Assistant Project Manager - Construction/Development

Cannon Hill Capital Partners; New York (NY); On-site; USD 100,000 - 110,000; Full time

Job summary

An established industry player is seeking an Assistant Project Manager to oversee Tenant Improvement and Capital Improvement projects. This role involves managing budgets, coordinating with various teams, and ensuring projects align with company goals. The ideal candidate will have a strong background in commercial real estate and project management, with exceptional organizational skills. Join a dynamic team where your contributions will directly impact project success and drive value creation in real estate investments. If you're passionate about project management and want to work in a collaborative environment, this opportunity is perfect for you.

Benefits

Comprehensive medical, dental, and vision plans

401k

Paid time off

Annual performance-based discretionary bonus opportunity

Qualifications

• 5+ years of experience in commercial real estate development management.
• Highly motivated with strong project management skills.
• Exceptional organizational skills and ability to manage multiple tasks.

Responsibilities

• Manage all aspects of Tenant Improvement and Capital Improvement projects.
• Oversee cost estimating, budgeting, and financial management.
• Coordinate with Asset Management and Property Management teams.

Skills

Project Management

Financial Management

Budgeting

Construction Management

Customer Service

Organizational Skills

Education

Bachelor's Degree

Job description

Cannon Hill Capital Partners provided pay range

This range is provided by Cannon Hill Capital Partners. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$100,000.00/yr - $110,000.00/yr

Company Description:

Cannon Hill Capital Partners (“CHCP”) is a vertically integrated real estate investment management company that owns and manages a portfolio of approximately 9 million square feet across urban in-fill areas of the Northeast and Mid-Atlantic U.S. The Company pursues a diversified investment strategy incorporating office, life science, industrial, multi-family and unentitled land properties, as well as distressed situations of all property types. CHCP leverages best in class operating capabilities for value creation and superior investment performance. For more information, please visit www.cannonhillcap.com

Job Description:

Cannon Hill Capital Partners is currently seeking an Assistant Project Manager. This role is responsible for managing all aspects of Tenant Improvement (TI) and Capital Improvement (Cap-Ex) construction projects, from project conceptualization through completion. May also assist in managing major renovation and new construction projects. Will also act as Landlord Representative for 3rd party accounts. The primary overall responsibility is to manage all projects assigned in the best interests of the company and the ownership interests we represent.

Responsibilities:

• Financial Management - manage and oversee all cost estimating and budgeting for assigned construction projects, including soft costs, hard costs, and building related expenses. Review/approve all project related bills and administer orderly payment procedures. Review and processing of change orders from contractors, vendors and consultants. Manage costs against the budget, provide updates and forecasts as needed including any change orders which may be required. Responsible for Anticipated Cost Reports (ACR’s) for assigned projects. Review tenant reimbursement requests of TI Allowances, for projects being completed by Tenant’s separate contractors. Preparation/signoff of change orders to tenants on T.I. projects.
• Assist Project Executives in day-to-day responsibilities for managing larger scale projects.
• Coordinate with Asset Management, Property Management, and Property Accounting staff as needed.
• Project Scheduling: establish and manage project schedule including pre-construction and construction phases.
• Assist in procurement of design consultants (architect, engineers and other consultants as needed), and general contractors and/or construction managers as needed for assigned construction projects. Includes pre-qualification, preparation of RFP’s, soliciting and assessment of proposals, and oversight of contract preparation. Obtain insurance certificates from consultants and contractors. Review and preparation of construction contracts.
• Manage design consultants, general contractors and/or construction managers throughout the project in accordance with the project’s schedule and cost objectives.
• Construction Permitting- oversight of all necessary permitting for construction projects through Certificate of Occupancy. Direct management of such processes for all projects that are on behalf of Owner (such as cap-ex and turnkey TI); and monitoring of the process to confirm compliance, for projects being constructed directly by tenants.
• Interaction and Coordination with Asset Management & Leasing Operations- Meet with Asset Manager and Leasing representatives on a regular basis to discuss and plan upcoming construction projects and to review and report status of ongoing construction projects for both tenant improvement projects and cap-ex projects. Review/preparation of lease work letters. Coordinate issuance of substantial completion letters to tenant. For TI Allowance projects in which Tenant is responsible for the work using separate contractors, monitor the construction process to ensure conformance with lease requirements and to minimize impact to base building system, adjacent tenants, and property operations.
• Interaction and Coordination with Property Management – Regular interaction with Property Management during design, review of construction documents, and the construction phase of each construction project to avoid detrimental impact to the building systems, and to minimize inconvenience to the other tenants in the buildings during construction. Enforce, in coordination with Property Management, building rules and regulations for design and construction.
• Interaction and Coordinating with Tenants; Administration of Lease Provisions Relative to Construction on “Turnkey” projects or “Allowance” projects in which Landlord is responsible for construction – review and sign off by tenant of design documents and selection of finishes. Coordination of tenant supplied work such as communications and systems furniture. Support senior management and property management staff for "Landlord review" of design documents prepared by consultants, both directly engaged by Owner, and of design documents provided by tenant, for any projects designed by tenant's separate consultants.
• Develop and/or oversee cash flow projections for projects under management.
• Review/Approval of contractor, vendor, and consultant invoices. Interface with accounting and utilize “Nexus” system as needed.
• Support loan draw requests preparation, with respect to hard costs and soft costs.
• Completes all necessary reporting functions related to projects, including Monthly Reports, Quarterly progress/status updates, and working with accounting staff for quarterly re-forecasting of construction and project management volume and fees.
• Oversee cost tracking against Tenant Allowances. Review/approval of Tenant Allowance reimbursement requests in coordination with Asset Management/Leasing. Reconciliation and sign off with Tenants in tracking Tenant Allowance usage.
• Oversee maintenance of contract logs, change order logs, monthly project cost statements (including billings/cost to date, monthly requisitions and cost forecasts) for major renovation and development projects.
• Contractor, vendor, and consultant insurance compliance monitoring.
• Project Closeout- Monitor creation of punch lists by all project design team members and coordinate the timely and quality completion of architect’s and other consultants’ punch lists. Coordinate receipt of final documentation including manuals, warranties, keys, maintenance agreements and as-built drawings. Monitor and ensure the issuance of certificates of occupancy and other governmental occupancy approvals. Complete financial closeout of all accounts for project consultants, contractors, and vendors, including final payments, releases, bonds, etc.

Qualifications:

• Bachelor’s degree preferred or equivalent work experience
• 5+ years of experience in commercial real estate development management and/or commercial construction management
• Skilled with providing physical assessment of properties
• Highly motivated and deadline driven, project management skills
• Self-starter who can implement processes and drive accountability for the department
• Customer service skills with effective collaboration and follow-up
• Exceptional organizational skills including the ability to prioritize and manage multiple tasks
• Team player with the ability to interact effectively with all levels of the organization

Compensation:

• The salary range for this position is between $100,000 and $110,000, depending on several factors including but not limited to work experience
• Annual performance-based discretionary bonus opportunity
• Comprehensive benefits including medical, dental and vision plans, 401k, and paid time off

The worker is sitting most of the time but can often include tasks involving light work, exerting up to 20 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. The worker is required to have close visual acuity to perform an activity such as preparing and analyzing data and figures, viewing a computer terminal and extensive reading. The worker is constantly typing into a computer, and occasionally other office productivity machinery (such as a calculator, copy machine, and computer printer). The worker needs to move about inside the office to interact and assist tenants. May involved extended periods of standing. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

The position will require travel to other U.S. markets where Cannon Hill currently has assets or is considering new investment(s). The position will require occasional visits to construction sites to monitor progress. Jobsite visits may include entering controlled access areas to observe specific construction conditions.

The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job. Cannon Hill Capital Partners is an Equal Opportunity Employer. Qualified applicants will receive consideration without regarding to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Candidates interested in this position may send their resume via email to [e-mail]

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Project Management and Information Technology

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