Multifamily-Development VP - Las Vegas

Company: D. R. Horton
Location: Henderson
Posted on: August 5, 2022

Job Description:

Job Description - Multifamily-Development VP - Las Vegas (2204937) Job Description Description 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 at www.drhorton.com for 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 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
• 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. Qualifications Education and/or Experience Bachelor's degree (B.A.) in Business, Finance, Real Estate or related fieldMinimum of 10 years of experience in multi-family real estate, development/acquisitions with a minimum of 3 years management experienceMust have a vehicle and a current valid driver's licenseStrong organizational and time management skillsMaintain confidentialityEffective oral and written communication skills with the ability to conduct presentations to the Investment and Executive CommitteesAbility to apply common sense understanding to carry out instructions furnished in written oral form or via DRH applicationsProficiency with MS Office and email Preferred Qualifications Proactive, self-directed, and highly motivatedAbility to analyze and effectively resolve problemsExcellent 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, Vision and DentalEmployee Stock Purchase PlanFlex Spending AccountsLife InsuranceVacation, Sick, Personal Time and Company HolidaysBuild YOUR future with D.R. Horton, America's Builder. #WeBuildPeople2 Follow us on social media @hortoncareers for an inside look at our company and connect with us on LinkedIn for up to date job listings!

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