The Land Acquisition Analyst facilitates and assists in the land acquisition function including research, financial and pricing analysis. Scrutinizes all property deals and finds land in areas and price ranges consistent with company needs, while optimizing the return on investment and minimizing risk to the company. Supports the Land Development team with contract maintenance and invoicing.
Responsibilities:
- Develop property value analysis and underwriting for raw land and vacant development lots for acquisitions.
- Prepare time-to-market underwriting proformas and conduct general research in selected markets to identify land opportunities.
- Prepare graphs, maps, marketing boards, and standard features comparisons.
- Review and interpret zoning and land use ordinances.
- Gather competitive information from other residential communities.
- Coordinate Architectural Review Board (ARB) approvals with developers, owners, and HOAs.
- Oversee the compilation of data related to specific jurisdictions, HOA obligations, and property taxes.
- Perform asset sales pricing analysis and formulate/analyze financial deal points for potential disposition opportunities.
- Develop feasibility packages.
- Create and update tracking reports for all assets to ensure compliance with market strategic goals.
- Provide lot analyses on all communities and prepare reports with a snapshot of all acquisitions.
- Build strong internal relationships with Purchasing, Construction, Architecture, and Property Management teams.
- Ensure overall project development proceeds on schedule and is consistent with internal policies and procedures.
- Process all land-related applications and permits for approval.
- Manage files, documents, plans, contracts, purchase orders, change orders, and contract exhibits; work directly with Legal on the drafting of contracts; code invoices and process check requests for land acquisition and development; and update and maintain accurate project development schedules and budgets.
Requirements:
- High school diploma/GED required.
- Bachelor’s degree in Real Estate, Economics, Statistics, Government Relations, or a related field preferred.
- Master’s degree in Real Estate, Economics, Statistics, Government Relations, or a related field preferred.
- Minimum of 2 years of experience in land acquisitions, including contract negotiation and relationship building.
- Minimum of 3+ years as a financial analyst and/or business analyst preferred.
- Valid driver's license required.
- Intermediate experience with the Microsoft Office Suite, proficiency in Microsoft Excel, and a working knowledge of Microsoft Dynamics CRM are preferred.
- Possessing excellent verbal and written communication, planning, and business/financial analysis skills, along with strong leadership, negotiation, prospecting, and problem-solving skills.
- Competent in implementing process improvement changes with keen attention to detail. Additionally, being adaptable and flexible in a changing environment.
Compensation
The anticipated pay range/scale for this position is $75,297.00 to $99,768.00 Annually. Actual starting base pay within this range will depend on factors including geographic location, education, training, skills, and relevant experience.
Additional Compensation
This position is eligible to receive quarterly bonus payments.
Perks and Benefits
Employees have the opportunity to participate in medical, dental and vision insurance; flexible spending accounts and/or health savings accounts; dependent savings accounts; 401(k) with company matching contributions; employee stock purchase plan; and a tuition reimbursement program. The Company provides 9 paid holidays per year, and, upon hire, new employees will accrue paid time off (PTO) at a rate of 0.0577 hours of PTO per hour worked, up to a maximum of 120 hours per year.
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