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Lennar

Builds and sells single-family homes across the US

Land Analyst

Real Estate DevelopmentConfirmed live in the last 24 hours
Full-timeAustin, TX, USANo salary listed

About the Job

Requirements

  • A bachelor's degree in Business, Economics, Real Estate, Finance, or a similar discipline is required.
  • One to three years of related experience is preferred.
  • A basic understanding of real estate and residential land use is required.
  • Proficiency in Microsoft Excel, Word, and PowerPoint, and working knowledge of mapping applications are required.
  • Regular in-person attendance at company communities/job sites and offices during regular work hours is required.
  • Ability to work more than eight hours per day in the confined quarters of a construction trailer is required.
  • Ability to operate a motor vehicle, read plans, climb stairs and ladders, bend, stoop, reach, and lift, move, or carry equipment exceeding 50 pounds is required.
  • Occasional operation of construction equipment may be required.
  • Finger dexterity to operate a computer keyboard and calculator may be required.

Responsibilities

  • Perform a lead role in financial analysis for 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 with financial feasibility analysis for each of the Division’s acquisition opportunities.
  • Prepare underwriting pro formas and related financial documentation for each asset acquired by the Division.
  • Perform asset sales pricing analysis, including residual value analysis, and formulate and analyze financial deal points for each Division disposition opportunity.
  • Recommend price/profit participation structures, price escalations/option payment schedules, and interest rates.
  • Implement and maintain a computerized financial pro forma model for community planning purposes, rather than formal accounting and reporting.
  • Work with other management associates to develop alternative business-planning scenarios leading to a recommended optimum financial plan.
  • Liaise with Corporate Finance to ensure the Division adheres to financial strategies and procedures and provides financial analysis data in a usable manner.
  • Maintain a market analysis database for project feasibility analysis.
  • Visit sites as required to understand competitive markets and collate and analyze competitive pricing, features, costs, and related information.
  • Assist in the Greenfolder process by preparing vestacalcs and other required charts, graphs, and reports.
  • 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.

Desired Qualifications

  • Local real estate knowledge is extremely beneficial.

About the Company

Lennar

Builds and sells single-family homes across the US

Lennar builds and sells single-family homes across the United States and is one of the country's largest homebuilders by deliveries and revenue. Its Everything's Included approach builds popular features into the base price of each home instead of selling upgrades separately, which keeps its floor plans and building materials consistent. Lennar buys land, develops communities and builds homes in markets from Florida and Texas to Colorado and California. It earns most revenue from home sales and adds mortgage, title and closing fees through its financial services arm. The company was founded in 1954 as a local Miami builder and is headquartered in Miami, Florida.

Company size
10,001+
Company stage
IPO
Headquarters
Miami, FL
Founded
1954

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