Land Banking Originator – Metro Houston
McKinley Homes · Houston, TX · 5 mo ago
FinanceFull-time
Key Responsibilities
- Source and originate land banking and lot-finance transactions with production and regional homebuilders, developers, and landowners
- Develop and maintain a robust pipeline of off-balance-sheet lot solutions, land banking arrangements, and structured real-estate investments
- Cultivate long-term relationships with builders, developers, brokers, attorneys, engineers, and capital partners throughout Metro Houston
- Represent the firm at industry events, builder meetings, and land-seller presentations
- Drive opportunities from initial outreach through signed term sheets, with consistent follow-up and disciplined pipeline management
- Structure transactions including:
- Land banking agreements
- Lot purchase/takedown programs
- Option structures and phased takedowns
- JV-style and fee-based land capital solutions
- Perform high-level underwriting analysis, including:
- Absorption modeling
- Lot pricing and margin analysis
- Market feasibility and submarket dynamics
- Entitlement and development risk
- Collaborate with internal investment, legal, and asset-management teams to bring transactions from term sheet through closing
Qualifications
- Experience
- 7+ years of experience in one or more of the following:
- A&D&C loan origination
- Land banking or lot finance
- Real estate private equity (residential focus)
- Builder finance or structured real-estate credit
- Proven track record of originating and closing complex real-estate transactions
- Direct experience working with homebuilders and residential developers in Texas preferred
- Demonstrated ability to independently source, structure, and close deals in a relationship-driven market environment
- 7+ years of experience in one or more of the following:
- Skills & Competencies
- Strong underwriting and financial modeling skills (Excel-based)
- Deep understanding of residential land development economics
- Ability to structure creative capital solutions aligned with builder needs
- Strong negotiation, presentation, and relationship-management skills
- High degree of independence, accountability, and market ownership
- Education
- Bachelor’s degree in Finance, Real Estate, Business, or related field
- MBA or advanced real-estate coursework a plus
Compensation
- Competitive base salary + performance-based incentive compensation
- Incentives tied to transaction volume, profitability, and portfolio performance
- Benefits package commensurate with senior-level origination roles
Why This Role
- High-impact, market-facing role with significant autonomy
- Opportunity to build and own the Houston land banking platform
- Exposure to sophisticated real-estate credit and structured land solutions
- Long-term growth path tied directly to market performance