Build To Rent -Senior Disposition Manager - Arlington

Overview

D.R. Horton, Inc., the largest home builder 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 home buyers through its mortgage and title subsidiaries.

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.

• 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

• Supervises 2 or more employees

• 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 or 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

• Registered planner or engineer preferred
• Strong communication skills
• Ability to multi-task and attention to detail

• 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

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