Stephen Power Email & Phone Number

Greater Nashville Area

Greater Nashville Area

• Led the land acquisition, entitlement, land development and new community startup process for the Nashville Division of Beazer Homes and played an important role in driving division profitability as a key member of the Division’s leadership team• Led a team of land development professionals engaged in entitlement and development of multiple residential communities, driving timelines and carefully managing budgets to ensure on time and on budget lot delivery• Handled all aspects of new land and finished lot acquisition including maintaining a thorough understanding of changes to market conditions, targeting and identifying land that met the division's forward strategy, negotiating terms with sellers, overseeing the drafting of purchase contracts, reviewing title/survey, working with lenders, overseeing due diligence, handling the internal land committee approval, setting up the homeowners association, and ensuring a smooth transition to new home sales• Analyzed new project feasibility through very detailed market research, financial modeling, and development cost estimation• Worked closely with the Division President and VP of Sales to help shape the Division’s forward strategy • Managed key relationships with land developers, real estate agents, engineers, government officials, and other homebuilders • Spearheaded the internal corporate land acquisition approval process for all potential asset acquisitions

Jacksonville, Florida Area

• Led business development, financial planning and analysis, operations, land acquisition and disposition, budgeting, forecasting, market research, marketing and public relations for a leading real estate development company's Northeast Florida division• Co-managed a project team tasked with developing a 4,200-acre master-planned community with entitlements for 3,700 single-family units, 800 multi-family units, and 500,000 sq ft of commercial space• Recruited 6 new homebuilder partners and developed a series of mutually-beneficial builder programs and marketing plans, driving traffic and catapulting the community into one of the top-selling communities in Northeast Florida• Handled all financial planning and analysis for the company's Northeast Florida division, including modeling, budgeting, forecasting, and preparing presentations for executive leadership and board members• Negotiated with county and state administrators and built community support for a major entitlement change - a modification to the PUD and development order as well as a consolidation of two community development districts (CDDs)• Oversaw HOA operations, including the operations of a multi-million dollar amenity complex, as President of the homeowner’s association• Communicated regularly with joint venture partners on multiple projects; organized an effort to explore sale or JV options for multiple projects, including a mixed-use urban infill development; curreexplored conversion of a stalled condominium mixed-use project to a higher density “for-rent” mixed use project to include a major grocery tenant• Negotiated terms and contracts for builder homesite takedowns and vendor or subcontractor agreements• Co-managed a capital spending budget of approximately $10 million per year; capital improvement projects include single-family lot construction, roads, parks, common areas, and amenities.

Jacksonville, Florida Area

• Assembled a granular quarterly forecast for the residential division of Florida’s largest private landowner and land developer; also oversaw the residential annual plan; utilized Hyperion Essbase and Excel for forecast and planning • Built and reviewed complex economic models used to determine whether the company will invest capital in large-scale multi-year residential communities• Promoted from senior financial analyst to manager after only one year of service• Designed and implemented process improvements to simplify the forecasting process without sacrificing accuracy, allowing the company to manage reduced headcount in the face of a difficult Florida housing market• Routinely interacted with the executive team to present business model updates and financial performance metrics• Responsible for ensuring budget compliance; signed off on new contract requests and spending authorizations • Assisted the CFO and Controller to estimate the financial impact of a complex agreement between our company and Southwest Airlines, in which we agreed to backstop the airline in exchange for starting new service in Panama City

Jacksonville, Florida Area

• Built complex, multi-layered business plans, forward projections, key financial analysis and budgets used to determine strategy for homebuilding operations and land acquisition• Sponsored multiple community teams, acting as the liaison between field staff and the division office• Analyzed current market trends and competitive environment to determine timely new home pricing strategy in accordance with low cost producer initiative in a dynamic market• Provided new-hire training for financial analysts from other divisions• Cross trained for 3 months in construction superintendent role to gain insight into home building process• Created proprietary pricing calculator which enabled sales staff to increase business • Constructed Visio process diagrams and worked with senior management to identify several process improvements

Jacksonville, Florida Area

• Originated construction and renovation home mortgages• Consistently originated $5 to $8 million in dollar volume loans per month

Jacksonville, Florida Area

• Offered advice, executed transactions, and solicited business from new and existing clients• Produced over $20,000 per month in sales and $250,000 per month in new assets

Masters Of Business (Mba), Entrepreneurship

Bachelor Of Science, Finance

High School Diploma