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1 Build To Rent-Disposition Manager - Arlington Job in Arlington, TX

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MultiFamily / Communities
Arlington, TX | Full Time
$116k-135k (estimate)
3 Weeks Ago
Build To Rent-Disposition Manager - Arlington
$116k-135k (estimate)
Full Time 3 Weeks Ago
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MultiFamily / Communities is Hiring a Build To Rent-Disposition Manager - Arlington Near Arlington, TX

D.R. Horton, Inc., the largest homebuilder in the U.S., was founded in 1978 and is a publicly traded company on the New York Stock Exchange. It is engaged in the construction and sale of high quality homes designed principally for the entry-level and first time move-up markets. The Company also provides mortgage financing and title services for homebuyers through its mortgage and title subsidiaries. Please visit our website at www.drhorton.com for more information.

DHI Communities is a multifamily development division of D.R. Horton, Inc.

DHI Communities is currently looking for a BTR-Disposition Manager. The right candidate will be responsible for monetizing Build-To-Rent (BTR) investments through a disposition process in collaboration with the Asset Management team, Property Management team, and Home Building division team on a nationwide basis.

Essential Duties and Responsibilities include the following. Other duties may be assigned.

  • Develop disposition strategies of BTR investments and determine optimal sell timing to maximize value and accurately forecast quarterly sale goals
  • Manage the disposition process including broker selection, integrity/accuracy of offering materials, negotiate listing agreements, set valuation targets, coordinate investor tours, and maintain disposition trackers for reporting
  • Work in a highly collaborative and advisory manner with cross-functional teams serving as the liaison between legal, home building division, asset management and property management and communicate effectively with the Managing Director of Disposition
  • Manage the buyer due diligence process including establishing a data room for potential buyers, ensure data integrity and coordinate buyer questions
  • Prepare valuation drivers including lease-up, rental rate, operating expense, cap rate, and investor required unleveraged/leveraged internal rates of return
  • Interview potential buyers, negotiate purchase contracts, and manage the closing process from initial contract execution through closing including any post-closing obligations
  • Identify and cultivate strategic relationships with leading investment brokers and investors, monitor market fundamentals and trends to understand pricing fluctuations and cap rates
  • Conduct all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company
  • Attend industry conference events to monitor BTR valuation trends
  • Coordinate with asset management, property management and the home building division to meet disposition targets
  • Strategize with the leasing team and third-party property management companies to maximize returns during lease-up
  • Able to travel overnight

Supervisory Responsibilities

  • Supervises 2 or more employees
Qualifications


Required Qualifications

  • Bachelor's degree from a four-year college or university
  • Five to seven years of related experience and/or training
  • 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

Preferred Qualifications

  • Registered planner or engineer preferred
  • Strong communication skills

Come join a winning team with a Fortune 500 company! We are growing fast and are looking for enthusiastic attitudes and team players to join our success. We offer an excellent benefits package including:

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

Build YOUR future with D.R. Horton, America’s Builder.

#WeBuildPeople2

Follow us on social media @hortoncareers for an inside look at our company and connect with us on LinkedIn for up to date job listings!

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Job
: Operations
Primary Location: TX-Arlington
Organization: MultiFamily / Communities
Schedule: Full-time

Job Posting
: May 30, 2024, 12:00:00 AM

Job Summary

JOB TYPE

Full Time

SALARY

$116k-135k (estimate)

POST DATE

05/31/2024

EXPIRATION DATE

06/19/2024

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