A Brief Overview
The Land Acquisition Analyst will support the VP of Land in all activities related to land acquisitions and dispositions. This role is a key component in the sourcing, analysis, underwriting, and presentation of residential land acquisitions. This person will work closely with the land acquisition, development, and finance teams to evaluate potential land acquisition opportunities and provide operational and financial insights.
What you will do
- Develops and maintains financial models for land acquisitions, takedown schedules, and development cost analyses. Prepares full project pro-forma.
- Conducts market research on both a wide and narrow scale to understand the greater Colorado housing market and the more detailed metrics around specific opportunities.
- Requires thorough collaboration with others on the Land team, leads the due diligence effort once an opportunity is under contract, including environmental and geotechnical studies, surveys, title review, cost estimates, etc.
- Assesses lot pricing strategies and provides financial recommendations to maximize project profitability.
- Monitors and analyzes land inventory and pipeline, including cost, revenue, and profitability projections.
- Forecasts for land acquisition, entitlement, and development projects.
- Prepares and supports the presentation of detailed materials to the Land Committee, including financial analyses, transaction overviews, and market research.
- Prepares full feasibility reports on potential acquisitions.
- Creates compelling presentations to effectively communicate land underwriting analyses and strategic recommendations.
- Tracks the financial performance of land projects, providing updates and insights to senior leadership.
- Identifies potential risks and recommends actionable mitigation strategies.
- Maintains accurate lot inventories.
- Develops and maintains dashboards (ex. Division waterfalls) and key performance indicators (KPI’s) to provide insights to senior management.
Qualifications
- Bachelor's Degree Bachelor’s degree in finance, real estate, economics or other related field. Required
- 1-3 years Real estate finance, land acquisition, or homebuilding finance. Required
- 1-3 years Proficiency in financial modeling and analysis, with strong Excel skills. Required
- 1-3 years Expertise in creating and delivering professional presentations to executive audiences. Required
- 1-3 years Familiarity with land acquisition and development processes and land bank structures. Required
- Knowledge of residential real estate markets, land entitlement and development processes, and land banking strategies.
- Experience preparing professional presentation slides and related materials for presentation to internal and external stakeholders.
Compensation
We are committed to offering competitive and equitable compensation. The hiring range for this position is generally between $83,983 - $95,358, exclusive of fringe benefits or potential bonuses. This position is also eligible for a performance bonus. Final salaries will be determined based on factors such as geographic location, skills, education, licenses, certifications, and/or experience. In addition to these factors – we believe in the importance of pay equity. Please keep in mind that the range mentioned above is the general Hiring Range for the role. Hiring at the top of the range is reserved for exceptionally qualified candidates. We consider internal and external factors as a part of every final offer. We also offer a generous total compensation and benefits package.
Benefits
A competitive salary is only one part of your total rewards. We also offer a comprehensive benefits package, including paid time off, medical, dental, life and disability insurance, HSA/FSA accounts, retirement, rewards programs, and so much more!
You must be able to pass a drug, background screen, and motor vehicle record check (if one is required per the position).
EEO/ADA
The Company and its affiliates provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.