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D.R. Horton

Builds and sells single-family homes across the US

Multifamily Development Associate

Real Estate DevelopmentConfirmed live in the last 24 hours
Full-timeAtlanta, GA, USANo salary listedIn-person

About the Job

Requirements

  • A bachelor's degree in Finance, Accounting, Economics, or a related field from a four-year college or university.
  • Three to five years of related experience and/or training.
  • Proficiency in advanced Excel financial modeling.
  • Proficiency in Adobe.
  • Ability to apply common-sense understanding to carry out written and oral instructions and instructions provided through DRH applications.
  • Proficiency with Microsoft Office and email.

Responsibilities

  • Source and underwrite development opportunities.
  • Prepare pro formas and financial projections for potential development projects.
  • Conduct field investigations, including creating rent studies from competitive properties, analyzing the immediate neighborhood, evaluating entitlements, and summarizing nearby land and multifamily apartment sales.
  • Manage zoning, entitlement, and permitting activities.
  • Underwrite projects by analyzing market information, operating expense data, and estimated hard and soft costs.
  • Establish project timelines and spending forecasts.
  • Compile components for investment packages.
  • Present development opportunities.
  • Coordinate with construction personnel as needed to meet budget and timing targets.
  • Work with third-party consultants on construction plans, entitlements, and financing.
  • Strategize with third-party property management companies to maximize returns during lease-up.
  • Support the Development team with dispositions, including preparing properties for sale, creating financial evaluations, selecting brokers, negotiating purchase and sale agreements, and working with buyers from due diligence through closing.
  • Establish and maintain communication and project progress with local officials, brokers, consultants, and others.
  • Participate in decision-making about product, mix, parking, and design.
  • Conduct business professionally and ethically to serve customers and increase company goodwill and profitability.

Desired Qualifications

  • Registration as a planner or engineer.
  • Experience with multifamily municipalities and entitlements.

About the Company

D.R. Horton

Builds and sells single-family homes across the US

D.R. Horton builds and sells single-family homes, townhomes and condominiums across the United States, mostly for first-time and move-up buyers. Most revenue comes from selling homes it builds on land it buys or controls through purchase contracts, with local divisions managing land, construction and sales. Its own mortgage lender, DHI Mortgage, and its title agency earn fees by financing and closing many of those purchases. The company also builds single-family and multifamily rental communities and sells them to investors once they are leased, adding a second home-sales channel. It was founded in 1978 in Texas and is headquartered in Arlington, Texas.

Company size
10,001+
Company stage
IPO
Headquarters
Arlington, TX
Founded
1978

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