Senior Capital Projects Manager, Multifamily Real Estate

Banner Property; Illinois; On-site; USD 130,000 - 150,000; Full time

Benefits offered by this job

Health insurance

Dental

Vision

401(k) with company match

PTO

Short-term disability

Long-term disability

Life insurance

Paid parental leave

Rent discounts

Job summary

Banner Property Management is seeking an experienced Capital Project Manager to lead capital improvement projects across our growing multifamily housing portfolio. This role acts as the owner's representative, identifying capital needs, developing scopes, managing bids, and overseeing contractor performance to ensure on-time, within-budget delivery and high-quality results.

Reporting to the Vice President of Construction, you will partner with property operations and leadership to preserve asset

Qualifications

• High school diploma or GED.
• Minimum of five (5) years of construction or capital project management experience.
• Demonstrated experience writing scopes of work, managing competitive bid processes, administering contracts, and overseeing contractor performance.
• Strong knowledge of multifamily building systems including roofing, HVAC, plumbing, electrical, building envelope, and common area renovations.
• Ability to diagnose root causes of building system failures and develop cost-effective solutions.
• Strong budget management and cost-control experience.
• Excellent organizational, communication, and project management skills.
• Valid driver's license and reliable personal vehicle.

Responsibilities

• Conduct site visits to assess property conditions, diagnose building system issues, and determine appropriate repair or replacement solutions.
• Develop scopes of work, bid packages, and project specifications for capital improvement projects.
• Solicit, evaluate, and negotiate contractor proposals based on scope, qualifications, pricing, and schedule.
• Award contracts and oversee project execution from mobilization through closeout.
• Manage multiple active projects across a multi-state portfolio while maintaining budget and schedule discipline.
• Review contractor invoices and change orders, ensuring costs remain aligned with project scope and market pricing.
• Serve as the primary capital project resource for regional managers, property teams, and operations leadership.
• Prioritize project requests based on life-safety concerns, asset preservation, and operational impact.
• Own project budgets from award through closeout and proactively identify cost risks before they become overruns.
• Monitor capital spending and provide variance analysis on active and completed projects.
• Collaborate with leadership to develop annual capital plans and budget forecasts.
• Identify opportunities to reduce capital expenditures through improved scoping, competitive bidding, and root-cause solutions.
• Ensure capital investments support long‑term asset performance and investor objectives.

Skills

Project management

Budget management

Communication

Building systems

Contract administration

Education

High school diploma or GED

Degree in Construction Management, Engineering, Architecture, Facilities Management

Tools

Property management software

Project management platforms

Job description

Banner Property Management is seeking an experienced Capital Project Manager to lead capital improvement projects across our growing multifamily housing portfolio. This role acts as the owner's representative, identifying capital needs, developing scopes, managing bids, and overseeing contractor performance to ensure on-time, within-budget delivery and high-quality results.

Reporting to the Vice President of Construction, you will partner with property operations and leadership to preserve asset