Crown Advisors represents the real estate industry’s most sought after companies and positions including senior executives. Our clients trust us to find top quality candidates and we continually add new real estate, construction, and related opportunities to our list of active searches.
Active Searches
Vice President, Finance
Location:
Rockville, MD
Company Description:
Our client has been a leading provider of design, construction & maintenance services to the greater Washington market for over 50 years.
Position Description:
The Vice President Finance is a strategic, results driven leader responsible for overseeing all functional areas of the accounting department while maintaining an organizational overview of all budgets and expenditures. This position will also execute and provide accurate and timely support for all financial reporting.
JOB RESPONSIBILITIES/DUTIES
- Oversee, review, and ensure the accurate and timely completion of all accounting functions, including but not limited to general ledger, all journal entries, accounts payable, payroll and receivable functions
- Manage the year-end audit
- Manage various administrative functions
- Work with various stakeholders both internal and external to negotiate improvement
- Responsible for ensuring the internal control environment is operating effectively as well as suggesting and implementing improvements
- Assess procedures, processes, departmental structure and delegation of responsibilities including recommending modifications which may enhance efficiency, accuracy, security, and contribute to “best practices” within the organization
- Support and work with FP&A team to monitor and report on performance indicators, highlighting trends and analyzing causes of unexpected variance
- Responsible for managing the production and development of reports for use in monthly reporting and Board presentations
- Analyze complex financial information and reports to provide accurate and timely financial recommendations to management for decision making purposes
- Collaborate with other departments as an accounting subject matter expert to support information requests.
- Act as a resource for cross-functional strategic projects
- Collaborate with IT resources helping to design reporting and processes
- Challenge the status quo by consistently identifying areas for improvement, diagnosing issues and working to resolve them
- Work closely with the CFO on special projects as required
People
- Provide leadership, supervision, and development for the accounting team (approximately 6 – 8 staff)
- Bring out the best in team members, empower and constructively stretch talent
- Ensure all team members are provided feedback and have clear performance objectives aligned with department goals
- Accountable for the overall engagement, productivity, turnover and bench strength of the team
- Support the creation and maintenance of a talent succession plan
- Encourage others to freely share their point of view and be open to feedback
Cultural
- Model company code of conduct and core values and convey a positive image
- Take an active role in fostering a culture of continual learning, taking risks without the fear of making mistakes
- Embrace, champion and influence change through his/her team and/or the organization
QUALIFICATIONS
- CPA
- Minimum of 10 years of management experience with increasing leadership roles, including leading teams having a mix of transactional and professional staff
- Strong analytical, problem-solving, organizational and time management skills
- Energetic and inquisitive attitude
- Advanced Excel and Microsoft Office skills and able to learn new applications in support of responsibilities
- Able to analyze data and accurately and concisely summarize the analysis
- Able to change focus quickly and easily to accommodate current needs, and to work effectively and efficiently on multiple tasks simultaneously
- Able to successfully communicate (both written and verbally) technical concepts and processes to both technical and nontechnical staff, and to various levels of leadership
- Ability to lead, inspire, motivate, coach, and successfully supervise team
To learn more about this position, contact: Tom Callahan | (412) 348-1555 | tcallahan@crownsearch.com
Portfolio Manager or Senior Portfolio Manager
Location:
Pittsburgh, PA
Company Description:
Our client is a full-service, privately held developer, owner and operator of grocery-anchored retail real estate. As one of the leading retail developers in the U.S., they are highly focused on the ever-evolving, necessity-based marketplace, prioritizing properties that are an integral part of everyday life, anchored by the stability of grocery and enhanced by a strong tenant mix. Our client is fluent in all aspects of retail real estate, including acquisitions, development, leasing, and property management. They have successfully developed grocery-anchored shopping centers, neighborhood shopping centers and regional shopping centers ranging in size from 100,000 SF to over 1,200,000 SF.
Position Description:
Our client is looking for a Portfolio Manager or Senior Portfolio Manager to be based in Pittsburgh. The Portfolio Manager’s primary function is to gather information about the status of all aspects of the company’s multi-tenanted properties and serve as the primary resource as the provider of this information to the Vice President of Portfolio Management.
Job Responsibilities:
- Create the chart of NNNs for each center for leasing department’s use. Collaborate with Analyst Group to streamline and improve the current manual process which uses the prior year reconciliations, and tax and insurance expenses.
- Receive and review Sales Reports from Legal/Lease Administration and recommend next steps for non-compliant tenants.
- Work with outside counsel on coordinating tax appeals. Monitor tax appeal assessments and evaluations performed by third party consultants.
- Review and report annual grocery anchor sales per square foot data.
- Perform CAM/REA deep dives to ensure that Accounting is invoicing Tenants & REA owners according to their lease or pertinent REA/Declaration document; provide recommendations to VP on whether discounts/reductions are warranted.
- Perform a quarterly review of the LOC Borrowing Base and Compliance report provided by the Analyst group.
- Review Quarterly Variance Reports to measure and monitor property performance against budget. Report significant variances to VP and senior management.
- Responsible for preparing required reporting for VP to deliver to Joint Venture partners.
- Periodically visit and tour assigned properties, attend trade shows, meet with industry peers to gain information on peer company internal processes.
- Have proficient knowledge and understanding of various management and lease agreements to be able to research tenant/lease issues and make recommendations to VP.
- Collaborate with Leasing group and Accounts Receivable Specialist to assess prospective commercial tenants’ businesses and credit worthiness and to approve LOIs for prospective tenants.
- Annually review all rent rolls while creating/updating business plans. Work with Lease Administration and Accounting to make changes/corrections as needed.
- Collaborate with the Property Controller in the Accounting group on a quarterly basis to maintain and review ARGUS excel spreadsheets to help identify where there may be NOI issues.
- On a bi-annual basis and in collaboration with the Analyst group, monitor property level financial performance against original acquisition proforma.
- High level of participation and input in annual property budget process.
- Assist in annual property level allocation of Property and Casualty insurance premiums.
- Assist and participate in the construction loan process as needed.
Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Language Ability:
Ability to read, analyze, and interpret leases and other legal documents including easements, and title documents, general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
Math Ability:
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry.
Reasoning Ability:
Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
Computer Skills:
To perform this job successfully, an individual should have strong knowledge of Microsoft Office and be highly proficient in Microsoft Excel. Experience in MRI software and ARGUS software preferred.
Education/Experience:
Bachelor’s degree (B. A. / B. S.) from four-year college or university and 8-10+ years’ experience in the Retail Real Estate Industry is preferred.
Knowledge, Skills, and Other Abilities:
- Knowledge of commercial real estate transactions
- Proficient analytical thinker
- Attention to detail
- Professionalism
- Time management skills
- Teamwork skills
- Ability to thrive in a fast-paced and high-pressure environment
To learn more about this position, contact: Cindy Shoemaker | (412) 339-5374 | cshoemaker@crownsearch.com
Vice President, Leasing & Transactions
Location:
Philadelphia Metro
Company Description:
Our client is a full-service international industrial real estate developer, advisor and investor. Since 1998, the company has developed and acquired institutional grade industrial properties in over 52 markets across North America and Europe totaling more than 205 million square feet. From acquisition and joint ventures to construction and ongoing property management, the company provides creative solutions for its customers and realize long-term value for its partners. The company possesses a depth of capital, market expertise, industry relationships, and forward-looking vision to buy and build industrial properties that meet the logistics, distribution, and manufacturing demands of evolving markets.
Position Description:
The Vice President, Leasing and Transactions will be responsible for managing, implementing and completing transactions throughout the Northeast region, from Virginia up to New England. The hired candidate will be an integral part of the growing team working closely with the Market Leaders, Development Directors, and Associates located throughout the region. The individual must have direct experience in the Northeast region leasing commercial properties, sourcing land, building acquisitions, and development.
Responsibilities:
- Implement and execute property marketing strategies, manage all marketing collateral
- Develop and maintain relationships with customers, brokers, governmental officials, economic development authorities, and industry associations in the Northeast region
- Hire and manage third-party listing brokers
- Attend prospect tours
- Maintain and cultivate new broker relationship to stay in the deal flow
- Coordinate and prepare proposals for leases and build-to-suit projects with listing brokers
- Negotiate leases for speculative and build to suit transactions
- Participate in sourcing future land acquisitions for industrial development throughout the Northeast region with assistance of brokers and the entire team
- Work closely with the development team from project inception through disposition
- Underwrite transactions and develop proformas with the development and analyst teams
- Monitor competing developments with the assistance of our listing brokers
- Maintain research database of current and potential markets
Required Skills/Abilities:
- Ability to support and work within the Northeast region and corporate teams by gaining trust/confidence and demonstration of an alignment of interest with peers
- Excellent negotiation skills with ability to obtain favorable terms for the company while enhancing key relationships
- Ability to handle confidential information and protect intellectual privacy
- Strong organizational and analytical skills with exceptional attention to detail
- Excellent communication skills (verbal and written)
- Ability to work independently, multi-task, and self-manage deadline expectations across a team of independent project managers
- Demonstrate high level of professional demeanor, integrity, ethics, and leadership
- Proficiency in MS Office software applications
- Travel required
Education and Experience:
- Bachelor’s Degree preferred
- Extensive experience working in Real Estate, Brokerage or Development
- Proven experience with leasing and transactions in the Northeast region
- Established relationships with the local brokerage community
- Industrial real estate experience strongly preferred
To learn more about this position, contact: Christine Pinkerton | (919) 679-9149 | cpinkerton@crownsearch.com
Director / MD – Real Estate Debt
Location:
New York, NY
Company Description:
Our client is a leading full-service global investment bank. The company has net revenue of more than $1 billion, and over 1,500 employees.
Position Description:
We are currently seeking an individual to lead the expansion of our client’s current capabilities and build out a mortgage brokerage group to complement our client’s current equity JV focus. Other mortgage debt deal sourcing will come from our client’s fixed income salesforce, one-off capital raises, and opportunities to partner with our client’s municipal finance team focused on subsidies (TIF, PACE, etc.).
Qualifications:
- BA/BS degree with distinguished academic and extracurricular achievement
- 10+ years of experience in real estate lending, preferably as a mortgage broker
- Understanding of real estate fundamentals, finance, and trends
- Extensive lender relationships across banks, insurance companies, debt funds, etc.
- Strong team player with an entrepreneurial spirit to lead the build-out of the mortgage brokerage effort
To learn more about this position, contact: David Fischer | (770) 727-0299 | dfischer@crownsearch.com
Asset Manager
Location:
Ft. Lauderdale, FL
Company Description:
Our client is a Florida based family office focused on investments in multifamily properties throughout the Southeast and Southwest. They are long-term holders that pursue deals that show value and cash flow from day one. In existence for nearly 20 years, they began a full real estate strategy 2 years ago. They currently own 2500 units valued at $400M.
Position Description:
The primary job responsibilities include, but are not limited to, the following:
Overall Portfolio Management
- Responsible for the investment performance, reporting and strategic direction for a portfolio of multifamily assets.
- Develop and manage the implementation of asset strategies and operational initiatives aimed at maximizing values in the portfolio.
- Analyze and report on performance, budget variances and significant changes in market and property conditions.
- Coordinate the preparation and presentation of reporting to a variety of stakeholders including all owners and any external investors.
Property-Level Strategic Planning
- Create and oversee the business plan for each property. The business plan should address the overall investment strategy for the property, how it fits into the firm’s portfolio objectives, and strategies to increase property cash flow and/or value.
- Develop annual operating and leasing budgets, and a mid-year reforecast, for each property to include all revenues, expenses, and capital expenditures.
- Create and present detailed financial analyses to support recommendations and decision making for capital expenditures, leasing activities or other strategic initiatives, as needed.
- Actively collaborate with in-house and third-party leasing teams to execute leasing strategy, including analyzing the impact of various leases on asset performance.
- Analyze and monitor capital improvement and renovation programs as required for property maintenance, competitive positioning, or value enhancement.
Acquisitions and Dispositions
- Assist in underwriting new acquisitions.
- Participate in due diligence review of potential acquisitions with particular attention to assumptions regarding operations and operating expenses.
- Review, analyze and recommend property managers and/or leasing agents for new acquisitions.
- Transition acquired properties into the portfolio.
- Prepare financials and due diligence packages for potential dispositions.
Experience and Education
- Undergraduate degree, additional education preferred.
- Minimum of eight years of commercial real estate property/asset management and analytical experience.
- Significant real estate asset management experience with an owner.
Technical Skills and Qualifications Required
- Strong valuation, due diligence, and real estate financial analysis skills.
- Advanced proficiency with Microsoft Excel.
- In-depth understanding of property operations and leasing.
- Market analysis skills to support decisions concerning rent rates, capital improvement programs, leasing strategies and property repositioning.
- Independent, solution-oriented, and creative thinker.
- Strong understanding of commercial real estate concepts and valuation techniques.
- Excellent verbal and written communication, interpersonal, and presentation skills.
- Conscientious, self-directed, and entrepreneurial with the ability to work both independently and collaboratively with teams.
- Excellent organizational and planning skills with sharp attention to detail.
- Ability to work accurately and efficiently with an ability to succeed under tight deadlines.
- Ability to handle multiple projects simultaneously.
- Strong sense of personal motivation and responsibility.
To learn more about this position, contact: Jon Nowikowski | (412) 339-5376 | jnowikowski@crownsearch.com
Director of Construction
Location:
Atlanta, GA
Company Description:
Our client is on the leading edge of class “A” industrial real estate in the United States. They accomplish their mission by listening and responding to all involved parties, from tenants, to the surrounding community, to local governmental entities and investors. Founded in Atlanta, GA in 2019, our client’s leadership has over 100 years combined in the real estate development business and over 15M SF of development.
Position Description:
The Director of Construction will be responsible for the planning, coordination, and construction management activities of projects under construction and in pre-development.
RESPONSIBILITIES:
- Manages and monitors the construction activities of all projects under construction
- Possess knowledge of the overall construction process, which includes but is not limited to, budgeting and estimating, plan review, value engineering review, scheduling, reviewing of submittals and RFI’s, Pay App review and reconciliation, change order review, project close out and warranty related items
- Participate in the preparation of pre-development budgets and schedules for proposed projects from the initial phase including land use rights, entitlements and building permit approvals to the commencement and completion of construction
- Possess knowledge of the design and development process to include design consultant related contracts and management of the design process
- Actively manage the construction budget working closely with the general contractor on each specific project
- Act as primary contact for all active projects under construction or during pre-development and participate in all OAC meetings with the design team and general contractors
- Prepare project status reports and regularly review general contractor’s overall construction schedule and look ahead schedule
- Resolve field construction problems and change orders to minimize cost and schedule impacts
- Maintain quality control of all drawings and specs and confirm all details are captured within final “as-builts”
- Manage close-out and warranty process from general contractors and subcontractors
- Assist with future development opportunities and feasibility analyses
QUALIFICATIONS:
- Bachelor’s degree, preferably in construction management, engineering, or related field from an accredited institution AND/OR previous experience with a general contractor acting as a Project Manager, Superintendent or Project Engineer
- Five or more years construction experience related to industrial real estate
- Strong computer skills and familiarity with Microsoft Office Suite products and experience with project management related software systems commonly used in the general contracting space
- Strong work ethic and ability to work independently as well as within a group setting
To learn more about this position, contact: David Fischer | (770) 727-0299 | dfischer@crownsearch.com
Investment Director
Location:
Boston, MA
Company Description:
Our client is a fast-growing private equity investment firm with an excellent track record of protecting and growing investors capital through opportunistic investment strategies. They have successfully invested across Europe and the US in a wide range of commercial assets including office, industrial, retail and logistics.
Position Description:
The Investment Director will lead the sourcing and execution of new investment opportunities across the firm’s US strategies, including direct and co-GP real estate deals and private equity/venture capital investments in operating companies. In addition, the Investment Director will oversee the asset management function to ensure acquisitions meet underwritten performance expectations. The Investment Director will report directly to the CIO of North America.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Identifying and sourcing new investment opportunities, both within defined areas of focus as well as new strategies.
- Leading the underwriting, analysis and due diligence of those opportunities, including overseeing the production of deal business plans and presenting to the internal Investment Committee.
- Supporting the Investor Relations team on raising investor capital.
- Negotiation and execution of transaction documentation including purchase and sale agreements, joint venture agreements and debt and equity financing agreements.
- Procuring and execution of debt financing on each applicable deal.
- Oversight and management of the investment and asset management teams, including career development.
- Overseeing regular business and asset updates to the CIO, the Board and institutional investors.
SELECTION CRITERIA:
- Degree in business administration, real estate, finance, accounting, law or related field, ideally with full or partial post grad finance qualification or CFA.
- Minimum of 10 years’ experience working in real estate/private equity.
- Experience managing and leading a diverse team.
- Experience successfully underwriting and executing new investments.
- Strong written and verbal communication skills coupled with a balanced technical knowledge and good commercial acumen.
- Self-motivated and enthusiastic; multi-tasker.
- The company is very entrepreneurial, and employees must have that attitude in problem solving, work rate and empathy.
- High attention to detail and superb organizational skills, ability to manage concurrent projects and meet deadlines.
- Highly developed interpersonal skills, ability to relate well to other people at all levels, internally and externally. Team player – able to work effectively and collaboratively within a small dedicated team.
- Strategic thinker with good judgment and business sense. Entrepreneurial and open mind-set.
- High level of flexibility and professional and personal maturity.
To learn more about this position, contact: Natasha Brill | (786) 216-7281 | nbrill@crownsearch.com
VP, Land Acquisition, Single Family Rental
Location:
Tampa or Orlando, FL
Company Description:
Our client develops, acquires and operates high-quality apartment communities in desirable locations coast-to-coast. While they are a national company, they pride themselves on their ability to immerse themselves in their chosen markets – in other words, living and working in the communities where they operate. They combine deep understanding of each market with 30+ years of expertise and a fresh innovative approach to the apartment industry, to build relationships and places in which people thrive – creating real and enduring value for their residents, investors and associates
Position Description:
Our client is currently building out a vertically integrated Single-Family Rental division within the organization and need to hire an experienced VP of Land Acquisition with seven to ten years of experience to source raw land and acquisitions for this new, exciting SFR division of the company. This person will be based in Orlando or possibly Tampa and will report to the Southeast Region Head of Single- Family Rental. This person will come from either single-family rental or single-family for sale.
Essential Duties & Responsibilities
- Plan, direct, and coordinate all land acquisition activities
- Identify and qualify potential land acquisitions in alignment with division goals and strategy
- Manage the due diligence process on land acquisition opportunities, working closely with the Head of Single-Family Rental
- Manage, coordinate resources, and meet all entitlement needs for land acquisitions
- Maintain responsibility for developing departmental overhead budget and controlling the budget
- Manage the land/lot purchase contract process with division counsel, outside counsel, and region counsel
- Develop business community relationships and scout other avenues for possible acquisitions
- Negotiate the acquisition of properties with landowners, attorneys or brokers
- Prepare land valuation analysis and corporate budgets
- Prepare memoranda and other documentation and analytics for corporate approval for land buys
- Work alongside marketing and production team members to complete land feasibility studies
- Negotiate directly with landowners to secure prime sites at the best price
- Provide accurate timing for the proposed development analysis
- Work with the development team to ensure efficient use of land and cost-effective completion of a finished lot
- Understand and oversee site development, including local zoning, planning, and pricing
- Work with marketing team members to monitor competitive local home building and prices
- Participates in Company provided training such as fair housing, safety, non-discrimination, and harassment prevention.
- Complies with all Company National Standards, applicable health and safety rules and regulations, as well as applicable local, state, and federal laws.
- Ensures strict compliance with plans and communicates to the President of Single-Family Rental any critical issues
- Represent Client in the local community
Qualifications for Consideration
- 7 – 15 years of proven, successful land acquisition experience
- Bachelor’s degree
- Real Estate finance experience a plus
- Skilled in land deal structuring
- Background in land planning, zoning, law, and real estate
- Strong communication skills
- Creative thinking and attention to detail
- Able to travel overnight
- Homebuilding industry experience a plus
- Must have a vehicle and a valid driver’s license
To learn more about this position, contact: Cindy Shoemaker | (412) 339-5374 | cshoemaker@crownsearch.com
Project Manager – Interiors
Location:
Washington, DC Metro
Company Description:
Our client is a privately owned construction company established in 1961 and is regarded as one of the preeminent contractors for large scale projects in the greater Washington/Baltimore region. Accomplished with base buildings, interiors, and renovations, its culture is based on teamwork, performance, and attention to its clients’ needs. Its focus is on safety and quality with integrated expertise in sustainable construction and award-winning building information modeling (BIM) technology. 95% of its work is secured through negotiated, select bid, or best value procurements. It has expertise in ground-up commercial base buildings, education and community facilities, life sciences manufacturing and R&D, multifamily, industrial, and interior build-outs. The company has a strong focus on its employees and a commitment to diversity.
Position Description:
The Project Manager is responsible for the overall direction, successful completion, and financial outcome of the project. This position manages all project aspects so that the project is completed with quality and safety at the forefront, while meeting budget and schedule objectives.
Essential Duties & Responsibilities
- Enforce the company safety program in accordance with the company’s best practice policies, local, state, and federal laws.
- Develop new and maintain existing business relationships with Owners, Architect/Engineers, Construction Managers and Subcontractors as necessary to ensure future business opportunities.
- Possess a working knowledge of current market conditions including pricing conventions and trends.
- Develop and track leads for upcoming projects, actively work with Business Development Managers to bring in new work in line with the company’s pursuits. Participate in networking functions and industry organizations.
- Work in partnership with the Proposal Management team to create Pre-qualification packages, respond to RFPs providing narratives, logistic plans and schedules. Actively participate in interviews and presentations.
- Participate in the preconstruction and bidding process, providing constructability, schedule and process input, and development of subcontractor bid list and scope sheets. Represent the Company at pre-bid walkthroughs.
- Team with the Project Superintendent to provide leadership for the duration of the project. Provide structure to the project team, develop objectives/goals for each and assign individual areas of responsibility.
- Develop the initial project schedule; evaluate and update monthly or more often if required. Ensure that construction activities progress according to schedule.
- Participate in the procurement process in conjunction with the Purchasing Team; prepare scope of work, maintain procurement tracking log, and negotiate and prepare subcontract agreements.
- Manage multiple projects successfully at the same time.
- Oversee contractual performance of all subcontractor to ensure compliance to scope, schedule and quality. Participate in weekly subcontractor meetings with the Project Superintendent.
- Communicate with Architect, Owner and/or Construction Manager on all project issues, progress, budget, changes or modifications. Prepare for, organize and run Owner’s meetings on a regularly scheduled basis.
- Manage cost control system to ensure budget compliance. Track all potential change orders, owner change orders and prepare monthly cost to complete analysis.
- Submit, track and obtain building, occupancy and other permits as required for the project.
- Monitor the submittal and request for information process to ensure project requirements are met. If a Project Controls Manager is not assigned to the project, take primary responsibility for these items. Ensure coordination of trades and work being installed is per contract documents and of the highest quality.
- Prepare the monthly requisition to the Owner, review with Owner/Architect, revise as necessary, obtain approval and ensure timely project funding.
- Review and approve subcontractor applications for payment and vendor invoices.
- Manage the project close out process required for the project to facilitate timely release of retention.
- Mentor and train project team members to support their growth and development within the organization.
- Use latest technology and software to complete projects as assigned.
Knowledge, Experience, and Special Skills Required
- Demonstrated experience managing construction projects in excess of $3M.
- Bachelor’s Degree in Construction Management, Business, Engineering, or Related field
- Proven track record of client satisfaction and profitability
- OSHA 30 hour, First Aid and CPR certifications
- LEED Accreditation is a plus
- Proficiency in Microsoft Office 365, Procore, Bluebeam as well as an understanding of Primavera scheduling and BIM
- Strong written and verbal communications skills
- Ability to assess and prioritize multiple tasks, projects, and demands
- Excellent organizational and interpersonal skills
- Trustworthy, self-motivated, passionate and dedicated to high-quality work
- Ability to perform all duties in a digital/paperless environment
To learn more about this position, contact: Matthew McAulay | (704) 770-6110 | mmcaulay@crownsearch.com
Project Manager – Base Building
Location:
Washington, DC Metro
Company Description:
Our client is a privately owned construction company established in 1961 and is regarded as one of the preeminent contractors for large scale projects in the greater Washington/Baltimore region. Accomplished with base buildings, interiors, and renovations, its culture is based on teamwork, performance, and attention to its clients’ needs. Its focus is on safety and quality with integrated expertise in sustainable construction and award-winning building information modeling (BIM) technology. 95% of its work is secured through negotiated, select bid, or best value procurements. It has expertise in ground-up commercial base buildings, education and community facilities, life sciences manufacturing and R&D, multifamily, industrial, and interior build-outs. The company has a strong focus on its employees and a commitment to diversity.
Position Description:
The Project Manager is responsible for the overall direction, successful completion, and financial outcome of the project. This position manages all project aspects so that the project is completed with quality and safety at the forefront, while meeting budget and schedule objectives.
Essential Duties & Responsibilities
- Enforce the company safety program in accordance with the company’s best practice policies, local, state, and federal laws.
- Develop new and maintain existing business relationships with Owners, Architect/Engineers, Construction Managers and Subcontractors as necessary to ensure future business opportunities.
- Actively participate in industry organizations at committee level; represent the Company at networking functions, career fairs, trade shows, etc.
- Team with the Project Superintendent to provide leadership for the duration of the project. Provide structure to the project team, develop objectives/goals for each and assign individual areas of responsibility.
- Participate in the preconstruction and bidding process, providing constructability, schedule and process input.
- Work in partnership with the Proposal Management team in responses to RFPs, providing narratives, logistic plans and schedule input. Actively prepare for and participate in interviews and presentations.
- Work with the project scheduler to develop the initial schedule; evaluate and update monthly or more often if required. Ensure that construction activities progress according to schedule.
- Participate in the procurement process in conjunction with the Senior Vice President, prepare scope of work, maintain procurement tracking log, and negotiate and prepare subcontract agreements.
- Oversee contractual performance of all subcontractor to ensure compliance to scope, schedule and quality. Participate in weekly subcontractor meetings with the Project Superintendent.
- Communicate with the Architect, Owner and/or Construction Manager on all project issues, progress, budget, changes or modifications. Prepare for, organize, and run Owner’s meetings on a regularly scheduled basis.
- Manage cost control system to ensure budget compliance. Track all potential change orders, owner change orders and prepare monthly cost to complete analysis.
- Submit, track and obtain building, occupancy and other permits as required for the project.
- Monitor the submittal and request for information process to ensure project requirements are met. If an Assistant Project Manager/Project Engineer is not assigned to the project, take primary responsibility for these items.
- Prepare the monthly requisition to the Owner, review with Owner/Architect, revise as necessary, obtain approval and ensure timely project funding.
- Review and approve subcontractor applications for payment and vendor invoices.
- Manage the project close out process required for the project to facilitate timely release of retention.
- Mentor and train project team members to support their growth and development within the organization.
- Use latest technology and software to complete projects as assigned.
- Actively participate in industry organizations at committee level; represent the Company at networking functions, career fairs, trade shows, etc.
Knowledge, Experience, and Special Skills Required
- Demonstrated experience managing commercial construction projects in excess of $20M.
- Bachelor’s Degree in Construction Management, Business, Engineering, or Related field
- Proven track record of client satisfaction and profitability
- OSHA 30 hour, First Aid and CPR certifications
- LEED Specialty Accreditation
- Proficiency in Microsoft Office 365, Procore, Bluebeam as well as an understanding of Primavera scheduling and BIM
- Strong written and verbal communications skills
- Ability to assess and prioritize multiple tasks, projects, and demands
- Excellent organizational and interpersonal skills
- Trustworthy, self-motivated, passionate and dedicated to high-quality work
- Ability to perform all duties in a digital/paperless environment
To learn more about this position, contact: Matthew McAulay | (704) 770-6110 | mmcaulay@crownsearch.com
Vice President, Construction (Single Family)
Location:
Boca Raton, FL
Company Description:
Our client develops, acquires and operates high-quality apartment communities in desirable locations coast-to-coast. While they are a national company with 14 regional offices across the country, they pride themselves on their ability to immerse themselves in their chosen markets – in other words, living and working in the communities where they operate. They combine deep understanding of each market with 30+ years of expertise and a fresh innovative approach to the apartment industry, to build relationships and places in which people thrive – creating real and enduring value for their residents, investors and associates.
They are looking to buildout a new Single-Family Rental division within the organization and need to hire a VP, Construction, Single-Family Rental to be based in Boca Raton, Florida to oversee those efforts. This person will report directly to the Chief Construction Officer of the company.
Position Description:
The Vice President of Single-Family Rental will oversee all new initial construction activities for the SFR division. This is a new and exciting high-profile opportunity for an experienced construction leader in the single-family sector who has experience in management and oversight of single family residential construction, field supervision, scheduling, quality control, and resource management. The future expansion beyond the initial Southeast Region, and leading that effort, is a desirable role for the individual with an entrepreneurial spirit.
Responsible for maintaining project goals, schedule, and overall quality of the projects. Will manage and mentor on-site field associates and direct the work of subcontractors.
Principal Duties and Responsibilities:
- Provide pre-development input of construction techniques and job cost.
- Conduct material take-off prior to construction to schedule subcontractors, purchase order deliveries, and verify quantities.
- Create final project schedule and assist with providing qualified trades for the bidding process.
- Aid in compilation and review of all subcontractor scopes.
- Supervise and resolve subcontractor disputes and monitor quality of workmanship and materials on project.
- Oversee subcontractor submittals to construction and development departments.
- Maintain weekly status and safety reports on project for supervisory review.
- Directly supervise the activities of the field teams.
- Monitor execution of punch lists & quality control.
- Organize and execute schedule and safety meetings with subcontractors.
- Promote safety on the projects and monitor subcontractors’ work is in compliance with the comprehensive project safety program and assists with OSHA inspections.
- Review and approve subcontractors’ and suppliers’ pay requests.
- Manage all construction administrative functions on the projects.
- Oversee close-out of projects including finalizing as-builts and collecting close-out documents.
- Create a highly motivated team of Associates and trade partners at each community.
Education and Experience Requirements:
- Minimum of 3 years supervisory experience is required.
- Minimum of 10 years of experience in construction with at least 5 years in single-family construction is required.
- Bachelor’s degree in Construction Management or related field is preferred.
- Knowledge of construction management theory and practice.
- Must have thorough knowledge of single-family trades, ability to analyze construction documents, and ability to read blueprints.
- Knowledge of construction building codes and building methods.
- Knowledge of PC and of construction and business software, including scheduling, estimating, spreadsheets and word processing.
- Must have excellent written and verbal communication skills.
- Excellent organizational and time management skills, ability to take initiative, use good judgment, demonstrate a strong sense of urgency and follow-up and carry multiple projects through to completion.
To learn more about this position, contact: Margie Arcangelo | (239) 362-1335 | margie@crownsearch.com
Multifamily Investment Sales Executive
Location:
Southeast
Company Description:
Our client is a privately-held multifamily advisory firm serving the Southeast since 2003. With a proven history of multifamily specialization, attention to detail and a collaborative team approach, the company has brokered several billion dollars in apartment transactions and has developed a reputation for providing competitive advisory services that maximize value and build relationships with clients beyond the transaction.
Position Description:
We have been engaged to identify entrepreneurial multifamily investment sales executives in a variety of markets throughout the southeast. We are looking for success oriented individuals interested in building and growing a business within their market.
RESPONSIBILITIES:
- Identify potential apartment clients and conduct research to identify the best ways to assist them in achieving their investment real estate goals pertaining to valuation, acquisitions and dispositions
- Canvas prospective apartment clients and leads through a diverse set of approaches
- Organize and conduct meetings with prospective customers and clients
- Provide analytical support for cash flow and other financial analyses as well as gathering relevant market data and preparing market surveys
- Prepare presentations and propose business terms to prospective clients
- Help build strong client relationships by delivering “best in class” services which includes providing relevant information to clients on timely basis
- Communicate and problem solve daily with teammates, clients, vendors, and other stakeholders, often in combination with travel
NECESSARY ATTRIBUTES:
- Self-starter with extreme drive and a strong passion for commercial real estate
- Ability to manage stressful situations while maintaining a positive attitude and competitive edge
- Ability to adapt to sudden transaction changes and customer requests
- Good concept of financial analysis of real estate
- Strong written and oral communication skills
- Detail oriented, organized and efficient
- Ability to work productively in time sensitive situations
- Foster an atmosphere of mutual support
- Ability to take on challenges and recognize growth opportunities, and demonstrate patience when learning new processes
- Courtesy, respect, and thoughtfulness in teaming with colleagues and other stakeholders
This is an opportunity to join and participate in the growth of a well-established multifamily investment sales platform. This is a company that is recognized for its values and integrity and ranks at or near best in class in all important areas.
To learn more about this position, contact: Margie Arcangelo | (239) 362-1335 | margie@crownsearch.com
Chief Operating Officer / Chief Financial Officer
Location:
Washington, DC Metro
Company Description:
Our client is a privately held, fully integrated regional real estate development and investment company based in the Washington, DC metro area. They are a fourth generation company in growth mode, with a focus on creating high quality multifamily and mixed-use projects which are rich in detail and originality.
A vertically-integrated company with internal development, construction, and property management divisions, they are involved in every facet of the community-building process. From the initial site selection down to the quality finishing touches of each residence and building, they consider every detail to be paramount. The company has successfully developed over 13,000 homes and class A luxury apartments in the Mid-Atlantic region and completed over $3 billion in real estate transactions.
Position Description:
DUTIES AND RESPONSIBILITIES:
- The COO/CFO will have overall responsibility for the operations of the following departments: Finance and Accounting, Property Management (Commercial and Residential), Insurance and Risk Management. The COO/CFO will also interface directly with the Development and General Contracting Divisions.
- Report to President/CEO and partner with the CEO on key expansion and growth initiatives.
- Responsible for the optimization of the finance, accounting and property management departments.
- The COO/CFO will be a member of the investment committee and be part of the executive committee.
- Establish and conduct staff meetings and participate in development and investment meetings.
- Direct reports include a Chief Financial Officer and related finance and accounting staff, two Vice Presidents of Property Management.
- Apply sound financial discipline to all company operations in order to enhance profitability.
- The COO/CFO will have the intelligence and vision to understand the next step in the evolution of the company, the communication skills to convey that vision, the leadership skills to guide and motivate others, and the management skills to execute the plan.
- The COO/CFO will have shared values and will promote an entrepreneurial spirit within the vertically integrated organization.
SKILLS AND QUALIFICATIONS:
- The ideal candidate is currently in a COO/CFO hybrid role with a growing real estate organization. Current or near-term previous experience as a CFO is required.
- A respected senior leader and manager within the real estate investment and development industry with a strong finance and accounting background.
- A well-rounded executive that understands how to manage both real estate operations and people.
- A minimum of 10-15 years’ real estate industry experience.
- Academic: Bachelor’s degree required; MBA degree and CPA preferred.
- Experience with ground-up development and high-rise multifamily and mixed-use development lease-ups.
- Creative and hands-on problem-solver.
- Experience in managing existing properties and enhancing the overall/financial performance of same.
- Strong experience with class A luxury multifamily properties is required. Experience with commercial assets is also essential.
- Experience in real estate finance, investment and/or capitalizations.
- Strong financial experience; growth minded.
- Excellent presentation skills; ability to disseminate requested information in a clear and concise manner, both internally as well as externally to lenders, consultants or other third parties. Excellent written and verbal communication skills.
- Experience with an entrepreneurial real estate company. Strong preference to hire someone from a high-end multifamily developer whose properties have resort caliber amenities and hospitality-infused services.
CHARACTERISTICS AND TRAITS:
- Must be an individual with integrity and strong moral/ ethical beliefs.
- Must be innovative and be able to think “outside of the box”.
- Must be polished and articulate. Someone who can represent the company well in the wider financial and social communities.
- Must be a dynamic team player.
- A non-egocentric personality – open, candid, engaging, direct, considerate.
- Proven strategic thinker with a keen understanding of value creation.
- Results-driven, with the ability to manage multiple priorities and meet deadlines.
- Ability to work well with people up and down the organization hierarchy, as well as outside consultants.
- Dedication to providing the highest level of excellence in all areas of responsibility.
- This person should buy into the longer-term vision/values of the company and should see themselves spending the remainder of their career with the company.
To learn more about this position, contact: Natasha Brill | (786) 216-7281 | nbrill@crownsearch.com
Vice President, Development
Location:
Los Angeles, CA
Company Description:
Our client develops, acquires and operates high-quality apartment communities in desirable locations coast-to-coast. While they are a national company, they pride themselves on their ability to immerse themselves in their chosen markets – in other words, living and working in the communities where they operate. They combine deep understanding of each market with 30+ years of expertise and a fresh innovative approach to the apartment industry, to build relationships and places in which people thrive – creating real and enduring value for their residents, investors and associates.
Position Description:
The VP will assist in all development activities for the Los Angeles region. This entails the sourcing and execution of the development pipeline, including the pursuit, diligence, and acquisition of new development opportunities, managing the design process, reviewing each phase of the construction process and coordinating site specifications. Essentially, executing the development process from land acquisition thru stabilization while running the Los Angeles office.
Responsibilities include:
- Identifies development opportunities then executes and manages the pre-development feasibility assessment, acquisition, design, development, asset management and eventual disposition of the property.
- Oversees the development and construction of a property, including negotiating land contracts, entitling sites, developing budgets, and developing construction schedules.
- Ensures current cash flow and long-term market value of existing assets is maximized.
- Maintains relationships with brokers, land sellers, homebuilders, and investors.
- Interviews, hires, trains, and supervises Development Associates.
- Participates in Company-provided training such as fair housing, safety, non-discrimination, and harassment prevention.
- Complies with all Company National Standards, applicable health and safety rules and regulations, as well as applicable local, state, and federal laws.
- Ensures strict compliance with plans and communicates to the Senior Managing Director any critical issues.
Qualifications for consideration:
- Minimum of eight years of experience in Multi-Family real estate development that can include acquisitions and/or finance.
- Bachelor’s degree in Business, Finance, Economics, or Real Estate.
Key traits for success:
- Sourcing: A proven track record of sourcing new multifamily development deals in the Los Angeles region.
- Network: An established broker and landowner network in the region with a thorough understanding of market changes and forces that influence the organization.
- Work Ethic: Displays self-starting, self-motivated traits and excels in an entrepreneurial environment. Consistently delivers accurate and timely work product and accepts personal accountability for results.
- Composed: Resolves issues while professionally managing business relationships.
- Judgment and Decision-Making: Must have the ability to make sound decisions based on information gathered and analyzed. Consider all pertinent facts and alternatives before deciding on the most appropriate action.
- Intuitive: Understands project scope, purpose and audience; anticipates varying perspectives and inquiries; stays one step ahead of incoming requests based on business instincts.
To learn more about this position, contact: Chad Metz | (412) 348-1542 | cmetz@crownsearch.com
Vice President, Sales & Marketing
Location:
Salt Lake City area
Company Description:
Our client is a privately held real estate investor that owns a large; profitable; up and coming ski resort in the greater Salt Lake City region.
The owner recently hired a new CEO to lead the development of a new town center along with a variety of residential and hospitality projects. They currently have three lines of business: real estate development; events and hospitality; and mountain operations (skiing, mountain biking, hiking, etc.). While each line of business compliments the other; the core of the project is the real estate. This $750M development opportunity is entitled for 5,000 units of density which will provide the company significant flexibility to adjust the development plans as appropriate.
Position Description:
We are looking for a Director of Real Estate Marketing to build a comprehensive real estate marketing program. Develop marketing strategies and plans for the residential, commercial and hospitality components of the projects and communities. Help drive the business by building the brand to achieve year-round revenue targets. Oversee a newly created membership program, set strategy and compel results. Work with existing members and the community to cultivate prospective member leads. Develop projects and activities designed to increase and retain membership in the club
This ideal candidate will have resort and real estate sales and marketing experience. They must have a proven track record in directing projects from initial conception to completion. They will have proven success inspiring collaborative efforts across multiple business lines, brands and disciplines to achieve maximum results. Above all, they must have the ability to focus on what is important and create a sense of urgency while successfully managing multiple priorities. Implement all necessary tracking and follow-up mechanisms.
If you know of someone who should be considered for this role, or if you have questions or comments, please call or email.
To learn more about this position, contact: Margie Arcangelo | (239) 362-1335 | margie@crownsearch.com
Land Development Manager
Location:
Salt Lake City area
Company Description:
Our client is a privately held real estate investor that owns a large; profitable; up and coming ski resort in the greater Salt Lake City region. They recently hired a new CEO to lead the development of a new town center along with a variety of residential and hospitality projects. They currently have three lines of business: real estate development; events and hospitality; and mountain operations (skiing, mountain biking, hiking, etc.). While each line of business compliments the other; the core of the project is the real estate. This $750M development opportunity is entitled for 5,000 units of density which will provide the company significant flexibility to adjust the development plans as appropriate.
Position Description:
We are looking for a Land Development Manager who will be responsible for projects from the concept and planning level, through design, entitlement and ultimately the construction of the horizontal infrastructure. This includes roads and utilities for residential subdivisions, the town center and other hospitality projects. They will establish the engineering scope, land development budget, and sequence of construction phasing; prepare and solicit RFP’s for site improvements and negotiate general contractor agreements. The position will interact regularly with city officials, engineering and design consultants, excavators, and other development team members.
We are looking for a candidate experienced with land development projects in a mountain environment including: survey, permitting, zoning, design and construction. They will have extensive experience in site and subdivision design with supervisory responsibility. The candidate will be effective at managing the unexpected delays, interruptions, and problems that arise during the approval and construction process. They will have proven ability to work on and/or lead teams of third party Consulting Engineers and Contractors.
To learn more about this position, contact: Jon Nowikowski | (412) 339-5376 | jnowikowski@crownsearch.com
Managing Director, Development
Location:
Phoenix, AZ
Company Description:
Our client develops, acquires and operates high-quality apartment communities in desirable locations coast-to-coast. While they are a national company, they pride themselves on their ability to immerse themselves in their chosen markets – in other words, living and working in the communities where they operate. They combine deep understanding of each market with 30+ years of expertise and a fresh innovative approach to the apartment industry, to build relationships and places in which people thrive – creating real and enduring value for their residents, investors and associates.
Position Description:
The MD will lead all development activities for the Phoenix region. This entails the sourcing and execution of the development pipeline, including the pursuit, diligence, and acquisition of new development opportunities, managing the design process, reviewing each phase of the construction process and coordinating site specifications. Essentially, executing the development process from land acquisition thru stabilization while running the Phoenix office.
Responsibilities include:
- Identifies development opportunities then executes and manages the pre-development feasibility assessment, acquisition, design, development, asset management and eventual disposition of the property.
- Oversees the development and construction of a property, including negotiating land contracts, entitling sites, developing budgets, and developing construction schedules.
- Ensures current cash flow and long-term market value of existing assets is maximized.
- Maintains relationships with brokers, land sellers, homebuilders, and investors.
- Interviews, hires, trains, and supervises Development Associates.
- Participates in Company-provided training such as fair housing, safety, non-discrimination, and harassment prevention.
- Complies with all Company National Standards, applicable health and safety rules and regulations, as well as applicable local, state, and federal laws.
- Ensures strict compliance with plans and communicates to the Senior Managing Director any critical issues.
Qualifications for consideration:
- Minimum of eight years of experience in Multi-Family real estate development that can include acquisitions and/or finance.
- Bachelor’s degree in Business, Finance, Economics, or Real Estate.
Key traits for success:
- Sourcing: A proven track record of sourcing new multifamily development deals in the Phoenix region.
- Network: An established broker and landowner network in the region with a thorough understanding of market changes and forces that influence the organization.
- Work Ethic: Displays self-starting, self-motivated traits and excels in an entrepreneurial environment. Consistently delivers accurate and timely work product and accepts personal accountability for results.
- Composed: Resolves issues while professionally managing business relationships.
- Judgment and Decision-Making: Must have the ability to make sound decisions based on information gathered and analyzed. Consider all pertinent facts and alternatives before deciding on the most appropriate action.
- Intuitive: Understands project scope, purpose and audience; anticipates varying perspectives and inquiries; stays one step ahead of incoming requests based on business instincts.
To learn more about this position, contact: Chad Metz | (412) 348-1542 | cmetz@crownsearch.com