Director Capital Projects

AvalonBay Communities, Inc.; San Francisco (CA); On-site; USD 137,000 - 228,000; Full time

Benefits offered by this job

Competitive benefits package

Job summary

Vivmark Residential seeks a Director of Capital Projects to lead a regional portfolio of investment and renovation initiatives across Southern California and Texas. The role demands strategic vision, strong financial modeling, and robust leadership of cross-functional teams.

You will partner with Asset Management, Investments, Design, Engineering, and Operations to deliver capital programs that enhance asset value and resident experience. Extensive travel is required.

Qualifications

• Bachelor’s degree in a related field required.
• 10+ years of experience in capital projects, development, asset management, real estate investments, construction, or related disciplines.
• 8+ years leading complex projects and cross-functional teams.
• Experience in multifamily, residential, or commercial real estate environments.
• Proven ability to manage multiple projects from concept to completion.

Responsibilities

• Lead a high-performing Capital Projects team across Southern California and Texas.
• Develop project scopes, budgets, schedules, underwriting analyses, and implementation plans.
• Oversee a regional pipeline of capital projects from concept through completion and turnover.
• Evaluate planning and execution processes to drive efficiency and risk reduction.
• Develop investment packages and provide executive reporting on project status and financial performance.

Skills

Leadership

Financial analysis

Strategic planning

Cross-functional collaboration

Stakeholder management

Risk management

Communication

Education

Bachelor’s degree in Business/Finance/Real Estate/Engineering

Master’s degree in Real Estate/Business Admin./Architecture/Engineering/Construction Mgmt

Job description

Director Capital Projects

Position Type:

Full time

Weekly Scheduled Hours:

40

State:

California

City:

San Francisco

Zip Code:

94105

Total Base Pay Range:

$136,500.00 - $227,500.00

Overview:

Vivmark Residential exists to set the mark for what home can be. Formed through the merger of AvalonBay Communities and Equity Residential, Vivmark brings together two industry leaders with a shared commitment to excellence, innovation, and delivering exceptional living experiences. Our vision is to be the most trusted and best-performing rental housing company in America - one that continues to get better as it grows. And we’re looking for people who want to help us do it.

As an owner, developer, and manager of more than 180,000 apartment homes in major markets across the US, we have the scale to offer something most companies can’t. At Vivmark, team members move up and across functions, markets, and disciplines, building lasting careers. We invest in team members’ growth, development, and capabilities that make them and us better, and we hold ourselves to the highest standard as an employer.

The best people want to work here. We hope you’re one of them.

The Role:

At Vivmark, we are focused on creating and improving communities that deliver long-term value for residents, investors, and stakeholders. We’re seeking an experienced and strategic leader to oversee a diverse portfolio of capital investment projects across Southern California and Texas.

The Director of Capital Projects will lead the planning, underwriting, design, execution, and performance reporting of capital projects that drive asset value, improve resident experience, and support business growth. This role combines project leadership, financial acumen, operational excellence, and team development to deliver successful outcomes across a dynamic project pipeline.

What You’ll Do:

Lead a High-Performing Capital Projects Team

• Provide leadership, coaching, and development for Capital Project Managers across Southern California and Texas

• Recruit, mentor, and develop talent while fostering a culture of accountability, collaboration, and continuous improvement

• Establish vision, priorities, and operating standards for the team

Drive Capital Investment Strategy

• Partner with Asset Management, Investments, Design, Engineering, and Operations teams to identify, evaluate, and prioritize capital investment opportunities

• Develop project scopes, budgets, schedules, underwriting analyses, and implementation plans

• Support due diligence efforts and assess project feasibility for renovation, repositioning, sustainability, and other value-add initiatives

Deliver Complex Capital Projects

• Oversee a regional pipeline of capital projects from initial concept through completion and turnover

• Ensure projects are delivered on schedule, within budget, and in alignment with quality standards and business objectives

• Coordinate internal stakeholders, consultants, architects, engineers, contractors, and vendors throughout project execution

Optimize Processes and Results

• Evaluate project planning, execution, and operational processes to identify opportunities for improvement

• Implement best practices that increase efficiency, reduce risk, and maximize return on investment

• Maintain knowledge of construction standards, design requirements, permitting processes, and regulatory considerations

Communicate Impact and Performance

• Develop investment packages, presentations, and business cases for leadership review

• Provide recurring executive reporting on project status, financial performance, risks, and key milestones

• Translate complex financial and project information into actionable recommendations

What We’re Looking For:

Required Qualifications

• Bachelor’s degree in Business, Finance, Real Estate, Economics, Architecture, Engineering, Construction Management, Accounting, or a related field

• 10+ years of experience in capital projects, development, asset management, real estate investments, construction, or related disciplines

• 8+ years leading complex projects and cross-functional teams.

• Experience within multifamily, residential, or commercial real estate environments

• Proven ability to manage multiple projects simultaneously from concept through completion

Preferred Qualifications

• Master’s degree in Real Estate, Business Administration, Architecture, Engineering, Construction Management, or a related field

• Experience executing large-scale renovation, redevelopment, sustainability, or value-add programs

• Strong financial modeling, underwriting, and capital planning experience

Key Competencies

• Capital planning and portfolio management

• Investment underwriting and financial analysis

• Strategic leadership and team development

• Construction, renovation, and development expertise

• Project execution and operational excellence

• Executive communication and stakeholder management

• Process improvement and change leadership

• Risk assessment and problem-solving

• Ability to influence across diverse teams and functions

• Strong written, verbal, and analytical skills

Travel: Regional travel required

How Vivmark Supports You:

We know that our teams are the beating heart of our success and we’re committed to showing our appreciation.

We offer:

• A competitive benefits package that supports your health, financial well-being, and work-life balance, including medical, dental, and vision coverage, a 401(k) with company match, paid vacation and company holidays, and exclusive team member housing discounts.

Additional Info:

Vivmark Residential is proud to be an equal opportunity employer and is committed to an inclusive and diverse work environment free of discrimination and harassment. We believe that in order to achieve our purpose of creating a better way to live, we must recruit, develop and retain associates with a wide range of backgrounds, experiences and perspectives and create an environment that encourages all voices to be heard, understood and appreciated. With this we know we can do great things.

Vivmark Residential makes employment decisions without regard to a person’s race, ethnicity, color, religion, sex, national origin, sexual orientation, gender identity, pregnancy (including childbirth, lactation or related medical conditions), age, physical or mental disability, genetic information (including characteristics or testing), citizenship status, military or veteran status, or any other status protected by the law.

Vivmark Residential will consider for employment qualified applicants with criminal histories in a manner consistent with requirements under the law.

Applications are being accepted on an ongoing basis.

Vivmark Residential does not require or request that you provide any information that identifies your age, date of birth, or dates of school attendance or graduation. Please redact this information prior to the submission of your application and/or leave these fields incomplete on your application.

For California residents, if you elect to apply to Vivmark Residential you accept the Vivmark Residential California Personnel Privacy Notice https://www.avaloncommunities.com/california-personnel-privacy-notice/