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This position will assist with the Redevelopment oversight of our Northeast (NY, NJ, CT, VT, NH MA, RI) senior housing portfolio . This role is responsible for scope development, creating renovation/asset plans, and developing and underwriting budgets to maximize the value of our assets. This is a REMOTE role that must ideally reside in NY, NJ, or CT.
KEY RESPONSIBILITIES
- Manages and mentors the day-to-day activity of Project Managers and Associates in their region to ensure superior quality of work, project deadlines are met, jobs are completed within budget and delivery of an outstanding internal/external and resident experience.
- Develop and underwrite written value-add investment plans for inter-company coordination as well as Operator engagement.
- Conduct site visits to evaluate physical plant condition and recommend value-add renovation scope(s) and Major CapEx requirements, if applicable, to enhance form and function of asset with a focus on driving financial performance.
- Coordinate with Capital Team to determine which items scheduled for CapEx could or should be completed in conjunction with Redevelopment.
- Select and engage all designers, planners, engineers, architects, decorators, and other third-party consultants as may be necessary in the redevelopment and construction of the project. Reviews potential design, coordination, and constructability issues; as needed, recommends necessary changes.
- Present and obtain internal ownership approvals for the project including market justification, unit interior and common area / amenity scope, cost, financial return, and business justification.
- Oversee and ensure the obtaining of all permits, external approvals, entitlements, and licenses necessary for the development of the project, including interaction with city inspectors and other city officials to ensure project meet city and local code standards.
- Develops annual capital plan and reforecast process with internal/external stakeholders.
- Responsible for all written evaluations of Project Managers and Associates in accordance with company timing guidelines.
- Provides weekly/monthly/quarterly status of work performed in their assigned region and maintains high level of communication with internal and external stakeholders.
- Advise the leadership regarding any recommended “change orders,” value engineering proposals, plan change recommendations, specifications, and budgets.
- Prepare and distribute RFP packages to qualified vendors, respond to RFI as required and responsible for final vendor selection ensuring optimal quality and budget pricing.
- Negotiate final cost and scope of work for all subcontracts, change orders and purchase orders as required.
OTHER DUTIES
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of this employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
TRAVEL
50% – (Ability to travel during 1-3 weeks per month; variable duration between 1-3 days typical)
MINIMUM REQUIREMENTS
- Bachelor’s degree in Construction Management, Architecture, Engineering, Real Estate, or a related field.
- Proven experience in project management, redevelopment, and construction, preferably in the senior housing or multi-family industry.
- Minimum of 7-10 years of relevant work experience with at least 3 years in a managerial or leadership role.
- Solid understanding of project management principles and practices, including scope development, budgeting, scheduling, and risk management.
Source: Welltower Career Page
