Land Development Coordinator- Forestar Group

D.R. Horton•Phoenix, AZ

10d

About The Position

Forestar Group Inc. is a residential lot development company focused on delivering desirable communities for homebuilders in both established locations and long-term growth markets. Forestar’s vision is to be the nation’s leading residential lot developer. The Company’s strategic relationship with D.R. Horton, the nation’s largest homebuilder, complements Forestar’s vision of creating neighborhoods that enhance the lives of community residents while creating value for shareholders, trade partners and employees. Forestar Group is currently looking for a Land Development Coordinator-FG. The right candidate will play an essential role in the communication and coordination of timely events involved with the land acquisition and development process in a region or division. This person assists with the pre-acquisition process, provides contract and vendor administration, manages budget tracking and communication, and coordinates LOC’s and Surety Bonds.

Requirements

Associate’s degree or equivalent from two-year college or technical school; or three to five years related experience and/or training
Two to three years of applicable real estate experience
Ability to apply common sense understanding to carry out instructions furnished in written oral form or via Forestar applications
Proficiency with MS Office and email including the ability to build and maintain reports and schedules in MS Excel

Nice To Haves

Contract administration experience preferred

Responsibilities

Assist with the Pre-Acquisition process:
Interface with the various departments involved and track the documentation and completion of the due diligence process by coordinating purchase and sales agreements, amendments and other agreements for review and necessary approvals
Track the status of due diligence documentation and review
Coordinate the filing of soft and hard copy files with Land Development Administrator, Real Estate Services and Legal
Provide vendor and contract support including the following:
Maintain bid spreadsheets and bid tabulations
Create standard contract forms and exhibits for all new contracts
Ensure that Real Estate Services receives fully executed contracts with the coding that coordinates with the current budget
Assist analysts and development teams with the preparation, maintenance and communication of development operation budgets:
Work with development directors and managers to coordinate jobs and contracts required for the project
Assist Vice Presidents, Investment Managers and Development Directors with preparation of the original development budget and Budget Revision Worksheets (BRW) as well as obtaining the appropriate approvals
Communicate with Real Estate Services regarding development start dates, projected end dates, Notice of Substantial Completion, Recorded plats and address plats, and actual development end date
Verify that invoice coding is correct and coordinates with budget and includes any needed changes to budget in the monthly BRW
Coordinate LOC/Surety bonds:
Prepare the LOC/Surety bond request form and submitting it to DR Horton Treasury and Risk Management
Obtain the approval of draft from the beneficiary
Monitor and coordinate the cancellation of LOC’s and Bonds when applicable in order to reduce outstanding exposure
Conducts all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company
Ability to work overtime
Ability to travel overnight
Compile and maintain schedules as well as build and run reports that would be beneficial to the coordination of team efforts in a region or division
Additional duties as requested by acquisition and development teams