Multifamily-Development VP - Coastal Carolinas

D.R. Horton; Wilmington (DE); On-site; USD 150,000 - 210,000; Full time

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 Ho l

Job summary

D.R. Horton, Inc. is seeking a Development Vice President–Multifamily to oversee all facets of suburban, garden-style multifamily developments. You will coordinate acquisition, pre-development planning, zoning, and lease-up through stabilization.

The role requires leading the market strategy, managing budgets, underwriting, and collaborating with internal teams and external partners to maximize returns.

Qualifications

• Bachelor’s degree in Business, Finance, Real Estate, or related field.
• Minimum of 10 years in multifamily real estate, development/acquisitions.
• At least 3 years of management experience.
• Valid driver’s license and access to a vehicle.
• Strong organizational and time-management skills.
• Effective oral and written communication, with ability to present to committees.
• Proficiency with MS Office and email.

Responsibilities

• Formulate and execute a market strategy to maintain a development pipeline.
• Direct pursuit, entitlement, design and development of multifamily projects.
• Oversee budgets, underwriting, schedules and quality standards.
• Source, identify, underwrite development opportunities.
• Coordinate with officials, brokers, consultants etc.
• Negotiate land contracts and purchase agreements.
• Oversee due diligence and underwriting pro-formas.
• Lead investment package development and presentations.

Skills

Leadership

Real estate development

Market strategy

Communication

Time-management

MS Office

Presentations

Education

Bachelor’s degree in Business/Finance/Real Estate

Tools

MS Office

Email

Job description

About the Company

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 subsidiaries. For more information, visit www.drhorton.com.

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

About the Role

Development Vice President–Multifamily is responsible for overseeing all aspects of new multifamily developments focused on suburban, garden‑style communities. The position coordinates acquisition, pre‑development planning and zoning, coordination with the parent‑controlled general contractor, and lease‑up through stabilization.

Essential Duties and Responsibilities

• Formulate and execute a market strategy to maintain a consistent development and construction pipeline by directing the pursuit, entitlement, design and development of multifamily projects.
• Implement and execute systems and processes to ensure pro‑forma development budgets, underwriting, schedules, and quality standards are met.
• Source, identify, select and underwrite development opportunities.
• Coordinate required activities with local officials, brokers, consultants, etc.
• Negotiate land contracts and purchase agreements.
• Oversee due diligence investigations.
• Oversee underwriting pro‑formas including market information, operating expense data, and estimated hard and soft costs.
• Project timeline and spending forecasts.
• Oversee required zoning, entitlement, and permitting activities.
• Oversee compilation of all components of investment packages.
• Lead presentations of development opportunities.
• Oversee various governmental/municipal approval processes.
• Coordinate with construction personnel to successfully meet budget and timing targets.
• Participate in decision‑making regarding product, mix, parking, and design.
• Manage consultant work and relationships.
• Work with internal Leasing Operations Manager and third‑party property management companies to maximize returns during lease‑up.
• Conduct all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company.

Supervisory Responsibilities

Manages two or more employees in the Operations Department. Responsibilities include interviewing, hiring, training, planning, assigning, directing work, appraising performance, rewarding and disciplining employees, and addressing complaints and resolving problems in accordance with organizational policies and applicable laws.

Qualifications

• Bachelor’s degree in Business, Finance, Real Estate, or a related field.
• Minimum of 10 years of experience in multifamily real estate, development/acquisitions with at least 3 years of management experience.
• Valid driver’s license and access to a vehicle.
• Strong organizational and time‑management skills.
• Maintain confidentiality.
• Effective oral and written communication skills with the ability to conduct presentations to the Investment and Executive Committees.
• Ability to apply common sense understanding to carry out instructions in written or oral form or via DRH applications.
• Proficiency with MS Office and email.

Preferred Qualifications

• Proactive, self‑directed, and highly motivated.
• Ability to analyze and effectively resolve problems.
• Excellent interpersonal skills; ability to relate to others and respond effectively to sensitive inquiries or complaints.

Benefits

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

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.