Fairstead is now seeking a Director, Construction Management in a growth opportunity to work as an owner’s representative for the company. This position is responsible for the overall direction and completion of Low Income Housing Tax Credit (LIHTC) projects. A strong applicant will exhibit a natural drive and a self-starter mentality to both implement and execute on key project milestones throughout development lifecycle and financial outcome of a construction project.

RESPONSIBILITIES:

• Exhibit ownership mentality through initiating, overseeing, and completing real estate development projects (initial design through renovation and final completion)
• Manage multiple projects simultaneously across multiple States 
• Meet and coordinate with local authorities, state & federal agencies and other inspectors and constituents to ensure projects are meeting all requirements 
• Interface with internal Development team to ensure deal milestones are met 
• Provide Detailed Scopes of Work, Budgets, Schedules. Lead iterative scope and budget development processes from execution through transaction closing.
• Understand design requirements from state agencies, HUD, third party reports and other scope drivers 
• Lead selection of Architect and GC, negotiate contracts required at different phases
• Implement and track project financials for hard and soft cost budgets and complete regular financial projections 
• Travel for onsite meetings and inspections, 
• anticipated 5-7 travel days per month 
• Review and negotiate change proposals from contractors and/or subcontractors
• Interface with internal teams to make scope decisions in real time, communicate key critical path decisions
• Ensure punch and unit acceptance process is developed and followed on a project by project basis
• Prepare Resident Relocation Plans and oversee on site resident relocation process 
• Direct and supervise work of resident relocation coordinators, third party General Contractors, and design teams to establish operational priorities 
• Perform on-site walk-throughs to ensure contract performance, safety compliance, and quality control 
• Interface with design team, property management and engineering staff to ensure that all construction related items are coordinated and have little to no impact on the day to day activities of the property. 
• Prepare Monthly CM Reports 
• Administer document control procedures for all construction related documents. 
• Manage the permits and certificate of occupancy with all governmental agencies and requirements. 

To perform the job successfully, the following skills and/or experience is required to qualify for the position.

• Ability to work in a team environment 
• Willingness to travel 
• Knowledge of LIHTC Affordable Housing transactions is preferred 
• Effectively communicates relevant project information to superiors. 
• Resolves and/or escalates issues in a timely fashion. 
• Understands how to communicate difficult/sensitive information tactfully
• Ability to lead individuals from different disciplines and delegate tasks appropriately 
• Knowledge of architectural, structural, and/or MEP systems 
• Exceptional communications skills (written and verbal) and intuitive interpersonal skills. 
• A highly entrepreneurial, self-motivated and results-oriented individual. 
• Strong time management skills, adaptable with ability to manage multiple priorities & meet deadlines, and keen attention to detail.
• BS OR MS Degree in Engineering, Construction Management, Architecture, or related field

OVERVIEW

Fairstead is a purpose-driven real estate firm dedicated to building sustainable communities across the country. Headquartered in New York, with offices in Colorado, Florida, Maryland, and South Carolina, Fairstead oversees a $7.8 billion portfolio in assets and identified pipeline, and owns and manages more than 170 communities across 28 states. Fairstead’s commitment to communities is realized through a comprehensive platform that leverages in-house expertise in acquisitions, development, design and construction, marketing, and property management. Fairstead also implements some of the industry’s most proactive sustainability, resiliency, and community impact programs to foster positive social, economic, and environmental change. In 2022, the company launched Fairstead Ventures, a proptech investment initiative dedicated to fundamentally changing the standards in the housing industry with a focus on energy and decarbonization.
 

Fairstead’s primary mission is to provide high quality housing to all regardless of income, and to make our stakeholders feel “Right at Home.” We accomplish this through an empathetic and innovative approach, and by utilizing our interdisciplinary platform as an investor, developer, owner, and operator. Fairstead provides hands-on expertise across all multifamily disciplines, including acquisitions, development, design, construction, energy, sustainability, property management and social services. With a long-term commitment to its residents, communities, and partners, the Fairstead team stands out by:

• Listening to and understanding the needs of its residents, communities, partners, and stakeholders alike
• Developing and preserving high quality affordable housing in an innovative and sustainable fashion
• Creating a positive social and environmental impact within the properties and communities it serves

Fairstead’s Core Values

• Empathy
• Innovation
• Entrepreneurship
• Determination
• Integrity