VP - Real Estate Investments & Development

Forestar Group • Houston, TX

426d

About The Position

The VP of Real Estate Investments & Development at Forestar Group Inc. is responsible for overseeing the acquisition and development of residential real estate projects. This role involves managing assets, coordinating land development activities, securing governmental approvals, and ensuring financial performance of projects. The VP will also build relationships with builders and manage homeowner associations, contributing to the company's vision of being a leading residential lot developer.

Requirements

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

Nice To Haves

• Seven to ten years related experience

Responsibilities

• Manage assets for specific real estate projects
• Plan, direct, and coordinate acquisition and land development activities
• Oversee preparation of plats and plans, supervise the bid process for construction contractors
• Secure governmental approvals for development and construction with federal, state, and local jurisdiction officials
• Assist with budgeting and forecasting, responsible for execution and financial performance of projects
• Negotiate 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 operate the HOA until residents assume control
• Build and maintain relationships with national, regional, and local home builders as well as commercial builders
• Lead or assist with negotiations for the sale of residential lots to homebuilders and commercial tracts to commercial builders
• Conduct all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company
• Manage day-to-day customer, partner, and/or vendor relationships
• Work with area municipalities and utility contractors

Benefits

• Medical, Vision and Dental
• 401(K)
• Employee Stock Purchase Plan
• Flex Spending Accounts
• Life Insurance
• Vacation, Sick, Personal Time and Company Holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Real Estate
• Education Level: Bachelor's degree