nareit logo

The Professionals’ Choice for Real Estate Jobs
  1. Home
  2. Find Jobs
  3. Director Of Construction (Real Estate)
Ashcroft Capital

Director Of Construction (Real Estate)

Salary
Competitive
Employment
Full Time
Real Estate Field
  • Construction
Location
Dallas
 TX
Postal Code
75206
Country
United States

Apply Now

Description


Director of Construction

(Oversight of all Capital Improvements)

 

Ashcroft Capital is a national multifamily investment firm with over $750,000,000 of assets under management spread over 8,000 units and 21 properties. The firm is focused on acquiring large apartment communities in DFW and Central/North Florida. Ashcroft seeks to improve the quality of life at each community by implementing large scale value-add business plans. All acquired assets were built from the 1970’s to 2005 and have various budgeted capital improvement projects, ranging from $2 to $7M. Typical scopes include renovating each apartment unit, rebranding the asset, roof repair/replacement, parking lot repair/reseal, landscaping, exterior paint and residing, carport construction, etc.  

 

Ashcroft Capital is seeking a full-time Director of Construction to oversee all capital expenditure projects and work alongside its third-party property management companies to streamline the construction process. The position requires a local DFW candidate. 

 


Responsibilities of the Position:

  • Work with acquisitions team to create initial budget for capital expenditures. 
  • Oversee the selection of contractors and vendors during the initial bidding process. 
  • Develop achievable construction schedule and maintain associated costs to complete projects within timeframe and budget.
  • Ensure each project is being performed with efficiency and quality in both the labor performed and quality of product delivered. 
    • Hold subcontractors accountable to our policies and procedures, quality standards, scheduling criteria, and scopes of work.
  • Manage day-to-day operational and tactical aspects of multiple projects in a supervisory role.
  • Increase ROI and add value by decreasing costs where possible by eliminating unnecessary capital projects or using more economic materials. 
  • Capitalize on economies of scale where possible in the portfolio. For example, the firm owns a large and growing portfolio in DFW. Where possible, order materials in bulk and contract large portfolio AIA agreements to reduce overhead, etc.
  • Work with accounting department;
    • On all billing and invoicing matters.
    • To ensure the accuracy of a monthly capital expenditure tracking spreadsheet on each asset. 
    • To execute and optimize the construction draw process on multiple construction loans. 
  • Identify and focus on critical issues related to costs and project logistics.

 

Requirements:

 

  • Minimum ten (10) years of professional experience and successful track record in multifamily real estate. 
  • A bachelor’s degree from an accredited university in Construction Management, Engineering, or related field.
  • Strong quantitative abilities, with advanced skills in Excel.
  • Excellent communication and listening skills with leadership experience.
  • Ability to work independently as well as in a collaborative team environment.
  • Based in DFW
  • Able to travel to FL when necessary

 

Preferred Experience/ Qualifications:

  • LEED, LEAN, AIA, EIT or PE, CHC and / or other related industry accreditations preferred.
  • Work experience in the greater Dallas / Fort Worth area markets preferred.
  • Knowledge of affordable housing programs (LIHTC, HOME, HUD, etc.)
  • Excel, Resman, OneSite, experience.

Job Functions


  • Construction
  • Project Management
  • Property Management
 

Job Sector


  • Residential
 

Experience


7+ to 10 years


Apply for this job


 
SelectLeaders is where real estate professionals and executives manage their careers, network and come for valuable information about their industry. © 2005 - 2019 SelectLeaders LLC