Director of Capital Improvements

Cardone Capital is a leading multi family real estate investment firm with a portfolio of over 15,000 apartments across the Sunbelt region, with a strong concentration in Florida. Our mission is to deliver exceptional value to our investors, partners, and residents through strategic acquisitions, disciplined asset management, and operational excellence. Position Summary: The Director of Capital Improvements will be responsible for overseeing all capital improvement projects across a portfolio of apartment communities. This role ensures that all capital work is properly scoped, competitively bid, and executed efficiently and cost-effectively. The Director will also be responsible for developing short- and long-term capital plans, identifying and prioritizing improvements that enhance property value, performance, and resident satisfaction. Key Responsibilities: Lead the planning, bidding, budgeting, and execution of capital improvement projects across the portfolio. Ensure that all projects are competitively bid and contracts are awarded in line with company standards and pricing expectations. Develop and maintain a 1-year, 3-year, and 5-year capital improvement plan for each property in collaboration with asset management and property management teams. Conduct regular property inspections to assess physical condition and identify areas for improvement. Work closely with contractors, consultants, and vendors to ensure timely, high-quality project completion within budget. Monitor progress, resolve issues, and communicate status updates to internal stakeholders. Ensure compliance with all local, state, and federal regulations related to construction and property improvements. Evaluate return on investment (ROI) for capital initiatives and recommend improvements that align with strategic goals. Maintain detailed documentation and reporting on project scopes, bids, costs, and outcomes. Qualifications: Bachelor's degree in Construction Management, Engineering, Real Estate, or related field preferred. Minimum of 7-10 years of experience managing capital improvement or construction projects in multifamily real estate or a related industry. Proven experience in project bidding, contractor negotiation, and vendor management. Strong understanding of building systems, construction methods, and code compliance. Exceptional organizational and project management skills. Excellent communication and interpersonal skills. Proficient in Microsoft Office and project management software (e.g., Procore, Yardi, or similar). Preferred Qualifications: Professional certifications (e.g., PMP, LEED AP, or similar) a plus. Experience with value-add renovations or repositioning of multifamily assets. What We Offer: Competitive compensation and performance-based bonuses Health, dental, and vision benefits 401(k) Opportunities for career advancement in a high-growth environment A collaborative, entrepreneurial culture that values innovation and results