Multifamily-Asset Manager - DFW

D.R. Horton•Arlington, TX

3d•Onsite

About The Position

DHI Communities, a multifamily development division of D.R. Horton, Inc., is seeking a Multifamily-Asset Manager. This role is responsible for the successful lease-up and management of newly developed multifamily communities. D.R. Horton, Inc. is the largest homebuilder in the U.S., founded in 1978, and is publicly traded on the New York Stock Exchange. The company focuses on constructing and selling high-quality homes for the entry-level and first-time move-up markets, and also provides mortgage financing and title services through its subsidiaries.

Requirements

Bachelor's degree from a four-year college or university
Three or more years related experience and/or training
Must have a vehicle and a valid driver’s license
Excellent communication skills
Ability to multi-task and excellent organization skills
Proficiency with MS Office and email

Nice To Haves

Prior experience in asset management or working in or with property management preferred
Ability to conduct market research a plus

Responsibilities

Primary point of contact with property management (internal or external property management)
Capable to oversee multiple lease-ups simultaneously
Provides strategic guidance for lease rates and optimal lease-up absorption pace
Performs on-site property inspections to assess property presentation, signage, and condition, and to monitor property management team’s effectiveness
Creates action plans that drive investment performance and valuation
Coordinates execution and communication between property management & construction teams
Manages approval process for property operating decisions
Analyzes market research to evaluate ideal positioning for each property within its submarket and considering factors that may influence success
Reviews community operating budgets and monitors community adherence to expectations
Provides timely feedback to inquiries and diligence requests during dispositions
Negotiates contractual relationship with management companies and other vendors as needed
Contributes to business plan and budget creation as needed
Participates in evaluation and design of prospective communities upon request
Assist in underwriting rental communities by providing rent and operating expense assumptions
Conducts all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company
Ability to travel frequently and overnight