VP - Real Estate Investments & Development

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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. Its vision is to be the nation’s leading residential lot developer. The company’s strategic relationship with D.R. Horton, the nation’s largest home builder, complements this vision of creating neighborhoods that enhance community lives while creating value for shareholders, trade partners and employees.

Forestar Group is currently looking for a Real Estate Investment & Development VP
. The right candidate will assist the Senior Vice President or Regional President as appropriate with acquisition and development of specific real estate projects.

• Manage assets for specific real estate projects
• Plan, direct and coordinate acquisition and land development activities
• Oversee preparation of plats and plans, supervise bid process for construction contractors
• Secure governmental approvals for development and construction with federal, state and local jurisdiction officials
• Assist with budgeting and forecasting; responsible for execution and financial performance of projects
• Negotiate acquisition of properties with landowners, attorneys or brokers
• Prepare memoranda and other documentation and analytics for corporate approval for land purchases
• Manage due diligence process on land acquisition opportunities, including initial master‑planning work in close coordination with internal design and land development teams
• Coordinate resources for and meet all entitlement needs for land acquisitions
• Monitor development phases and entitlement processes post‑closing
• Hold Homeowner’s Association (HOA) meetings for residential land developments and operate the HOA until residents assume control
• Build and maintain relationships with national, regional and local home builders as well as commercial builders
• Lead or assist where appropriate with negotiation for sale of residential lots to homebuilders and commercial tracts to commercial builders
• Conduct 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
• Manage day‑to‑day customer, partner, and/or vendor relationships
• Work with area municipalities and utility contractors

• Directly manage 2 or more employees

• Bachelor’s degree (B.A.) from a four‑year college or university
• Ability to apply commonsense understanding to carry out instructions furnished in written, oral, or via DRH applications
• Proficiency with MS Office and email
• Ability to sit for majority of an 8‑hour workday and use hands, reach, talk and hear; specific vision abilities required include close vision, distance, color vision and peripheral vision
• Noise level generally moderate

• Seven to ten years related experience

• 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

Executive

Full‑time

Sales and Management

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