Land Acquisitions Analyst

Lennar•Sacramento, CA

2d•$72,907 - $97,209•Onsite

About The Position

Lennar is a leading homebuilder dedicated to making an impact and creating an extraordinary experience for their Homeowners, Communities, and Associates. They focus on building quality homes, providing exceptional customer service, giving back to communities, and fostering a culture of opportunity and growth for their Associates. Lennar is a Fortune 500® company and a top homebuilder in the United States. This role is for a Land Analyst who will work closely with the Vice President of Land Acquisition and Land Transaction Manager to source and prepare competitive market analysis studies and reports, assemble financial reports and statements, research deal-specific tasks, and provide support in preparing feasibility books (“Green Books”), memoranda, and other documentation for corporate approval. The Land Analyst will report to the Roseville, CA office and is expected to work 5 days a week in the office.

Requirements

Bachelor’s Degree required in Business, Economics, Real Estate, Finance, or similar discipline required.
Basic understanding of real estate and residential land use.
Highly Proficient in Microsoft Excel, Word, and PowerPoint and working knowledge of mapping applications required.
Detail oriented with a strong acumen for critical, logical thinking and problem-solving.
Excellent interpersonal, written, and verbal communication skills.

Nice To Haves

3-5 years of related experience preferred.
Local real estate knowledge extremely beneficial.

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 acquisitions 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 (versus formal accounting and reporting) purposes.
In close cooperation with other management associates, “game” alternative business planning scenarios leading to a recommended “optimum” financial plan.
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.
Maintain market analysis database for use in project feasibility analysis.
Understand competitive market by visiting sites as required and collate and analyze competitive pricing, features, costs, etc.
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, budgets, and schedules.