Due Diligence Manager

Due Diligence Manager

We are Lennar

Lennar is one of the nation's leading homebuilders, dedicated to making an impact and creating an extraordinary experience for their Homeowners, Communities, and Associates by building quality homes and providing exceptional customer service, giving back to the communities in which we work and live in, and fostering a culture of opportunity and growth for our Associates throughout their career. Lennar has been recognized as a Fortune 500® company and consistently ranked among the top homebuilders in the United States.

A Career that Empowers You to Build Your Future

Primary role of the Due Diligence Manager will be to provide risk analysis and detailed land development budgets for the land acquisition team as well as work with multiple other departments to aid in new land opportunities. Responsible for managing a team of outside consultants and internal teams in the preparation of schedules, feasibility reports, and provide support in underwriting potential opportunities. May coordinate and assist in tasks in obtaining entitlements and development for new residential communities.

• A career with purpose.
• A career built on making dreams come true.
• A career built on building zero defect homes, cost management, and adherence to schedules.

Your Responsibilities on the Team

• Manage due diligence efforts for potential land acquisitions. This will include, but not be limited to, the preparation of feasibility studies, budgets, entitlement / development schedules, risk assessments, and title review.
• Exercise ownership of development of initial community entitlement documents, construction schedules, budgets, cash flow projections, title reports, conditions of approvals, and objectives.
• Responsible for coordinating with outside consultants and contractors for assessing project construction costs, entitlement processes and requirements, creating detailed schedules, and assisting in evaluation of overall development feasibility during due diligence efforts.
• Prepare collateral material (aerial photos, maps, exhibits, cover etc.).
• Coordinate with various consultants, including architects, engineers, landscape architects, soils and environmental engineers, traffic engineers, and public relations consultants to properly assess and characterize costs, risks, and development timing of communities in the due diligence period.
• Engage with state and federal agencies, such as CDFW, USFWS, ACOE and FEMA to properly characterize any and all obligations and impacts that the project may have under these various agencies.
• Manage processes and third-party reports required for deals in due diligence and ensure that reports are completed and evaluated within the timeframe that meets third party seller's contractual requirements.
• Evaluate contracts, proposals and other documents required for vendors regarding the study and development of the property.
• Review and evaluate development plans for all new communities.
• Research and analyze approvals/permits, zoning, engineering plans, improvement estimates, off-site, phase 1 environmental reports, improvements/contributions, soils/geology, wetlands, utilities, affordable housing component/contribution, surveys and building costs.
• Maintain file database, as well as other files and systems needed within the land department.

Your Toolbox​

• High school diploma or GED required
• Bachelor's degree or equivalent. Preferred emphasis in engineering, construction management, economics, finance, or a related real estate field.
• Five (5) years of experience minimum in land development, project management and/or land acquisition positions with residential or land development firms or consulting firms serving real estate industry clients.
• Advanced skills in Microsoft Office especially in the use of Excel spreadsheets and formulas for financial modeling, Microsoft PowerPoint, various Adobe platforms, and/or Bluebeam.
• Valid Driver's License and good driving record
• Valid auto insurance coverage.

Physical & Office/Site Presence Requirements:

Regular, in-person attendance at Company communities/job sites and offices during regular work hours is an essential function of this job. Requires the ability to work more than eight hours per day as needed. Finger dexterity may be required to operate a computer keyboard and calculator.

This description outlines the basic responsibilities and requirements for the position noted. This is not a comprehensive listing of all job duties of the Associates. Duties, responsibilities and activities may change at any time with or without notice.

During the course of your employment, you may be required to use, download, or access certain Company-approved tools, programs, applications, or systems. These resources may include, but are not limited to, applications designed for customer engagement, operational efficiency, data analysis, Artificial Intelligence (AI) tools, and other business functions.

Lennar is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws.