Multifamily-Development Associate - Seattle
D.R. Horton
Assist managing director with multifamily development, underwriting, permits, and finance.
4 days ago ago
$90,000 - $115,000
Intermediate (4-7 years), Junior (1-3 years), Expert & Leadership (13+ years), Experienced (8-12 years)
Full Time
Kirkland, WA
Hybrid
Company Size
10,000 Employees
Service Specialisms
Home Construction
Warranty Services
Mortgage Financing
Title Services
Insurance Services
Sector Specialisms
Residential
Homebuilding
Mortgage Financing
Title Services
Insurance Agency Services
Lot Development
Entry-level Homes
Luxury Homes
Role
What you would be doing
market analysis
investment packets
disposition support
proforma modeling
underwriting
entitlements
- 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
- Conducts all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company
- Compilation of components for investment packages
- 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
- Strategize with third party property management companies to maximize returns during lease-up
- Prepare pro-formas and financial projections for potential developments projects
- Coordinate with construction personnel as necessary to meet budget and timing targets
- Participate in decision making process regarding product, mix, parking, and design
- Establish and maintain communication and progress with local officials, brokers, consultants, etc.
- Perform underwriting process, including analysis of market information, operational expense data, and estimated hard and soft costs
- Establish project timeline and spending forecasts
- Manage zoning, entitlement, and permitting activities
- Source and underwrite development opportunities
- Work with third party consultants on construction plans entitlements and financing
What you bring
excel
ms office
adobe
registered planner
finance degree
3-5 years
- Experience with Multifamily Municipalities and entitlement preferred
- Three to five years related experience and/or training
- Ability to travel overnight
- Proficient in advanced Excel Financial Modeling
- 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
- Proficient in Adobe
- Registered planner or engineer
- Bachelor’s degree in Finance, Accounting, Economics or a related degree from a four-year college or university
- Employee Stock Purchase Plan
- Presentation of development opportunities
- Flex Spending Accounts
- Medical, Dental and Vision
- Multiple Voluntary and Company provided Benefits
- Life & Disability Insurance
- Vacation, Sick, Personal Time and Company Holidays
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Interview process
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Visa SponsorshipInformation not given or found
Security clearanceInformation not given or found
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Company
Overview
- A prominent homebuilder that has expanded to become one of the largest in the United States.
- Offers a wide range of housing options, including single-family, multi-family, and luxury residences.
- Operates nationwide, creating communities tailored to diverse customer preferences.
- Committed to providing affordable and high-quality housing solutions.
- Engages in both residential and commercial real estate development.
- Known for delivering projects on time and within budget.
- A leader in modern design and energy-efficient living solutions.
- Expanded significantly into the luxury housing market with notable projects.
- Demonstrates strong financial health and consistent growth in revenue.
- Accountability
- Diversity
- Quality
- Collaboration
- Passion
- Integrity
- Leadership
2023 Inclusion
Dow Jones Sustainability Index
Recognized for sustainability performance and added to the Dow Jones Sustainability North America Index in 2023.
Scope 1&2 Emissions
Fiscal 2022 Calculation Completed
Successfully calculated greenhouse gas emissions for Scope 1 and 2 for the fiscal year 2022.
- Began internal tracking of various ESG metrics in 2020
- Performed initial ESG risk assessment in 2021
- Commenced data collection for baseline Scope 1 & 2 greenhouse gas emissions in 2022
- Completed CDP climate questionnaire in 2023
- Board oversight of key ESG matters via Nominating and Governance Committee
- Commitment to perform Scope 3 readiness assessment and consider GHG reduction targets
- Energy-efficiency features included in homes from site selection through construction
2021
Human Capital Report Published
Published a comprehensive human capital document that includes quantitative demographics and EEO-1 data, demonstrating transparency in diversity metrics.
- Operates focus groups and specialized training on diversity & inclusion.
- Partners with AREAA, NAMMBA, NAREB and NAHREP to support women and minority mortgage bankers.
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