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CapEx & Construction Project Manager

ZipRecruiter, Chicago, Illinois, United States, 60290

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Job DescriptionJob Description Company Overview Clear Investment Group is a boutique real estate investment firm in Chicago specializing in rehabilitating and stabilizing distressed multi-family assets. We operate across the Midwest, South, and Northeast, acquiring and improving distressed properties to add value to communities.

Our core values:

Get it Done

Ride the Wave

Add Value

Exhibit Passion

Title: CapEx & Construction Project Manager Department:

Construction & Capital Projects Reports to:

Director of Construction & Capital Projects Job Type:

Office-based in Chicago Loop; Travel as needed (estimated 25-40%) Compensation & Benefits

Competitive base salary ($90,000 - $115,000 DOE) commensurate with experience

Year-end and performance bonuses

401(k) plan

Health & dental insurance

PTO and Holidays

Overview We are seeking a

CapEx & Construction Project Manager

to support capital improvement and renovation projects across our real estate portfolio. You will be responsible for managing the construction process from project inception through completion, working closely with internal teams, external contractors, and consultants. The ideal candidate is detail-oriented, highly organized, and eager to learn in a fast-paced, dynamic environment and excels at communicating project progress and needs to internal stakeholders.

Key Responsibilities

Project Oversight & Management: Oversee aspects of capital projects including planning, budgeting, scheduling, and execution. Ensure projects are completed on time, within budget, and to the required quality standards.

Budget & Cost Control: Develop detailed project budgets, review estimates, and track expenses throughout the lifecycle of the project. Coordinate frequent updates to internal teams, including Property Management and Accounting. Identify opportunities for cost savings while maintaining quality standards.

Contractor & Vendor Management: Manage relationships with contractors, vendors, and subcontractors. Ensure that contracts are executed properly, timelines are adhered to, and quality expectations are met.

Risk Management & Problem Solving: Identify potential risks to project timelines, budgets, or quality. Develop mitigation strategies and resolve issues promptly to keep projects on track.

Coordination with Internal Teams: Work closely with the investment, property management, and finance teams to align project goals with the firm’s overall business strategy.

Compliance & Safety: Ensure all projects comply with local building codes, zoning laws, and regulations. Enforce safety standards on-site and ensure adherence to OSHA guidelines.

Reporting & Communication: Provide regular updates on project progress, budget status, and any potential delays or issues to department head.

Quality Assurance: Monitor construction quality and craftsmanship to ensure that final deliverables meet the firm’s standards and client expectations.

Tenant & Occupant Considerations: If the property is occupied during construction, coordinate with property management to ensure minimal disruption to tenants and occupants.

Qualifications

Bachelor’s degree in Construction Management or related field ().

Minimum of 5 years of experience in construction or capital project management.

Strong understanding of construction methods, contract negotiation, project scheduling, and budgeting/value-engineering.

Specific project experience with renovating existing buildings is required.

Knowledge of relevant local, state, and federal building codes and regulations.

Exceptional organizational, communication, and leadership skills.

Ability to work under pressure, manage multiple projects simultaneously, and meet deadlines.

Proficiency with project management software (e.g., Smartsheets) and Microsoft Office Suite.

Strong problem-solving skills, ability to pivot quickly, and attention to detail.

Willingness to travel as needed (approx. 25-40%).

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