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D.R. Horton - Multifamily · 3 days ago

Build To Rent -Senior Disposition Manager - Arlington

Arlington, TX

Full-time

Onsite

Senior Level

7+ years exp

D.R. Horton, Inc., the largest homebuilder in the U.S., is currently looking for a Senior Disposition Manager. The right candidate will oversee monetizing of Build-To-Rent (BTR) investments through a disposition process in collaboration with various leaders across the company.

Construction

Responsibilities

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

Qualification

Disposition strategiesValuation analysisNegotiation skillsMS Office proficiencyReal estate experienceBroker relationshipsMulti-taskingCommunication skillsAttention to detailTeam collaboration

Required

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