Land Banking Originator - Metro Houston

McKinley Homes

  • Houston, TX
  • Today

    Highlights

    This role functions similarly to an Acquisition, Development & Construction (A&D&C) Loan Originator, but focuses on builder-developer capital solutions, including land banking, lot purchase facilities, takedown structures, and related real-estate credit products. The ideal candidate has deep relationships with homebuilders, developers, land sellers, and capital partners, and possesses strong underwriting, deal-structuring, and negotiation capabilities specific to residential land and lot development.

    Numbers & Facts

    LocationHouston, TX

    Description

    Job Description

    Job Description

    Overview
    We are seeking an experienced Land Banking Originator to lead the sourcing, structuring, and execution of land banking and lot-finance transactions across the Greater Houston market. This role functions similarly to an Acquisition, Development & Construction (A&D&C) Loan Originator, but focuses on builder-developer capital solutions, including land banking, lot purchase facilities, takedown structures, and related real-estate credit products.
    The ideal candidate has deep relationships with homebuilders, developers, land sellers, and capital partners, and possesses strong underwriting, deal-structuring, and negotiation capabilities specific to residential land and lot development.


    Key Responsibilities

    Origination & Business Development
    • Source and originate land banking and lot-finance transactions with production and regional homebuilders, developers, and landowners
    • Develop and maintain a robust pipeline of off-balance-sheet lot solutions, land banking arrangements, and structured real-estate investments
    • Cultivate long-term relationships with builders, developers, brokers, attorneys, engineers, and capital partners throughout Metro Houston
    • Represent the firm at industry events, builder meetings, and land-seller presentations
    • Drive opportunities from initial outreach through signed term sheets, with consistent follow-up and disciplined pipeline management

    Transaction Structuring & Underwriting
    • Structure transactions including:
       ◦ Land banking agreements
       ◦ Lot purchase/takedown programs
       ◦ Option structures and phased takedowns
       ◦ JV-style and fee-based land capital solutions

    • Perform high-level underwriting analysis, including:
       ◦ Absorption modeling
       ◦ Lot pricing and margin analysis
       ◦ Market feasibility and submarket dynamics
       ◦ Entitlement and development risk

    • Collaborate with internal investment, legal, and asset-management teams to bring transactions from term sheet through closing

    Market Intelligence & Strategy
    • Maintain detailed knowledge of:
       ◦ Houston-area submarkets and MPCs
       ◦ Builder demand, pricing trends, and absorption
       ◦ Land supply, development costs, and entitlement timelines

    • Provide insight into competitive positioning, deal structures, and risk mitigation strategies

    Execution & Portfolio Management
    • Coordinate due diligence including title, surveys, engineering, entitlements, and development budgets
    • Support ongoing portfolio performance through builder relationship management and transaction modifications when necessary
    • Ensure compliance with internal credit standards and risk guidelines
     

    Qualifications

    Experience
    • 7+ years of experience in one or more of the following:
       ◦ A&D&C loan origination
       ◦ Land banking or lot finance
       ◦ Real estate private equity (residential focus)
       ◦ Builder finance or structured real-estate credit

    • Proven track record of originating and closing complex real-estate transactions
    • Direct experience working with homebuilders and residential developers in Texas preferred
    • Demonstrated ability to independently source, structure, and close deals in a relationship-driven market environment


    Skills & Competencies
    • Strong underwriting and financial modeling skills (Excel-based)
    • Deep understanding of residential land development economics
    • Ability to structure creative capital solutions aligned with builder needs
    • Strong negotiation, presentation, and relationship-management skills
    • High degree of independence, accountability, and market ownership


    Education
    • Bachelor’s degree in Finance, Real Estate, Business, or related field
    • MBA or advanced real-estate coursework a plus


    Compensation
    • Competitive base salary + performance-based incentive compensation
    • Incentives tied to transaction volume, profitability, and portfolio performance
    • Benefits package commensurate with senior-level origination roles


    Why This Role
    • High-impact, market-facing role with significant autonomy
    • Opportunity to build and own the Houston land banking platform
    • Exposure to sophisticated real-estate credit and structured land solutions
    • Long-term growth path tied directly to market performance

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