Land Acquisition Analyst

Risewell Homes. • Irving, TX

4d • Onsite

About The Position

Plays a critical role in identifying, analyzing and presenting future residential development projects for a high-growth homebuilding company.

Requirements

• Bachelor’s degree required
• 2+ years of experience in real estate or market research preferred
• Knowledge of the homebuilding and land brokerage industry preferred
• Expert analytical and financial skillsets
• Strong MS Office skills including Excel modeling and Word, Google Earth Pro
• Strong market research capability
• Team player/Cross functional collaborator
• Excellent verbal and written communication skills.
• Must be detail-oriented and organized.
• Must be driven, independent, and results-oriented.
• Excellent problem-solving skills and eagerness to learn.
• A valid driver’s license and active vehicle insurance is required at all times.
• Candidates must be authorized to work in the United States.

Nice To Haves

• MBA or MRED preferred

Responsibilities

• Assist the Land Acquisition team in the preparation of competitive market analysis and financial proformas to determine the viability of proposed land acquisitions.
• Collect data on available residential land compatible with the company's strategic plan.
• Maintain a land database of land purchases as well as existing and future opportunities.
• Extract & analyze data from a variety of sources like the MLS, company databases, Metrostudy, LandVision, Zonda, and other external websites.
• Review and analyze due diligence information for potential investments.
• Work with the development and project management team to determine budgets and schedules to be used in proformas.
• Coordinate with multiple departments to understand internal costs and assumptions to be used in proformas.
• Prepare offer letters under the deal structure guidance of Land Acquisition management.
• Assist with preparation of pre-acquisition Investment Memorandum and related support material.
• Overall project document control, including correspondence, purchase orders, invoices and supporting documentation.
• With the market priorities defined by Land Acquisition leadership, actively research, analyze, and identify potential land acquisition targets by utilizing mapping and market data software.
• Maintain a database that identifies each target and tracks the current status of each.
• Conduct land opportunity analysis to include entitlements, site planning, proforma development and market research.
• Prepare financial modeling (proforma) and related financial sensitivities.
• Perform data analysis and review financial models to identify trends and improve underwriting accuracy.
• Continually refine data visualization and graphing skills to create more effective deliverables.
• Structure and prepare Letters of Intent.
• Oversee all closing documents and funds transfer requirements for escrow closings.

Benefits

• Competitive health insurance coverage for team members and their dependents
• Generous paid time off policies, like vacation, holidays, sick leave, jury duty, and bereavement
• Paid disability, parental and military leave
• Company-sponsored and voluntary term life, AD&D, and short- and long-term disability insurances
• A 401(k) retirement plan with employer matching
• A wellness incentive program

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level