Arlington, TX, 76015, USA
15 days ago
Build To Rent -Senior Disposition Manager - Arlington
*D.R. Horton, Inc., the largest homebuilder in the U.S.,*was founded in 1978 and is a publicly traded company on the New York Stock Exchange. It is engaged in the construction and sale of high-quality homes designed principally for the entry-level and first time move-up markets. The Company also provides mortgage financing and title services for homebuyers through its mortgage and title subsidiaries. Please visit our website atwww.drhorton.comfor more information. *D.R. Horton, Inc.*is currently looking for a*_BTR-Senior Disposition Manager_*. The right candidate will oversee monetizing of Build-To-Rent (BTR) investments through a disposition process in collaboration with the Asset Management Leaders, Property Management Leaders, and Home Building Division Leaders on a nationwide basis. *Essential Duties and Responsibilities*include the following. Other duties may be assigned. * Create and develop disposition strategies of BTR investments and determine optimal sell timing to maximize value and accurately forecast quarterly sale goals * Oversee the disposition process including broker selection, integrity/accuracy of offering materials, negotiate listing agreements, set valuation targets, coordinate investor tours, and maintain disposition trackers for reporting * Work in a highly collaborative and advisory manner with cross-functional teams serving as the liaison between legal, home building division, asset management and property management and communicate effectively with the Managing Director of Disposition and Senior Executives * Lead the buyer due diligence process including establishing a data room for potential buyers, ensure data integrity and coordinate buyer questions * Review and analyze valuation drivers including lease-up, rental rate, operating expense, cap rate, and investor required unleveraged/leveraged internal rates of return * Interview potential buyers, negotiate purchase contracts, and manage the closing process from initial contract execution through closing including any post-closing obligations * Identify and cultivate strategic relationships with leading investment brokers and investors, monitor market fundamentals and trends to understand pricing fluctuations and cap rates * Attend industry conference events to monitor BTR valuation trends * Coordinate with asset management, property management and the home building division to meet disposition targets * Strategize with the leasing team and third-party property management companies to maximize returns during lease-up * Conduct all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company * Ability to travel overnight * * *Supervisory Responsibilities* * Supervises 2 or more employees **Education and/or Experience** * Bachelor's degree from a four-year college or university * Seven to ten years of related experience and/or training * Ability to apply common sense understanding to carry out instructions furnished in written oral form or via DRH applications * Proficiency with MS Office and email * Ability to sit for majority of 8-hour workday; use hands to finger, handle or feel; reach with hands and arms; talk and hear. Specific vision abilities required by this job include close vision and peripheral vision * The noise level is generally moderate **** **Preferred Qualifications** * Registered planner or engineer preferred * Strong communication skills * Ability to multi-task and attention to detail Come join a winning team with a Fortune 500 company! We are growing fast and are looking for enthusiastic attitudes and team players to join our success. We offer an excellent benefits package including: * Medical, Dental and Vision * 401(K) * Employee Stock Purchase Plan * Flex Spending Accounts * Life & Disability Insurance * Vacation, Sick, Personal Time and Company Holidays * Multiple Voluntary and Company provided Benefits*/**/* */*Build YOUR future with D.R. Horton, America’s Builder.** */**/*#WeBuildPeopleToo*/* */*#DHICommunities */**/**/* **Job:** **Operations* **Organization:** **MultiFamily / Communities* **Title:** *Build To Rent -Senior Disposition Manager - Arlington* **Location:** *TX-Arlington* **Requisition ID:** *2600043*
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