Position Summary:
Plays a critical role in identifying, analyzing and presenting future residential development projects for a high-growth homebuilding company.
Responsibilities:
Strategic Market Analysis:
- 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.
Acquisition Analysis and Financial Modeling:
- 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.
Key Qualifications:
- Bachelor’s degree required; MBA or MRED preferred
- 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.
Benefits:
In addition to competitive health insurance coverage for team members and their dependents, Risewell Homes also provides comprehensive benefits such as 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; and a wellness incentive program to help team members thrive both personally and professionally.
Physical Requirements:
This is primarily a sedentary position. Requires the ability to hear, type and talk. Finger dexterity is required to operate a computer keyboard. The primary work location is a corporate office with low to moderate noise levels. Appropriate business apparel and professional appearance are expected.
The physical demands and work environment characteristics described are representative of those that must be met by an employee to successfully perform the essential functions of the position. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
Supervisory Responsibilities:
This position does not supervise other employees.
Travel Requirements:
A valid driver’s license and active vehicle insurance is required at all times.
FLSA Classification: Exempt
Disclaimer:
Risewell Homes is an equal opportunity employer. Candidates must be authorized to work in the United States. The statements above are intended to describe the general nature and level of work being performed by individuals assigned to this role. Management retains the discretion to add, modify, or remove job duties at any time.