The Acquisition Analyst will work directly with the land acquisition and entitlement manager and assist in the management of all projects and analysis throughout the community acquisition process.
Primary Responsibilities Include:
- Maintain weekly Acquisition Summary and Cash Flow.
- Underwrite all new projects following Corporate guidelines.
- Maintain all due diligence materials and upload to company server per respective project.
- Complete all due diligence pre and post contract for all communities and due diligence checklists.
- Prepare soft cost budget analysis (property taxes, HOA funding, Title fees, etc) and lot cost calculations.
- Assist in coordinating with departments for underwriting expenditures and budgets (Sales & Marketing, Indirects, Construction, House plans). Underwrite all Acquisitions according to the Corporate Guidelines.
- Meet with State, County, City Officials, Consultants and Engineers to gather and maintain all governmental regulations, stipulations, due diligence necessary to ensure compliance for each acquisition.
- Facilitate and research market studies for all new acquisitions, including comparative market analysis, price positioning charts, and Zonda.
- Assist in reporting to Corporate Finance on all Acquisition materials and checklist for Land Banking.
- Assist in preparing Letters of Intent, Executive Summary, and Investment Committee Packets.
- Prepare Project Turnover meetings.
- Assist in coordinating contracts and related due diligence matters with Title, Consultants, and Legal Counsel.
- Attend mandatory Division Meetings.
- Driving required as needed. Site visit all new acquisitions during due diligence.
- Additional Projects as assigned.
Key Attributes and Qualifications:
- Bachelor degree in business, finance, or related field
- Knowledge of and/or participation in local real estate professional organizations
- Experience in underwriting Pro Forma’s and analyzing key metrics
- Proficient with Microsoft Office applications with advanced skills in MS Excel. Ideally knowledge of and some proficiency in working in residential real estate databases such as Meyers data, Zonda, MetroStudy, Ryness, MLS data, as examples.
- Strong verbal and written skills, and ability to communicate clearly and concisely.
- Strong quantitative and analytical skills and understanding of financial analysis.
- Highly organized, highly motivated, and able to get things done quickly and accurately.
- Ability to prioritize tasks, work on multiple assignments, and manage rapidly changing assignments in a team environment.
- Positive energy, enthusiasm, and “can‐do” attitude, with the skills, experience, and ability to get things done and done correctly.
- See the big picture AND attention to detail.
- Knowledge, experience, and abilities in what makes great residential communities (“placemaking”) is preferred.
- Ability to manage projects, budgets, and schedules.
- Ability to multi‐task and be self‐directed in a fast‐paced work environment.
- Knowledge of real estate transactions and land acquisitions for a homebuilding company is a plus.
- Knowledge of residential land due diligence and entitlements is preferred.
- Knowledge and experience to be able to guide, read and review architectural blueprints, engineering plans, and plats is preferred.
- Maintaining regular attendance and punctuality relative to daily work schedule is required.
- Must be able to follow directions from a supervisor and accept constructive feedback.
- Professional appearance and demeanor, friendly and positive attitude.
This is primarily a sedentary position. May be required to occasionally bend, stoop, reach, lift, move and carry office materials and supplies weighing 25 pounds or less. Finger dexterity is required to operate a computer keyboard. This position works in a general office environment with moderate noise, the office environment is busy with unscheduled interruptions. This position requires public contact, as such, appropriate business apparel and professional appearance is expected.
This position is a safety‐sensitive position and includes tasks or duties that could affect the safety and health of the employee performing the task or others. This position requires OSHA 10, CPR/First Aid and Fire‐Safety Extinguisher training, provided by the company.
Valid driver’s license and vehicle insurance required at all times. Employee will be reimbursed for using their own vehicle in the course of the job at the federal mileage rate in effect at the time.
Must be authorized to work in the United States.