Description
Job Description
Construction Services Manager
Raintree Partners is a real estate investment, development and operating company based in Dana Point, California. The company was formed in December 2007 to acquire value-add and ground-up multifamily development opportunities in Northern and Southern California. Since inception, Raintree has acquired or built 33 properties, is under construction on a project in Orange County and has 5 development sites in the entitlement process. Raintree remains an active investment and development company and continues to grow at a dynamic pace.
General:
- Develop and execute construction /capital expenditure improvement programs for multi-family properties.
- Reports to VP - Capital Projects.
- Function as an owners’ representative.
Acquisitions/Underwriting:
- Develop construction scope of work and budgets for new acquisitions at the direction of acquisition team. The budget will include immediate repair/deferred maintenance items, value-add renovations, and reserve items/on-going repairs over the investment hold period.
- Verify that the latest code enforcement requirements are included in budget assumptions.
- Arrange due diligence inspections and bid procurement with appropriate third-party contractors.
Operations/Execution:
- Design development – Coordinate design efforts among all consultants and RP staff. Develop scopes of work, take-off documents and specifications for same.
- Value engineering – Refinement of rehab budget/marketing curb appeal/theme.
- Distill vendor estimates, recommend and qualify contractors (references, licenses, insurance, etc.), negotiate terms (payment/schedule), and prepare contracts.
- Initiate coordination/kick-off meeting with asset management and property management – Establish staging details, sequence, schedule, scope, resident correspondence, etc.
- Manage enforcing agencies – Meet with city inspectors/representatives as necessary to coordinate project efforts.
- Confirm work is being completed consistent with the terms of partnership and lender agreements.
- Inspect job sites for progress, timing of completion, costs to complete, and quality control. Meet with contractors to discuss scope discrepancies, change order requests, trouble spots, etc.
- Create and document all capital approvals, maintain an accurate file of expenditures to date.
- Research and identify new subcontractors to maintain competitive pricing.
- Provide regular updates to RP staff.
- Meet with lender inspectors for loan draws – Discuss project completion guidelines, specification modifications, etc.
- Unit interior scope and specification development. Explore the possibility of hiring and supervising in-house or dedicated property management staff to perform unit interior renovations.
- Scheduling and supervision to minimize unit interior down time during renovation.
- Other duties as assigned.
Accounting/Reporting:
- Review/approve invoices.
- Manage preliminary capital approvals.
- Contract administration.
- Assist RP and property management accounting departments with timely payment processing.
- Oversee the upkeep of accurate insurance certificates, lien releases, etc.
- Close-out of retention payments, clean-up of any back charges.
- Packaging and binding of all completed contracts and warranty information following project completion.
- Job Cost reporting by scope of work with separate G/L code for individual unit interior upgrade components.
- Categorize items by source of funds.
QUALIFICATIONS
- Bachelor’s degree preferred but not required.
- Minimum of 5 years’ experience in residential construction/rehab (rehab strongly preferred).
- This position requires onsite presence at Raintree’s current and prospective communities throughout California. Travel to these locations on a recurring basis, in addition to Raintree’s main office in Dana Point, California, is an integral part of this team member's role.
Experience
5+ to 7 years
This job is no longer active.