Multifamily-Development VP - Coastal Carolinas

Development Vice President-Multifamily

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. 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 manage 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.

Qualifications

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.