Real Estate Inv & Dev VP-FG

D.R. Horton•Midlothian, VA

3d•Onsite

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 Real Estate Investment & Development VP-FG. The right candidate will assist the Senior Vice President or Regional President as appropriate with the acquisition and development of specific real estate projects.

Requirements

Bachelor's degree (B. A.) from four-year college or university
Ability to apply commonsense understanding to carry out instructions furnished in written, oral from or via DRH applications
Proficiency with MS Office and email
Ability to sit for majority of 8-hour workday; use hands to finger, handle or feel; reach with hands and arms; talk and hear.
Specific vision abilities required by this job include close vision, distance, color vision and peripheral vision
Must have a valid driver’s license and vehicle
Ability to travel overnight

Nice To Haves

Seven to ten years related experience

Responsibilities

Manage assets for specific real estate projects
Plans, directs and coordinates acquisition and land development activities
Oversees preparation of plats and plans, supervises the bid process for construction contractors
Secures governmental approvals for development and construction with federal state and local jurisdiction officials
Assists with budgeting and forecasting, responsible for execution and financial performance of projects
Negotiates the acquisition of properties with landowners, attorneys or brokers
Prepare memoranda and other documentation and analytics for corporate approval for land buys
Manage due diligence process on land acquisition opportunities, including initial master planning work in close coordination with internal design and land development teams
Manage, coordinate resources for and meet all entitlement needs for land acquisitions
Monitor development phases and entitlement processes post-closing
Responsible for Homeowner’s Associations (HOA) meetings for residential land developments and operates the HOA until residents assume control
Build and maintain relationships with national, regional and local home builders as well as commercial builders
Leads or assists where appropriate, with the negotiations for the sale of residential lots to homebuilders as well as commercial tracts to commercial builders
Conducts all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company
Manages day-to-day customer, partner, and/or vendor relationships
Work with area municipalities and utility contractors