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Director of Construction
Remote - Southern California
A private-equity backed real estate asset manager focused on community-building and multi-family housing is looking for a remote Director of Construction to focus on their Southern California assets. The Director of Construction is responsible for the daily management, coordination and oversight of multi-family construction projects including successful project planning, cost management, execution, and closure. The Director will be focused on successfully achieving objectives related to cost management, bidding, contract administration, schedule tracking and facilitation.
Work closely with the real estate team to support strategic initiatives including acquisitions, dispositions, renovations, and ongoing capital projects. Provide internal assistance such as technical guidance, and or training to coworkers. Provide value engineering guidance as plans /projects are developing.
Identify and prepare scope of work, project resource requirements, project cost estimates and budgets, milestones and risks. Ensure that all concerns from internal constituents are incorporated accurately into the final plans.
Work closely with capital committee providing cost feedback before, during, and post project.
Aid in the preparation of property specific Capital Plans and Budgets.
Manage all pre-construction activities for successful project roll-out.
Develop and maintain successful client relationships with the property management staff (Community Manager, Regional Property Manager).
Execute and manage all subcontractors and vendors according to the executed contract(s) and project schedule.
Develop and manage successful relationships with management companies’ partners, architects, engineers and consultants.
Verify that quality of finished work meets expectations set forth within the executed contract, company policy and procedures.
Team with all project personnel to provide a safe jobsite per OSHA requirements and according to management companies policy and procedures.
Oversight of Project Engineer(s), Architect(s), Consultant(s) and other members of project team.
Report into Regional Senior Director of CapEx.
Coordinate with our Owners representative/ Architect of record.
Coordinate and act as liaison with local municipality for processing of architectural and engineering drawings assist in the preparation of submittal packages.
Assist in interviewing and qualifying potential Contractors/Vendor candidates for the specific project need.
Responsible for Project Scope Development, Bidding and Bid Qualifying process.
Responsible for the preparation and execution of construction contracts.
Director of construction will oversee the staging, startup and progress of the project.
Director of construction will maintain and report in the assigned company systems to track budgets, forecast costs, track project schedules and inspections.
Director of construction will track, and schedule project pencil draws and will ensure the timely delivery and submittal of all payment applications and to verify payment affidavit, lien releases, conditional and unconditional waivers and all or any documentation related to payments of the project. Prepare a complete package submittal for processing and payment.
Responsible for Project QA/QC.
Coordinate activities among the Company’s management, operations, transactional, legal, finance and accounting teams to develop and execute property-level and portfolio strategies
Assume material role in communicating and coordinating with the Company’s equity sponsor
Assume material role in research, analysis, developing and implementing asset-level strategic plans to drive value creation, including hold/sell analysis
Engage and direct property managers in development of operating budgets including capital and leasing plans; oversee property level operating activities
Oversee the quarterly reforecast process including leasing and management strategies; understands and communicates significant variances and when necessary revised strategies
Develop short- and long-term cash flow andvaluation models incorporating current market conditions. Maintains and updates models for significant changes to the market and assigned assets.
Identify the impact of how demographics, job growth, competition, tenant credit worthiness and other relevant factors can impact the strategy/value of assets
Review financial reports to monitor performance and achieve investment objectives
Prepare periodic and ad hoc reporting for internal and external clients
Manage and develop the analyst pool through training and career guidance ensuring their performance is in-line with group expectations
Assist in economic underwriting and due diligence for acquisitions and transition of acquisitions to asset management
Assume additional responsibilities and perform special projects as needed or directed
8+ years’ construction management experience in multi-family related construction or equivalent combination of technical training and related experience.
Bachelor’s degree in construction management, engineering, architecture, or related field. Equivalent experience may be considered as well.
Experience with construction cost estimating, proposal development, and construction administration.
Ability to interface with project partners (general contractors, sub-contractors, and vendors) through senior leadership.
Ability to lead, influence and direct others as needed.
Demonstrated ability to understand, analyze and communicate complex documents affecting real estate projects including drawings, surveys, and contracts.
Proficient in Microsoft Office.
Strong communication skills.
Ability to manage multiple projects simultaneously.
Strong detail orientation.
Proficiency with Construction Management software or equivalent.
Must demonstrate attention to detail and possess a strong ability to set strategic priorities.
Ability to travel 50-75% annually based on business requirements.
Excellent verbal and written communication skills.
Proficiency with the Microsoft Office suite of products (Word, Excel, Outlook, MS Project).