Land Acquisition Analyst

Lennar

The Role

Overview

Analyze land acquisition financials, feasibility, and market data for homebuilding projects

Key Responsibilities

  • proforma model
  • feasibility analysis
  • cash flow
  • budgeting
  • market database
  • pricing strategy

Tasks

-Prepare underwriting proformas and related financial documentation for each asset acquired by Division -Assist in financial feasibility analysis for each of the Division’s acquisitions opportunities -Maintain market analysis database for use in project feasibility analysis -Assist in Greenfolder process by preparation of vestacalcs, and other charts, graphs and reports as required -Formulate budgets for assigned programs/projects and administer related vendor contracts, change orders, check requests and invoices. Prepare and periodically update annual objectives, budges, and scheduled -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 -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 -Perform liaisons role with our Corporate Finance “customers” to ensure that the Division is adhering to all financial strategies and related procedures and is providing financial analysis date in a manner that ensures easy use -Implement and maintain a computerized financial proforma model for community planning (versus formal accounting and reporting) purposes. -Recommend price/profit participation structures, price escalations/option payment schedules, interest rates, etc. -Perform asset sales pricing analysis (e.g., residual value analysis) and formulate/analyze financial deal points for each of the Division’s disposition opportunities

Requirements

  • problem solving
  • real estate
  • 3-5 years
  • communication
  • bachelor’s degree
  • excel

What You Bring

-Detail oriented with a strong acumen for critical, logical thinking and problem-solving. -Basic understanding of real estate and residential land use. -3-5 years of related experience preferred. -Excellent interpersonal, written, and verbal communication skills. -Understand competitive market by visiting sites as required and collate and analyze competitive pricing, features, costs, etc. -Bachelor’s Degree required in Business, Economics, Real Estate, Finance, or similar discipline required. -Highly Proficient in Microsoft Excel, Word, and PowerPoint and working knowledge of mapping applications required. -Local real estate knowledge extremely beneficial.

Benefits

-In close cooperation with other management associates, “game” alternative business planning scenarios leading to a recommended “optimum” financial plan

The Company

About Lennar

-Known for its focus on affordability and quality. -Builds homes in a wide range of communities from first-time homebuyers to luxury estates. -Integrates technology into homes, offering smart home solutions for modern living. -Notable projects include large-scale suburban communities and mixed-use developments, focusing on sustainability and convenience. -History includes several notable acquisitions, expanding its capacity to build homes nationwide. -Continues to innovate with a focus on reducing construction costs and increasing home energy efficiency. -Specializes in land development, mortgage services, and title insurance, creating a comprehensive approach to homebuilding.

Sector Specialisms

Residential

Commercial

Homebuilding

Multifamily

Mortgage Financing

Title Insurance

Real Estate Settlement

Land Development

Single-family Housing

Attached Housing

Detached Housing