APPLY HERE

The New Home Company is a new generation homebuilder focused on the design, construction and sale of innovative and consumer-driven homes in major metropolitan areas in California, Arizona, and Colorado. NEW HOME was named 2019 Builder of the Year by Professional Builder and is a multi-year recipient of "The Eliant" for Best Overall Customer Experience in the multi-divisional builder segment.

At The New Home Company, we believe that PEOPLE matter. The strength of our homes is built upon a foundation of focused, energized, visionary and dedicated team members. Our goal is to provide a workplace that supports you in doing the best work of your life.

Check out NWHM's 2020 Corporate Sustainability Report (https://www.nwhm.com/newsletters/corporate_sustainability.pdf) for more information on working at The New Home Company. We are excited to hear from you!

Position Summary:

Play a critical role in identifying, analyzing and presenting future residential development projects for a high-growth homebuilding company.

Job Duties:

Strategic Market Analysis:

• Assist the Land Acquisition team in the preparation of competitive market analysis and financial proformas to determine the viability of proposed land acquisitions.
• Collect data on available residential land compatible with the company's strategic plan.
• Maintain a land database of land purchases as well as existing and future opportunities.
• Extract & analyze data from a variety of sources like the MLS, company databases, Metrostudy, LandVision, Zonda, and other external websites.
• Review and analyze due diligence information for potential investments
• Work with the development and project management team to determine budgets and schedules to be used in proformas.
• Coordinate with multiple departments to understand internal costs and assumptions to be used in proformas.
• Prepare offer letters under the deal structure guidance of Land Acquisition management.
• Assist with preparation of pre-acquisition Investment Memorandum and related support material.
• Overall project document control, including correspondence, purchase orders, invoices and supporting documentation.

Acquisition Analysis and Financial Modeling:

• With the market priorities defined by Land Acquisition leadership, actively research, analyze, and identify potential land acquisition targets by utilizing mapping and market data software.
• Maintain a database that identifies each target and tracks the current status of each.
• Conduct land opportunity analysis to include entitlements, site planning, proforma development and market research.
• Prepare financial modeling (proforma) and related financial sensitivities.
• Perform data analysis and review financial models to identify trends and improve underwriting accuracy.
• Continually refine data visualization and graphing skills to create more effective deliverables
• Structure and prepare Letters of Intent.
• Oversee all closing documents and funds transfer requirements for escrow closings.

Experience

• Minimum of 2-5 years in real estate or market research is desired and professional knowledge of the homebuilding and land brokerage industry is highly preferred.

Skills

• Expert analytical and financial skill-set
• Strong MS Office skills including Excel modeling and Word, Google Earth Pro
• Strong market research capability
• Team player/Cross functional collaborator
• Excellent verbal and written communication skills.
• Must be detail-oriented and organized.
• Must be driven, independent, and results-oriented.
• Excellent problem solving skills and eagerness to learn.