Real Estate Investment & Development VP-FG

Forestar Group Inc. is a residential lot development company focused on delivering desirable communities for homebuilders in both established locations and long-term growth markets. The Company’s strategic relationship with D.R. Horton, the nation’s largest homebuilder, complements Forestar’s vision of creating neighborhoods that enhance the lives of community residents while creating value for shareholders, trade partners, and employees.

About the role

The Real Estate Investment & Development VP will assist the Senior Vice President or Regional President with the acquisition and development of specific real estate projects.

Responsibilities

• Manage assets for specific real estate projects
• Plan, direct, and coordinate acquisition and land development activities
• Oversee preparation of plats and plans, supervise the bid process for construction contractors
• Secure governmental approvals for development and construction with federal, state, and local jurisdiction officials
• Assist with budgeting and forecasting; responsible for execution and financial performance of projects
• Negotiate the acquisition of properties with landowners, attorneys, or brokers
• Prepare memoranda and other documentation and analytics for corporate approval for land buys
• Manage due diligence process on land acquisition opportunities, including initial master planning work in close coordination with internal design and land development teams
• Manage, coordinate resources for, and meet all entitlement needs for land acquisitions
• Monitor development phases and entitlement processes post-closing
• Responsible for Homeowner’s Associations (HOA) meetings for residential land developments and operate the HOA until residents assume control
• Build and maintain relationships with national, regional, and local home builders as well as commercial builders
• Lead or assist, where appropriate, with the negotiations for the sale of residential lots to homebuilders as well as commercial tracts to commercial builders
• Conduct all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company
• Manage day-to-day customer, partner, and/or vendor relationships
• Work with area municipalities and utility contractors
• Directly supervise 2 or more employees

Requirements

• Bachelor's degree from a four-year college or university
• Ability to apply commonsense understanding to carry out instructions furnished in written, oral, or via applications
• Proficiency with MS Office and email
• Ability to sit for the majority of an 8-hour workday; use hands to finger, handle, or feel; reach with hands and arms; talk and hear
• Specific vision abilities required include close vision, distance vision, color vision, and peripheral vision
• Moderate noise level in the work environment
• Valid driver’s license and vehicle
• Ability to travel overnight

Qualifications

• Seven to ten years of related experience (preferred)

Pay

Estimated compensation range: $175,000.00 - $215,000.00

Benefits

• Medical, Dental, and Vision insurance
• 401(K) plan
• Employee Stock Purchase Plan
• Flexible Spending Accounts
• Life & Disability Insurance
• Vacation, Sick, Personal Time, and Company Holidays
• Multiple Voluntary and Company-provided Benefits