D.R. Horton · 20 hours ago
Multifamily-Development Associate - Richmond
Midlothian, VA
Full-time
Onsite
Mid Level
3+ years expD.R. Horton, Inc. is the largest homebuilder in the U.S., and they are seeking a Development Associate - Multifamily to join their DHI Communities division. The role involves sourcing and underwriting development opportunities, managing zoning and permitting activities, and coordinating with various stakeholders to ensure project success.
Auto InsuranceInsuranceProperty Insurance
Responsibilities
Source and underwrite development opportunities
Prepare pro-formas and financial projections for potential developments projects
Conduct field investigations which include: creating rent studies off the competitive properties, completing detailed analysis of the immediate neighborhood, high level evaluation of entitlements and in-depth summary of the land sales, and multifamily apartment sales in the immediate area
Manage zoning, entitlement, and permitting activities
Perform underwriting process, including analysis of market information, operational expense data, and estimated hard and soft costs
Establish project timeline and spending forecasts
Compilation of components for investment packages
Presentation of development opportunities
Coordinate with construction personnel as necessary to meet budget and timing targets
Work with third party consultants on construction plans entitlements and financing
Strategize with third party property management companies to maximize returns during lease-up
Support Development team in running the disposition process which includes, preparing properties for sale, creating financial evaluations, selecting brokers, negotiating purchase and sale agreements, and working with buyers from due diligence period through close
Establish and maintain communication and progress with local officials, brokers, consultants, etc
Participate in decision making process regarding product, mix, parking, and design
Conducts all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company
Qualification
Required
Bachelor's degree in Finance, Accounting, Economics or a related degree from a four-year college or university
Three to five years related experience and/or training
Proficient in advanced Excel Financial Modeling
Proficient in Adobe
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
Registered planner or engineer
Experience with Multifamily Municipalities and entitlement preferred
Benefits
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
Company
D.R. Horton
America's Builder is a lofty title, but it's a goal we work toward every day. D.R.
5001-10000 employees
Funding
Current Stage
Late StageLeadership Team
Allison Roberts
Regional CFO
Ashley Johnson
Division CFO
Recent News
New Orleans CityBusiness
2026-01-11
2026-01-09
Company data provided by crunchbase