D.R. Horton, Inc. is the largest home builder in the U.S. and a publicly traded company on the New York Stock Exchange. DHI Communities is a multifamily development division of D.R. Horton, Inc.
DHI Communities is currently looking for a Development Analyst and this position will be heavily involved in the acquisition, development and asset management of multifamily investments.
Essential Duties and Responsibilities
- Collaborate with and support the Managing Director and the development team in evaluating new multifamily development opportunities, as well as support asset management of existing properties
- Prepare proformas and financial projections for potential development projects including underwriting rents, operational expenses, and project costs
- Assist in gathering due diligence reports and materials for development opportunities
- Provide support for acquisition, financing and disposition process for each new multifamily development
- Prepare financial modeling to support and guide acquisition and asset management decisions
- Prepare presentation materials on development opportunities for internal and external use
- Analyze and monitor financial performance of properties including financial modeling, benchmarking to budget, and collaborating with management in executing business plans
- Analyze the overall market and monitor industry trends
- 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
Required Qualifications
- Bachelor’s degree in Real Estate, Business, Finance, Economics or related field
- 1 to 3 years of commercial real estate, private equity, or investment banking
- Advanced Excel financial modeling (create original financial models for new scenarios with limited guidance)
- Excellent written and verbal communication skills, able to summarize conclusions and confidently present well-supported arguments for or against specific investment opportunities
- Highly organized and able to focus under pressure while balancing competing priorities and meeting tight deadlines with a high degree of accuracy
- Goal oriented, self-starter that takes initiative to effect change with continuous improvement in multifamily underwriting process
- 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
- Experience in retail underwriting and/or asset management a plus
- Big 4 accountancy firm experience
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
Salary Range: $60,000 – $90,000
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