Project Manager, Multifamily Value-Add

Description

Ram Realty Advisors LLC ("Ram") is a real estate investment management firm specializing in multifamily, mixed-use, and grocery-anchored retail in select high-growth markets throughout the Southeast. The firm’s portfolio comprises assets across the investment risk spectrum, including core-plus, value-add, and opportunistic strategies. Founded in 1978, Ram and its predecessor entities have deployed over $5.0 billion of capital on behalf of institutional partners. The firm is headquartered in Palm Beach Gardens, Florida, and has offices in Tampa, Florida; Charlotte and Chapel Hill, North Carolina; and Nashville, Tennessee. 

Responsible for managing large-scale improvements in communities. Review and recommend authorization of all construction contracts. May involve recommended specification changes and/or additional bid solicitations when deemed appropriate. Work with on-site personnel to coordinate and other involved departments to expedite contract authorization. Obtain final decisions on field requests for modification of contract form requirements, including insurance, contract changes, special agreements and payment arrangements. Establish methods for monitoring on-going construction projects and progress reporting. The ideal candidate will possess a deep understanding of multifamily construction, interior unit renovations, common area improvements, and deferred maintenance with projects ranging from $15M to $50M.

Essential Duties and Responsibilities:

· Identify and monitor all major in-house and contract community improvement work. Provide monthly reports on significant problems and variances to appropriate personnel.

· Provide periodic review or inspection of work planned or in progress to ensure conformance to overall goals. Work closely with the Acquisition team, providing general information and support for Pre-Acquisition surveys.

· Assist Acquisition team with loan and due diligence inspections.

· Prepare and distribute bid packages to qualified vendors and conduct pre-bid meetings.

· Review contractors bid set against plans provided by 3rd parties to ensure accurate pricing of the job. 

· Review and approve all change orders provided by the contractors. 

· Direct the activities involved with the preparation of mock-ups.

· Manage, coordinate, and inspect contractor work while the project is in progress.

· Maintain an accurate/up-to-date project schedule, cost report, weekly reports, and progress photos.

· Act as a liaison between Property Management and the Construction Team.

· Ensure accurate and timely final billings from subcontractors and collect all final lien waivers, warranties, and as-builts.

· Must be able to manage a team as it relates to day-to-day renovation and repositioning projects and overall capital project oversight specific to an individual site. Develops scopes of work, timelines, and other needs and parameters around the planning of a capital improvement, renovation, or construction related project. 

· Travel Requirement: You will be expected to report to the properties that you are assigned to oversee daily.  This may entail overnight travel.

Requirements

These requirements represent the education, knowledge, skill, certifications/licensure and/or ability required to perform the job satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties noted above.

· Minimum of 7 years of experience in multi-family construction management, with a proven track record of successfully managing projects in the $15M-$50M range. Experience in both ground-up construction and historic renovations is highly preferred.

· Strong proficiency in construction management software and tools (e.g., Procore, ACC, Microsoft Project, Smartsheet, P6, etc.). Detailed knowledge of project scheduling, cost control, and project management systems.

· Demonstrated experience managing the project buyout process, including negotiating contracts, managing budgets, and tracking project costs.

· In-depth understanding of detailed project scheduling and the ability to manage competing timelines, resource allocation, and project milestones effectively.

· Ability to communicate effectively with internal teams, subcontractors, vendors, and clients. Excellent written and verbal communication skills.

· Experience with garden style, wrap, and/or podium multifamily construction projects.

· Strong relationships with regional subcontractors and vendors.

Nice to have:

· Prior experience with historic renovations or adaptive reuse projects.

These characteristics and skills are essential for success in this role:

· Demonstrated ability to work within a team environment across various functions/departments.

· Excellent communication skills, both written and verbal.

· Must be a critical thinker and have a comfort level challenging the status quo and/or conventional wisdom.

· Ability to deal with difficult decisions and conversations. 

· Ability to produce, review, analyze, and describe complex financial projections and related schedules. 

· A general understanding of financial statements, real estate econometric research reports, financing structures, and real estate related legal documents (loan agreements, leases, property management agreements, etc.).