Build-to-Rent Region Director Job at D.R. Horton
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 at www.drhorton.com for more information.
D.R. Horton, Inc. is currently looking for a Build-to-Rent Region Director. The Build-to-Rent Region Director provides oversight of region-wide operations of single-family and townhome communities for rent.
- Prepare and analyze market research to evaluate investment opportunities and performance
- Advise in underwriting of potential sites by providing income and operating expense assumptions
- Contribute to drafting of business plans, capital forecasts, and operating budgets
- Participate in evaluation and design of prospective communities, including site planning, product selection, unit mix, and finishes
- Oversee the quality of the property management function (external or internal)
- Select property management companies and negotiate contracts with them and other vendors
- Monitor efforts of property management companies and serve as their primary owner contact
- Oversee a large portfolio of properties in various markets including several concurrent lease-ups
- Coordinate with property management to establish appropriate staffing necessary for lease-up and stabilization phases
- Set strategy and provide guidance to property management for lease rates to optimize gross rents and lease-up pace
- Direct marketing efforts including budgeting and scrutinizing the effectiveness of the marketing plan to maximize traffic, leasing activity, and rent rates
- Review production schedule updates for unit availability and facilitate communication between construction and property management to ensure coordination of pre-leasing and move-in timing
- Establish expectations for quality and procedures for unit acceptance and turnover protocol
- Manage approval process for all property operating decisions requiring owner’s consent
- Examine property income, expenses, and net operating income and performance versus budgets and lead coordinated effort to maximize profit and asset valuation
- Report to Corporate, Region, and Division personnel on ongoing basis about asset performance
- Advise division management on ideal production pace and construction sequencing
- Coordinate with division level build-to-rent management
- Perform property inspections as necessary to monitor effectiveness of property management, assess property conditions, and create action plans to resolve issues
- Collaborate in ongoing asset evaluation including Hold vs. Sell analyses
- Coach division personnel regarding excellence in leasing operations and implement best practices
- Conducts all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company
May directly manage two or more employees in the Region Department. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
Qualifications
Education and/or Experience
- Bachelor's degree from a four-year college or university
- Seven to ten years related experience and/or training
- Must have a vehicle and a valid driver’s license
- Excellent communication skills
- Ability to multi-task and excellent organization skills
- 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 Qualifications
- Prior experience in real estate asset management and/or property management preferred
- Ability to assemble and analyze market research
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, Vision and Dental
- 401(K)
- Employee Stock Purchase Plan
- Flex Spending Accounts
- Life Insurance
- Vacation, Sick, Personal Time and Company Holidays
Build YOUR future with D.R. Horton, America’s Builder. #WeBuildPeople2
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Job : Other
Job Posting : Mar 13, 2023, 1:00:00 AM
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