Multifamily-Development Associate - Atlanta

D.R. Horton

Atlanta (GA)

On-site

USD 70,000 - 110,000

Full time

14 days+

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Benefits offered by this job

Medical, Dental and Vision

401(k)

Employee Stock Purchase Plan

Flex Spending Accounts

Life & Disability Insurance

Vacation, Sick, Personal Time and…

Multiple Voluntary and Company-proiv

Job summary

D.R. Horton, Inc. is seeking a Development Associate - Multifamily to join the Operations Department in Atlanta, GA.

You will source and underwrite development opportunities, prepare pro-formas, conduct field analyses, and manage entitlements and permitting to drive project success. Collaborate with construction teams, third party consultants, and local officials to meet budgets and timelines while maximizing returns on multifamily investments.

Qualifications

Bachelor’s degree in Finance, Accounting, Economics or a related degree from a four-year college or university.
Three to five years related experience and/or training.
Proficient in advanced Excel Financial Modeling.
Proficient in Adobe.
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.

Responsibilities

Source and underwrite development opportunities.
Prepare pro-formas and financial projections for potential developments projects.
Conduct field investigations which include rent studies of the competitive properties, detailed analysis of the neighborhood, entitlements and land sales, and multifamily apartment sales in the area.
Manage zoning, entitlement, and permitting activities.
Perform underwriting analysis of market information, operating expense data, and estimated hard and soft costs.
Establish project timeline and spending forecasts.
Compile components for investment packages.
Present development opportunities to stakeholders.
Coordinate with construction personnel to meet budget and timing targets.
Work with third party consultants on construction plans, entitlements and financing.
Strategize with third party property management to maximize returns during lease-up.
Support development team in running the disposition process including preparing properties for sale and negotiating sales agreements.
Establish and maintain communication with local officials, brokers, consultants, etc.
Participate in decisions on product, mix, parking, and design.
Conduct business professionally to serve customers and increase goodwill and profit.

Education

Bachelor’s degree in Finance, Accounting, Economics or a related degree

Tools

Advanced Excel Financial Modeling

Adobe

MS Office

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
Three to five years related experience and/or training
Proficient in advanced Excel Financial Modeling
Proficient in Adobe
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: