• Build To Rent -Senior Disposition Manager

    DR Horton, Inc. (Arlington, TX)


    *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.

    *D.R. Horton, Inc.*is currently looking for a*_BTR-Senior Disposition Manager_*. The right candidate will oversee monetizing of Build-To-Rent (BTR) investments through a disposition process in collaboration with the Asset Management Leaders, Property Management Leaders, and Home Building Division Leaders on a nationwide basis.

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

    * Create and develop disposition strategies of BTR investments and determine optimal sell timing to maximize value and accurately forecast quarterly sale goals

    * Oversee 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 and Senior Executives

    * Lead the buyer due diligence process including establishing a data room for potential buyers, ensure data integrity and coordinate buyer questions

    * Review and analyze 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

    * 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

    * Conduct all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company

    * Ability to travel overnight

    * *

    *Supervisory Responsibilities*

    * Supervises 2 or more employees

    Education and/or Experience

    * Bachelor's degree from a four-year college or university

    * Seven to ten 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

    * 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 and peripheral vision

    * The noise level is generally moderate

    Preferred Qualifications

    * Registered planner or engineer preferred

    * Strong communication skills

    * Ability to multi-task and attention to detail

     

    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, 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*/**/*

    */*Build YOUR future with D.R. Horton, America’s Builder.** */**/*#WeBuildPeopleToo*/*

    */*#DHICommunities */**/**/*

    **Job:** **Operations*

    **Organization:** **MultiFamily / Communities*

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

    **Location:** *TX-Arlington*

    **Requisition ID:** *2600043*