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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-timeCrown Point, IN, USANo salary listed

About the Job

Requirements

  • A bachelor's degree in Business, Economics, Real Estate, Finance, or a similar discipline is required.
  • Three to five years of related experience is preferred.
  • A basic understanding of real estate and residential land use is required.
  • Local real estate knowledge is beneficial.
  • Proficiency in Microsoft Excel, Word, and PowerPoint, and working knowledge of mapping applications are required.
  • The role requires detail orientation, critical and logical thinking, problem-solving, and strong interpersonal, written, and verbal communication skills.
  • Regular in-person attendance at company communities/job sites and offices during regular work hours is essential.
  • The role requires the ability to work more than eight hours per day in a construction trailer; operate a motor vehicle; read plans; climb stairs and ladders; bend, stoop, reach, lift, move, or carry equipment over 50 pounds; and occasionally operate construction equipment. Finger dexterity may be required to use a computer keyboard and calculator.

Responsibilities

  • 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 support preparation of feasibility books (“Green Books”), memoranda, and other documentation for corporate approval.
  • Perform a lead role in the 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, 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 Division 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 Division disposition opportunities.
  • Recommend price/profit participation structures, price escalations and option payment schedules, and interest rates.
  • Implement and maintain a computerized financial pro forma model for community planning purposes, as distinct from formal accounting and reporting.
  • Work with management associates to evaluate alternative business planning scenarios and develop a recommended 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 collect and analyze competitive pricing, features, costs, and related information.
  • Assist in the Greenfolder process by preparing vestacalcs, charts, graphs, and reports as required.
  • Formulate budgets for assigned programs and projects and administer related vendor contracts, change orders, check requests, and invoices.
  • Prepare and periodically update annual objectives, budgets, and schedules.

Desired Qualifications

  • Three to five years of related experience.
  • Local real estate knowledge.

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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