Multifamily-Development VP - Coastal Carolinas
D.R. Horton, Inc.
*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.
*DHI Communities*is a multifamily development division of D.R. Horton, Inc.
*DHI Communities* is currently looking for a*_Development Vice President-Multifamily_*. The right candidate will be responsible for overseeing all aspects of new multifamily developments. Primary focus is suburban, garden-style communities. This position coordinates all aspects of development including (i) acquisition, (ii) pre-development planning and zoning, (iii) coordination with parent-controlled general contractor, and (iv) lease-up through stabilization.
*Essential Duties and Responsibilities*include the following. Other duties may be assigned.
* Formulates and executes a market strategy to maintain a consistent development and construction pipeline by directing the pursuit, entitlement, design and development of multifamily projects
* Implement and execute systems and processes to ensure pro forma development budgets, underwriting, schedules, and quality standards are met
* Source, identify, select and underwrite development opportunities
* Coordinate required activities with local officials, brokers, consultants, etc.
* Negotiate land contracts and purchase agreements
* Oversee due diligence investigations
* Oversee underwriting pro-formas including market information, operating expense data, and estimated hard and soft costs
* Project timeline and spending forecasts
* Oversee required zoning, entitlement, and permitting activities
* Oversee compilation of all components of investment packages
* Lead presentation of development opportunities
* Oversee various governmental/municipal approval processes
* Coordinate with construction personnel to successfully meet budget and timing targets
* Participates in decision-making regarding product, mix, parking, and design
* Manage consultant work and relationships
* Work with internal Leasing Operations Manager and third-party property management companies to maximize returns during lease-up
* Conducts all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company
*Supervisory Responsibilities*
Directly manages two or more employees in the Operations Department. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
*Education and/or Experience*
* Bachelor’s degree (B.A.) in Business, Finance, Real Estate or related field
* Minimum of 10 years of experience in multi-family real estate, development/acquisitions with a minimum of 3 years management experience
* Must have a vehicle and a current valid driver’s license
* Strong organizational and time management skills
* Maintain confidentiality
* Effective oral and written communication skills with the ability to conduct presentations to the Investment and Executive Committees
* 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
**Preferred Qualifications**
* Proactive, self-directed, and highly motivated
* Ability to analyze and effectively resolve problems
* Excellent interpersonal skills; ability to relate to others and respond effectively to sensitive inquiries or complaints
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:** *Multifamily-Development VP - Coastal Carolinas*
**Location:** *North Carolina-Wilmington*
**Requisition ID:** *2602675*
**Other Locations:** *South Carolina-Myrtle Beach*
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