VP - Real Estate Investments & Development

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. Forestar’s vision is to be the nation’s leading residential lot developer. 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.

Forestar Group is currently looking for a Real Estate Investment & Development VP. The right candidate will assist the Senior Vice President or Regional President as appropriate with the acquisition and development of specific real estate projects.

Essential Duties and Responsibilities include the following. Other duties may be assigned.

• Manage assets for specific real estate projects
• Plans, directs and coordinates acquisition and land development activities
• Oversees preparation of plats and plans, supervises the bid process for construction contractors
• Secures governmental approvals for development and construction with federal state and local jurisdiction officials
• Assists with budgeting and forecasting, responsible for execution and financial performance of projects
• Negotiates 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 operates the HOA until residents assume control
• Build and maintain relationships with national, regional and local home builders as well as commercial builders
• Leads or assists where appropriate, with the negotiations for the sale of residential lots to homebuilders as well as commercial tracts to commercial builders
• Conducts all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company
• Must have a valid driver’s license and vehicle
• Ability to travel overnight
• Manages day-to-day customer, partner, and/or vendor relationships
• Work with area municipalities and utility contractors
  
  

Supervisory Responsibilities

• Directly manages 2 or more employees.
  
  

Required Qualifications

• Bachelor's degree (B. A.) from four-year college or university
• Ability to apply commonsense understanding to carry out instructions furnished in written, oral from or via DRH applications
• Proficiency with MS Office and email
• Ability to sit for majority of 8-hour workday; use hands to finger, handle or feel; reach with hands and arms; talk and hear. Specific vision abilities required by this job include close vision, distance, color vision and peripheral vision
• The noise level is generally moderate
  
  

Preferred Qualifications

• Seven to ten years related experience
  
  

Come join a winning team! We are growing fast and are looking for enthusiastic attitudes and team players to join our success. We offer an excellent benefits package:

• 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