About Lennar

Lennar stands as a prominent leader in the homebuilding industry, committed to delivering exceptional experiences for Homeowners, Communities, and Associates. Our mission revolves around constructing quality homes, providing outstanding customer service, and actively contributing to the communities we serve. Recognized as a Fortune 500 company, Lennar consistently ranks among the top homebuilders in the United States.

Your Role in the Organization

The Due Diligence Manager plays a pivotal role in conducting risk assessments and developing comprehensive land development budgets for the land acquisition team. This position collaborates with various departments to explore new land opportunities and oversees a team of external consultants and internal staff in preparing schedules, feasibility reports, and underwriting support for potential projects. Responsibilities may also include coordinating efforts to secure entitlements and facilitating development for new residential communities.

  • A career with a meaningful impact.
  • A career dedicated to fulfilling dreams.
  • A career focused on achieving zero defect homes, effective cost management, and strict adherence to timelines.

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 the creation of initial community entitlement documents, construction timelines, budgets, cash flow forecasts, title reports, and approval conditions.
  • Coordinate with external consultants and contractors to evaluate project construction costs, entitlement requirements, and to create detailed schedules while assessing overall development feasibility during due diligence.
  • Prepare supporting materials such as aerial photographs, 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 processes and third-party reports necessary for due diligence and ensure timely completion and evaluation of reports to meet contractual obligations.
  • Review contracts, proposals, and other documentation related to vendor studies and property development.
  • Assess development plans for new communities.
  • Conduct research and analysis on approvals, permits, zoning, engineering plans, and associated costs.
  • Evaluate land transactions and collaborate with Division Management to determine optimal land pricing and product strategies to maximize profitability.
  • Maintain organized databases and files essential for the land department's operations.

Qualifications

  • High school diploma or GED required.
  • Bachelor's degree or equivalent, preferably in engineering, construction management, economics, finance, or a related real estate discipline.
  • A minimum of five (5) years of experience in land development, project management, or land acquisition roles within residential or land development firms.
  • Proficient in Microsoft Office, particularly Excel for financial modeling, as well as PowerPoint and various Adobe platforms.
  • Valid Driver's License with a clean driving record.
  • Effective verbal and written communication skills.
  • Ability to work collaboratively within a team environment.
  • Strong research skills and capability to gather information from diverse sources promptly.
  • Proficient in multitasking and prioritizing projects while adapting to changing circumstances.
  • Self-motivated with the ability to achieve objectives with minimal supervision.
  • Detail-oriented with strong problem-solving skills to navigate complex situations.

Life at Lennar:

At Lennar, we embrace diversity and inclusion within our workforce, driving innovation and sustainable growth. We are dedicated to providing a supportive environment for our Associates, offering a comprehensive benefits package that promotes their well-being and professional development. Our Associates enjoy robust health insurance options, a 401(k) Retirement Plan with company matching, Paid Parental Leave, and an Education Assistance Program. Additionally, we provide generous vacation time, holiday leave, and unique opportunities for personal and professional growth.

Lennar is an equal opportunity employer, adhering to all applicable fair employment practices laws.



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