What are the responsibilities and job description for the Land Development Coord-FG position at Forestar Group?
Land Development Coord-FG - 2407094
Description
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 Land Development Coordinator-FG. The right candidate will play an essential role in the communication and coordination of timely events involved with the land acquisition and development process in a region or division. This person assists with the pre-acquisition process, provides contract and vendor administration, manages budget tracking and communication, and coordinates LOC’s and Surety Bonds.
Essential Duties and Responsibilities include the following. Other duties may be assigned.
- Assist with the Pre-Acquisition process:
- Interface with the various departments involved and track the documentation and completion of the due diligence process by coordinating purchase and sales agreements, amendments and other agreements for review and necessary approvals
- Track the status of due diligence documentation and review
- Coordinate the filing of soft and hard copy files with Land Development Administrator, Real Estate Services and Legal
- Provide vendor and contract support including the following:
- Maintain bid spreadsheets and bid tabulations
- Create standard contract forms and exhibits for all new contracts
- Ensure that Real Estate Services receives fully executed contracts with the coding that coordinates with the current budget
- Assist analysts and development teams with the preparation, maintenance and communication of development operation budgets:
- Work with development directors and managers to coordinate jobs and contracts required for the project
- Assist Vice Presidents, Investment Managers and Development Directors with preparation of the original development budget and Budget Revision Worksheets (BRW) as well as obtaining the appropriate approvals
- Communicate with Real Estate Services regarding development start dates, projected end dates, Notice of Substantial Completion, Recorded plats and address plats, and actual development end date
- Verify that invoice coding is correct and coordinates with budget and includes any needed changes to budget in the monthly BRW
- Coordinate LOC/Surety bonds:
- Prepare the LOC/Surety bond request form and submitting it to DR Horton Treasury and Risk Management
- Obtain the approval of draft from the beneficiary
- Monitor and coordinate the cancellation of LOC’s and Bonds when applicable in order to reduce outstanding exposure
- Conducts all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company
- Ability to work overtime
- Ability to travel overnight
- Compile and maintain schedules as well as build and run reports that would be beneficial to the coordination of team efforts in a region or division
- Additional duties as requested by acquisition and development teams
Qualifications
Required Qualifications
Required Qualifications
- Associate’s degree or equivalent from two-year college or technical school; or three to five years related experience and/or training
- Two to three years of applicable real estate experience
- Ability to apply common sense understanding to carry out instructions furnished in written oral form or via Forestar applications
- Proficiency with MS Office and email including the ability to build and maintain reports and schedules in MS Excel
- 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 and peripheral vision
- The noise level is generally moderate
Preferred Qualifications
- Contract administration experience preferred
Come join a winning team! We are growing fast and are looking for enthusiastic attitudes and team players to join our success. We offer an excellent benefits package:
- Medical, Vision and Dental
- 401(K)
- Employee Stock Purchase Plan
- Flex Spending Accounts
- Life Insurance
- Vacation, Sick, Personal Time and Company Holidays
Job: Land
Primary Location: North Carolina-Wilmington
Organization: Forestar
Schedule: Full-time
Job Posting: Dec 4, 2024, 2:55:22 PM
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