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Build To Rent - Disposition Manager

Company: D.R. Horton, Inc
Location: Arlington
Posted on: June 18, 2022

Job 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 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! LinkedIn, Twitter, Facebook, Instagram **Job:** **Operations* **Organization:** **Home Builder* **Title:** *Build To Rent - Disposition Manager* **Location:** *TX-Arlington* **Requisition ID:** *2203834*

Keywords: D.R. Horton, Inc, Arlington , Build To Rent - Disposition Manager, Executive , Arlington, Texas

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