Land Acquisition Analyst

Century Communities, Inc.; Fresno (CA); On-site; USD 72,000 - 89,000; Full time

Benefits offered by this job

Paid time off

Medical insurance

Dental insurance

Vision insurance

401k plan

Job summary

Century Communities, Inc. is seeking a Land Acquisition Analyst in Fresno, CA to support the Land Acquisition team from prospect identification through closing land transactions.

You will conduct finance/market feasibility analyses, prepare pro formas, coordinate with entitlements and development teams, and maintain ongoing financial models for current communities. The role requires strong MS Office, data analysis, and presentation skills, with a bachelor’s in a related field and real estate

Qualifications

• Bachelor's degree in a related field or equivalent experience.
• Experience in real estate or market research desirable.

Responsibilities

• Identify potential land prospects and support closing land transactions.
• Prepare financial proformas and market analyses for land viability.
• Coordinate with entitlement, development teams and consultants for budgets and schedules.
• Review due diligence information for potential land investments.
• Develop pre-acquisition investment summaries and supporting materials.
• Post-acquisition: maintain proformas and analyses to optimize performance.
• Conduct land search, research targets using mapping and market data tools.
• Provide weekly updates and recommendations to leadership.

Skills

Multitasking

Data analysis

MS Office (Word & Excel)

Verbal communication

Written communication

Presentation skills

Education

Bachelor's degree in related field

Tools

GIS

Metrostudy

Acres

Zonda

Job description

The Land Acquisition Analyst supports the Land Acquisition team with all aspects of land acquisition, from identifying potential land prospects to closing land transactions.

Your Key Responsibilities Include:

• Finance/Market Feasibility Analysis
• Prepare financial proformas and competitive market analyses to assist the land acquisition team to determine the viability of proposed land acquisitions.
• Work with the entitlement and development teams and consultants to determine budgets and schedules to be used in proformas.
• Coordinate with multiple departments to understand home construction costs and buyer preferences in proformas.
• Review and analyze due diligence information for potential land investments.
• Extract and analyze data from various sources, including the MLS, company databases, Metrostudy, Acres, Zonda, and other external websites.
• Prepare pre-acquisition investment summaries and related support material.
• Post-acquisition – maintain financial proformas and competition analyses to assess ways to enhance existing communities' performance and report actual performance.
• Land Proforma Submissions
• With the guidance of Land Acquisition leadership, prepare detailed proformas and land packages with relevant support data for submittal to the Corporate Land Committee to seek approval of new land acquisition transactions.
• Prepare follow-up analysis and forms necessary to transact said acquisitions.
• Land Search Function
• With the market priorities defined by Land Acquisition leadership, actively research, analyze, and identify potential land acquisition targets by extensively utilizing mapping and market data software.
• Maintain a database and prepare reports that identify each acquisition target and track the status of each.
• Perform preliminary feasibility/financial analysis on identified acquisition targets and present weekly updates and recommendations to Land Acquisition leadership.
• Market Transactional/Entitlement Monitoring
• Responsible for weekly monitoring of land transactions and entitlement activity in the Division's core markets to include weekly summary and update of notable residential land transactions and notable entitlement activities occurring in the Division's core markets.
• Ad Hoc Projects
• Assist Land Acquisition leadership with ad hoc projects as needed.
• Assist the Land Acquisition team in preparing the Land Acquisition Strategy annually.
• Perform other duties as needed or assigned.

What You Have:

• Highly organized with the ability to manage and prioritize workload.
• Must be proficient in MS Office, especially Word and Excel, with exposure to GIS, Metrostudy, Acres, and Zonda helpful.
• Strong verbal, written, and presentation skills are a must.
• Proven ability to multi-task required.
• Strong desire to work in land acquisition.
• Ability to analyze, interpret, summarize, and report data.
• Must be dependable, self-motivated, and proactive.

Your Education and Experience:

• A Bachelor's degree in a related field, or equivalent experience.
• A background in real estate or market research is desirable and professional knowledge of the home-building, and land brokerage industry is highly preferred.

Compensation: Century Communities (the “Company”) intends to offer the selected candidate an annual base salary in the range of $71,900-$89,000 with the potential for an annual bonus. Actual offers will be based on a variety of factors including experience. Employees will have access to paid time off, medical, dental, vision, basic life insurance and the Company’s 401k plan.

About Century Communities

As one of the nation's largest homebuilders and an industry leader in online home sales, we strive to create thriving, enduring neighborhoods with lasting livability, focusing on building sustainable, affordably priced homes for our customers while reducing our carbon footprint. For team members, our goal is to provide the resources, opportunities, and benefits needed to build successful, rewarding careers.