DUE DILIGENCE MANAGER ( LAND)

Company: Lennar
Location: Federal Way
Posted on: September 25, 2024

Job Description:

Welcome Home! Build your career with Lennar:

As one of the nation's largest builders, Lennar has built over one million new homes for families across America. Since 1954, our communities have catered to all lifestyles and family dynamics, whether you are a first-time or move-up buyer, multigenerational family, or active adult.

At Lennar, Everything's Included in our homes, and Everyone's Included on our team. Our Everyone's Included vision is to be as inclusive and diverse as the communities we build unleashing the power of diversity within our workforce to drive innovation & sustainable growth.

Lennar's Core Values:

Our commitment to Quality, Value, and Integrity is the underlying foundation upon which Lennar was built, and these three fundamental principles still guide us in caring for our customers, associates, trade partners, shareholders, and community.

Due Diligence Manager Summary:

Works closely with the Vice President of Land Acquisition and Vice President of Forward Planning. Responsible for coordinating with all government agencies, Division departments and outside consultants to assist land acquisition and forward planning to achieve Division goals. Responsible for supervising and directing the underwriting team to prepare market analysis and reports, research municipal codes, research land use approvals, assemble financial reports and oversee the preparation of feasibility presentations for land acquisitions.

Position Based in Federal Way, WA and In Office/Onsite

Responsibilities:

• Supervise, direct, and track all aspects of Due Diligence
• Responsible for meeting strict deadlines for land acquisition deadlines, closing dates, and new community opening dates.
• Develop a broad understanding of each market the Division operates or is considering for expansion. Market knowledge to include the competition, including home and land value analysis of price points, sales absorptions and amenities for each Community..
• Supervise, schedule and coordinate with other Division departments to achieve goals and timelines with project consultants, including architects, engineers, landscape architects, soils and environmental engineers, and other consultants to insure necessary approvals and adherence to community schedules.
• Delegate daily workload and priorities to underwriting department associates.
• Assist and prepare deal specific financial reports, present to management (including proforma assumptions, profit and loss statements, cash flows, , ROI, etc.).
• Oversee initial homesite fit and community product mix.
• Assimilate information from other Division departments to create a homesite variance budget for each land acquisition deal.
• Assist in packaging land acquisition underwriting assumptions and details to other Division departments for a smooth transition as the land acquisition asset moves from underwriting, land closing, site development, homebuilding and sales.
• Assist in Purchasing Special Projects, including but not limited to: Estimating, Value Engineering, Assist in Spec Development, and Assist in Product Development. Discuss.
• Work with Division team to prepare monthly closing approvals and land closings.
• Perform all other duties as assigned. Qualifications:
  • Five (5) years minimum experience in land acquisitions, community entitlement and land development or homebuilding process, working with public agency experience preferred
  • Homebuilding experience with a strong understanding of the housing marketplace, market trends and market analysis.
  • Advanced PC skills, including use of Excel and Adobe Pro or Bluebeam Revu
  • Excellent analytical and writing capabilities; Strong communication and interpersonal skills is critical
  • Strong researching skills and the ability to oversee the assemblage of information on a timely basis from multiple sources.
  • Ability to multi-task, prioritizing multiple projects and adapting to changing priorities to meet multiple deadlines concurrently
  • Ability to understand and read Civil and Homebuilding Plans
  • Accept constructive feedback
  • Highly motivated self-starter with a team attitude and willingness to learn
  • Valid driver's license
  • High school diploma or GED required Physical Requirements:
    • This is primarily a sedentary office position which requires the ability to occasionally bend, stoop, reach, lift, move and carry office supplies and materials weighing 25 pounds or less. Finger dexterity is required to operate computer keyboard, calculator and telephone equipment. May operate a motor vehicle. FLSA Status: Exempt ( Salaried)
      
      Life at Lennar:
      
      Lennar recognizes our associates are the heart of the company's success. Learn new skills, build your path, and become an integral part of the Lennar Family. Lennar associates will be eligible for many benefits in accordance with Lennar's policies and applicable plan terms, including:
      • Health Insurance - Medical, Dental & Vision
      • Vacation - up to 3 weeks of vacation per year upon hire
      • Holidays, Sick Leave, & Personal Days
      • 401(k) Savings Plan with company match
      • Paid Maternity & Bonding Leave
      • New Hire Referral Bonus Program
      • Home Purchase Discount for Associates
      • Associate Assistance Plan
      • Everyone's Included Day
      • This information is intended to be a general overview and may be modified by the Company due to factors affecting the business. General Overview of Compensation & Benefits:
        
        We reasonably expect the base compensation offered for this position to range from $82,339-$129,150, subject to adjustment based on business-related factors such as employee qualifications, geographic pay differentials, and operational considerations.
        • This position may be eligible for bonuses.
        • This position may be eligible for commissions.
        • This position will be eligible for the described benefits listed in the above section in accordance with Company Policy.
        • This information is intended to be a general overview and may be modified by the Company due to factors affecting the business Lennar is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws.
          
          #CB #LI-ST1
          • This information is intended to be a general overview and may be modified by the company due to factors affecting the business. General Overview of Compensation & Benefits:
            • This position may be eligible for bonuses.
            • This position may be eligible for commissions.
            • This position will be eligible for the described benefits listed in the above section in accordance with Company Policy.
            • This information is intended to be a general overview and may be modified by the Company due to factors affecting the business.
              
              Lennar is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws.

Keywords: Lennar, Federal Way , DUE DILIGENCE MANAGER ( LAND), Executive , Federal Way, Washington