Land Acquisition Analyst

Meritage Homes; Sacramento (CA); On-site; USD 80,000 - 120,000; Full time

Job summary

Meritage Homes is seeking a Land Acquisition Analyst for its NorCal/Sacramento division. The role focuses on researching and analyzing land opportunities for residential development, producing detailed financial reports and pro-forma analyses.

The position requires a BA/BS in a related field and 3–5 years of acquisitions experience, with strong Excel proficiency and the ability to work with cross-functional teams including engineers and executives. Local real estate knowledge is a plus.

Qualifications

• BA/BS in Real Estate, Finance, Planning or Civil Engineering.
• 3–5 years of related experience with acquisitions or development.
• Local real estate knowledge is highly beneficial.
• Familiarity with reimbursement agreements, purchase/sales contracts, entitlements, engineering and zoning issues.
• Experience in managing people, department operations, budget and pro-forma management.

Responsibilities

• Gather and analyze information for land suitability and purchase viability.
• Prepare detailed reports and economic/market analyses.
• Build economic base analysis and key indicators.
• Prepare sections of corporate approval packages.
• Coordinate with engineers for updated land maps; support acquisition decisions.
• Visit competing communities to procure pricing, site plans and indicators.

Skills

Advanced Excel

Financial analysis

Pro-forms & reports

Land acquisitions

Negotiation/communication

Team mentoring

Education

BA/BS in Real Estate/Finance/Planning

Tools

Metrostudy

Job description

Responsibilities

Meritage Homes is hiring for a Land Acquisition Analyst position to support our NorCal/Sacramento division.

PRIMARY DUTIES AND RESPONSIBILITIES (may include but are not limited to the following):

• Responsible for gathering, compiling and analyzing information to complete the research and financial analysis of land under consideration for purchase to develop residential communities.
• The Analyst is also responsible for preparing the information into detailed accurate reports.
• Prepare Economic Base Analysis.
• Provide Key Economic Indicator analysis.
• Prepare assigned sections of corporate approval package.
• Coordinate with Engineers to provide updated land map.
• Utilize research tools such as Metrostudy to assist in land and market evaluations.
• Assist Vice President and the Director of Land Acquisitions in daily land research responsibilities;visit competing communities sales center to procure pricing, Site plans, and other key indicators.

Qualifications

Education:

• BA/BS degree in Real Estate Marketing, Finance, Construction Management, Planning, or Civil Engineering.
• 3-5 years of related experience; strong understanding of acquisitions and/or development.
• Local real estate knowledge extremely beneficial.
• Supporting familiarity required in reimbursement agreements, purchase and sales contracts, entitlement issues, engineering and planning, and zoning issues.
• Strong management capabilities with experience in managing people, department operations, budget preparation and pro-forma management, and a track record of managing and growing a strong team.

Technical Skills:

• Proficiency with Microsoft Office applications with advanced skills in Excel (running proformas, pipeline reports, and competitive analyses)
• Ability to create and implement work plans, prepare and analyze financial statements/documents, compose letters and acquisition packages (strong writing skills)

Interpersonal/Communication Skills:

• Regular interaction and coordination with internal financial and executive management as well as extensive contact with external executives, decision makers, and government agency personnel, engineers, land planners and contractors regarding acquisition, development and sales.
• Excellent interpersonal and communication skills are a primary function, the position requires:

Additional Skills:

• Strong presentation skills
• Excellent negotiation skills and the ability to influence others and resolve problems in a positive manner.
• Ability to handle stress of dealing with public and governmental agencies and adapt/adjust to changing circumstances.
• Must be able to work successfully in a team environment and provide mentoring to less experienced individuals in department.
• Sound judgment with high level of integrity to execute decisions with significant corporate impact, and ability and experience to balance company's business needs with its risk tolerance in a changing financial marketplace
• Self-starter, proactive and creative, takes initiative to address issues
• Accurate; with keen attention to detail

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Overview

Are you looking for an incredible career opportunity? Then Meritage Homes is the place for you! From the homes we build to the careers we offer, we are focused on delivering a Life.Built.Better.. Meritage is committed to building energy-efficient and affordable entry-level and first move-up homes across the US. We are looking for candidates who are excited about furthering their careers, as well as bringing their authentic self every day to be part of an inclusive organization. Meritage was certified a Great Place To Work for a second year in a row, and is currently ranked on Fortune's Best Workplaces listings in the categories of Construction, Women and Parents. Meritage has delivered over 200,000 homes in its 40-year history, and has a reputation for its distinctive style, quality construction, and award-winning customer experience. Meritage is looking for professionals who are self-starters and want to help our organization grow by providing new and innovative ideas.

When joining Meritage Homes, you and your career can benefit in several ways, including:

• A work environment that encourages creativity and innovative ideas from every level
• An organization that lives by its core values everyday
• Team atmosphere where every individual is considered a vital asset
• State of the art technology to provide an optimal working environment
• A competitive pay structure
• Strong benefits
• Flexibility in work-life integration
• Team-oriented environment where all individuals play an integral role in the company
• Opportunity to further your career in a growing national organization
• Maintain a competitive drive to be the best