Multifamily-Development VP - Coastal Carolinas

D.R. Horton•Myrtle Beach, SC

4d•Onsite

About The Position

DHI Communities, a multifamily development division of D.R. Horton, Inc., is seeking a Development Vice President-Multifamily. This role will be responsible for overseeing all aspects of new multifamily developments, with a primary focus on suburban, garden-style communities. The position coordinates all facets of development, including acquisition, pre-development planning and zoning, coordination with the parent-controlled general contractor, and lease-up through stabilization.

Requirements

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
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

Nice To Haves

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

Responsibilities

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
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.