Real Estate Investment & Development VP-FG

D. R. Horton

Midlothian (VA)

On-site

USD 150,000 - 230,000

Full time

14 days+
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Benefits offered by this job

Medical, Dental, Vision
Employee Stock Purchase Plan
Life & Disability Insurance
Paid vacation and holidays
Voluntary benefits

Job summary

Forestar Group Inc. is seeking a Real Estate Investment & Development VP-FG to support acquisition and development of targeted real estate projects. The role will assist senior leaders with due diligence, budgeting, and approvals while coordinating land development activities.

You will build relationships with national and local builders, oversee entitlements, and ensure regulatory compliance. A valid driver's license and ability to travel overnight are required.

Qualifications

  • Bachelor's degree required.
  • Ability to apply commonsense understanding to carry out instructions.
  • Proficiency with MS Office and email.

Responsibilities

  • Manage assets for specific real estate projects.
  • Plans, directs and coordinates acquisition and land development activities.
  • Oversees preparation of plats and plans, supervises the bid process for construction contractors.
  • Secures governmental approvals for development and construction with federal state and local jurisdiction officials.
  • Assists with budgeting and forecasting, responsible for execution and financial performance of projects.
  • Negotiates the acquisition of properties with landowners, attorneys or brokers.
  • Prepare memoranda and other documentation and analytics for corporate approval for land buys.
  • Manage due diligence process on land acquisition opportunities, including master planning with internal teams.
  • Manage entitlement needs for land acquisitions and monitor development phases.
  • Lead HOA meetings and operate the HOA until residents take control.
  • Build relationships with home builders and commercial builders.
  • Negotiate sale of residential lots and commercial tracts.

Skills

MS Office proficiency

Education

Bachelor's degree (B.A.) from four-year college or university

Tools

MS Office
Email

Job description

Job Description

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 Real Estate Investment & Development VP-FG. The right candidate will assist the Senior Vice President or Regional President as appropriate with the acquisition and development of specific real estate projects.

Essential Duties and Responsibilities

include the following. Other duties may be assigned.

  • Manage assets for specific real estate projects
  • Plans, directs and coordinates acquisition and land development activities
  • Oversees preparation of plats and plans, supervises the bid process for construction contractors
  • Secures governmental approvals for development and construction with federal state and local jurisdiction officials
  • Assists with budgeting and forecasting, responsible for execution and financial performance of projects
  • Negotiates the acquisition of properties with landowners, attorneys or brokers
  • Prepare memoranda and other documentation and analytics for corporate approval for land buys
  • Manage due diligence process on land acquisition opportunities, including initial master planning work in close coordination with internal design and land development teams
  • Manage, coordinate resources for and meet all entitlement needs for land acquisitions
  • Monitor development phases and entitlement processes post-closing
  • Responsible for Homeowner’s Associations (HOA) meetings for residential land developments and operates the HOA until residents assume control
  • Build and maintain relationships with national, regional and local home builders as well as commercial builders
  • Leads or assists where appropriate, with the negotiations for the sale of residential lots to homebuilders as well as commercial tracts to commercial builders
  • Conducts all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company
  • Must have a valid driver’s license and vehicle
  • Ability to travel overnight
  • Work with area municipalities and utility contractors
Supervisory Responsibilities

Directly manages 2 or more employees.

Qualifications
Required Qualifications
  • Bachelor's degree (B. A.) from four-year college or university
  • Ability to apply commonsense understanding to carry out instructions furnished in written, oral from or via DRH applications
  • Proficiency with MS Office and email
  • 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, distance, color vision and peripheral vision
  • The noise level is generally moderate
Preferred Qualifications
  • Seven to ten years related experience

Come joina winning team! We are growing fast and arelooking for enthusiastic attitudes and team players to join our success. We offer an excellent benefits package:

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