Multifamily-Development Associate - Seattle

Overview

Assist in sourcing, underwriting, and managing multifamily development projects.

Key Responsibilities

• underwriting
• proforma modeling
• zoning management
• investment packages
• market analysis
• construction coordination

Tasks

DHI Communities is currently looking for a Multifamily-Development Associate WA. The right candidate will will be responsible for various tasks related to the direct development of assigned projects. Assist the Managing Director. -Participate in decision making process regarding product, mix, parking, and design -Work with third party consultants on construction plans entitlements and financing -Coordinate with construction personnel as necessary to meet budget and timing targets -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 -Compilation of components for investment packages -Perform underwriting process, including analysis of market information, operational expense data, and estimated hard and soft costs -Source and underwrite development opportunities -Strategize with third party property management companies to maximize returns during leaseup -Establish and maintain communication and progress with local officials, brokers, consultants, etc. -Conducts all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company -Prepare proformas 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 indepth summary of the land sales, and multifamily apartment sales in the immediate area -Manage zoning, entitlement, and permitting activities -Establish project timeline and spending forecasts

Requirements

• overnight travel

What You Bring

-Ability to travel overnight

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Benefits

-Presentation of development opportunities

About DR Horton

-Offers a diverse range of homes designed to meet the needs of various life stages, ensuring that there is a home for everyone. -Renowned for commitment to quality and innovation, notably through the integration of smart home technology in their offerings, providing enhanced convenience and modern living experiences for homeowners. -Supports homebuyers and homeowners with a suite of tools and resources, facilitating a smooth and informed homebuying process. -Collaborates extensively with real estate agents to help clients find their ideal homes, demonstrating a strong commitment to customer satisfaction and community engagement.

Sector Specialisms