Multifamily-Development Associate - Atlanta

D.R. Horton, Inc.; Atlanta (GA); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Medical, Dental and Vision

Employee Stock Purchase Plan

Flex Spending Accounts

Life & Disability Insurance

Vacation, Sick, Personal Time and Hols

Company Holidays

Job summary

D.R. Horton, Inc. is seeking a Development Associate - Multifamily in the Operations Department to support the direct development of assigned projects and assist the Managing Director.

The role involves underwriting opportunities, preparing financial projections, and coordinating with construction teams and consultants to meet budget and timelines. Applicants should have a Bachelor's in Finance/Accounting/Economics, 3–5 years of relevant experience, and strong Excel modeling skills.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics or related field.
• Three to five years of related experience.
• Proficiency in advanced Excel financial modeling.

Responsibilities

• Source and underwrite development opportunities.
• Prepare pro-formas and financial projections for developments.
• Conduct field investigations including rent studies and market analysis.
• Manage zoning, entitlement, and permitting activities.
• Perform underwriting analyzing market data and costs.
• Coordinate with construction personnel to meet budget and timing.
• Work with third party consultants on plans, entitlements and financing.
• Support disposition processes including sale preparation and negotiations.

Skills

Advanced Excel / Financial Modeling

Education

Bachelor's degree in Finance, Accounting, Economics or related

Tools

MS Office

Email

Job description

Job Description

Description

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 Development Associate - Multifamily in the Operations Department. The right candidate will be responsible for various tasks related to the direct development of assigned projects. Assist the Managing Director.

Essential Duties and Responsibilities

include the following. Other duties may be assigned.

• Source and underwrite development opportunities
• Prepare pro-formas and financial projections for potential developments projects
• Conduct field investigations which include: creating rent studies off the competitive properties, completing detailed analysis of the immediate neighborhood, high level evaluation of entitlements and in-depth summary of the land sales, and multifamily apartment sales in the immediate area
• Manage zoning, entitlement, and permitting activities
• Perform underwriting process, including analysis of market information, operational expense data, and estimated hard and soft costs
• Establish project timeline and spending forecasts
• Compilation of components for investment packages
• Presentation of development opportunities
• Coordinate with construction personnel as necessary 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 Development team in running the disposition process which includes, preparing properties for sale, creating financial evaluations, selecting brokers, negotiating purchase and sale agreements, and working with buyers from due diligence period through close
• Establish and maintain communication and progress with local officials, brokers, consultants, etc.
• Participate in decision making process regarding product, mix, parking, and design
• Conducts all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company

Qualifications

Education and/or Experience

• Bachelor's degree in Finance, Accounting, Economics or a related degree from a four-year college or university
• T hree to five years related experience and/or training
• Proficient in advanced Excel Financial Modeling
• 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
• Experience with Multifamily Municipalities and entitlement preferred

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, Dental and Vision
• Employee Stock Purchase Plan
• Flex Spending Accounts
• Life & Disability Insurance
• Vacation, Sick, Personal Time and Company Holidays
• Multiple Voluntary and Company provided Benefits

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