27 days old

Build To Rent - Disposition Manager

Arlington, TX 76015
*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 atwww.drhorton.comfor more information.


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



DHI Communities is currently looking for a*_BTR-Disposition Manager_*. The right candidate will be responsible for monetizing Build-To-Rent (BTR) investments through a disposition process in collaboration with the Asset Management team, Property Management team, and Home Building division team on a nationwide basis.



*Essential Duties and Responsibilities*include the following. Other duties may be assigned.

* Develop disposition strategies of BTR investments and determine optimal sell timing to maximize value and accurately forecast quarterly sale goals
* Manage the disposition process including broker selection, integrity/accuracy of offering materials, negotiate listing agreements, set valuation targets, coordinate investor tours, and maintain disposition trackers for reporting
* Work in a highly collaborative and advisory manner with cross-functional teams serving as the liaison between legal, home building division, asset management and property management and communicate effectively with the Managing Director of Disposition
* Manage the buyer due diligence process including establishing a data room for potential buyers, ensure data integrity and coordinate buyer questions
* Prepare valuation drivers including lease-up, rental rate, operating expense, cap rate, and investor required unleveraged/leveraged internal rates of return
* Interview potential buyers, negotiate purchase contracts, and manage the closing process from initial contract execution through closing including any post-closing obligations
* Identify and cultivate strategic relationships with leading investment brokers and investors, monitor market fundamentals and trends to understand pricing fluctuations and cap rates
* Conduct all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company
* Attend industry conference events to monitor BTR valuation trends
* Coordinate with asset management, property management and the home building division to meet disposition targets
* Strategize with the leasing team and third-party property management companies to maximize returns during lease-up
* Able to travel overnight



*Supervisory Responsibilities*

* Supervises 2 or more employees



*Required Qualifications*

* Bachelor's degree from a four-year college or university
* Five to seven years of related experience and/or training
* 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 preferred
* Strong communication skills



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, Vision and Dental
* 401(K)
* Employee Stock Purchase Plan
* Flex Spending Accounts
* Life Insurance
* Vacation, Sick, Personal Time and Company Holidays



*/Build YOUR future with D.R. Horton, Americas Builder./*

*/#WeBuildPeople2/*



Followus on social media @hortoncareers for an inside look at our company and connect with us on LinkedIn for up to date job listings!



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**Job:** **Operations*

**Organization:** **Home Builder*


**Title:** *Build To Rent - Disposition Manager*

**Location:** *TX-Arlington*

**Requisition ID:** *2203834*
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Industry

  • Residential
Posted: 2022-05-28 Expires: 2022-06-28

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Build To Rent - Disposition Manager

D.R. Horton, Inc
Arlington, TX 76015

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