Construction Project Manager - Multifamily Capital Projects

Clear Investment Group; Chicago (IL); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

401(k) with company match

Health and dental insurance

Paid time off and holidays

Travel costs covered when visiting job

Job summary

Clear Investment Group seeks a Construction Project Manager for multifamily capital projects in Chicago, IL. The role is office-based with ~30% travel to project sites; base salary $90K–$120K with bonus eligibility and full benefits.

The PM will own capital improvement projects, manage budgets and schedules, coordinate with Acquisitions, Asset Management, and Property Management, and drive successful renovations across occupied properties.

Qualifications

• Must have 5+ years managing construction or capital projects as PM/ref or GC PM.
• Renovation or CapEx experience in existing multifamily buildings, including occupied properties.
• Hands-on ownership of budgets, bids, change orders, and contractor selection.
• Experience running several projects or scopes at once without losing schedule or cost control.
• Willing to work from Chicago Loop office and travel about 30% to project sites.

Responsibilities

• Capital Project Delivery: plan and run multiple concurrent scopes across properties, from scope definition to closeout.
• Budgets & Cost Control: develop budgets, review bids, track costs, and manage changes.
• Contractors & Vendors: bid, select, negotiate, and ensure contracts are executed; manage vendors.
• Compliance, Safety & Reporting: ensure codes/OSHA compliance and report status to stakeholders.

Skills

PM experience

CapEx experience

Budget & bids

Multi-project leadership

On-site travel

Education

Bachelor's in Construction/Architecture/Engineering or related field

Tools

Smartsheet

Yardi

Job description

CLEAR INVESTMENT GROUP

Construction Project Manager – Multifamily Capital Projects

Chicago, IL · Office-Based with ~30% Travel · $90K–$120K Base · Bonus Eligible · Full Benefits

Lead the renovations that turn around distressed apartment communities across a growing national portfolio.

You'll own capital projects from budget to closeout: unit renovations, roofs, mechanicals, exteriors, and common areas, often several scopes at one property at the same time.

You'll sit on the owner's side of the table, working directly with Acquisitions, Asset Management, Property Management, and Finance on what gets built and why.

You'll grow with our next fund, as CIG acquires 300–1,500-unit portfolios in markets across the Midwest, South, and Northeast.

COMPENSATION

$90K–$120K Base + Bonus

LOCATION

Chicago Loop office · ~30% travel to project sites

ROLE TYPE

Full-Time · Exempt

ABOUT CLEAR INVESTMENT GROUP

Clear Investment Group is a Chicago-based real estate investment firm that buys and revitalizes workforce multifamily housing across the Midwest, South, and Northeast. Our homes serve working families, and our operating model rests on hands-on improvements to properties, teams, and systems. With a new equity fund targeting significant portfolio growth and a recently expanded leadership team in technology, construction, asset management, and finance, this is a moment to build, not just maintain.

COMPENSATION & BENEFITS

• Base salary of $90,000–$120,000, depending on experience
• Eligible for year-end and performance bonuses
• 401(k) with company match
• Health and dental insurance
• Paid time off and company holidays
• Travel costs covered when visiting project sites (airfare, lodging, mileage or rental car)

THE ROLE

The Construction Project Manager runs CIG's capital improvement and renovation projects from planning through closeout, on the owner's side. Our properties are older, often occupied, value-add communities, so a typical property has several scopes moving at once: unit turns and interior upgrades alongside roofing, mechanical, exterior, and common-area work. You'll report to the Director of Construction & Capital Projects and work closely with Property Management, Asset Management, Acquisitions, and Accounting.

WHAT YOU'LL OWN

Capital Project Delivery

• Plan and run multiple concurrent scopes at one or more properties, from scope definition and scheduling through punch list and closeout.
• Build project schedules and keep them current, flagging slippage early with a recovery plan.
• Walk sites regularly to monitor progress, quality, and workmanship against CIG standards.
• Coordinate with Property Management to sequence work around residents and keep disruption to a minimum.

Budgets & Cost Control

• Develop project budgets, review bids and estimates, and track actual costs against budget through the life of each project.
• Review and approve pay applications, manage change orders, and identify value-engineering opportunities that protect quality.
• Give Asset Management and Accounting regular, accurate updates on spend, commitments, and forecast to complete.

Contractors & Vendors

• Bid out work, select and negotiate with general contractors, subcontractors, and vendors, and make sure contracts are properly executed.
• Hold contractors accountable for schedule, quality, and safety, and build a dependable vendor bench in each market.
• Coordinate architects, engineers, inspectors, and municipalities as projects require.

Compliance, Safety & Reporting

• Ensure work complies with local building codes, zoning, permitting, and OSHA requirements.
• Identify risks to schedule and budget and resolve issues before they escalated.
• Report project status, budget, and risks to the Director of Construction and other stakeholders in a clear, consistent format.
• Support acquisitions with property condition reviews and CapEx scoping for newly acquired assets.

A TYPICAL WEEK

Most weeks you'll work from our Chicago Loop office, with site visits of 2–4 days a few times a month. In the office you might review a contractor's pay application, update a project budget for Asset Management, and level bids for a roof replacement. On site you might walk a building with the property manager, check renovated units against the punch list, and sort out a schedule conflict between two contractors working the same property.

WHAT WE'RE LOOKING FOR

Must-have

• 5+ years managing construction or capital projects as the project manager, owner's rep, or GC PM
• Renovation or CapEx experience in existing multifamily buildings, including occupied properties
• Hands-on ownership of budgets, bids, change orders, and contractor selection
• Experience running several projects or scopes at once without losing track of schedule or cost
• Willing to work from our Chicago Loop office and travel about 30% to project sites

Nice-to-have

• Class B/C, value-add, or distressed multifamily experience
• Experience with portfolios spread across multiple markets
• Bachelor's in Construction Management, Architecture, Engineering, or related field, or equivalent experience
• Smartsheet, Yardi, or similar project and property systems
• Working knowledge of local, state, and federal building codes and OSHA requirements

GROWTH

As CIG's portfolio grows, this role offers the chance to take on larger programs, more markets, and a bigger say in how CIG plans and delivers capital work.

EQUAL OPPORTUNITY

Clear Investment Group is a woman-owned multifamily real estate investment firm based in Chicago, IL. We are an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

CLEAR INVESTMENT GROUP · 105 W Madison Street, Suite 1700, Chicago, IL · clearinvestmentgroup.com