Construction Manager - Capital Expenditures (Multifamily)

The Capital Expenditures Construction Manager will report into senior asset and construction leadership and serve as a key partner throughout the acquisition, due diligence, budgeting, and renovation lifecycle. You will be responsible for evaluating multifamily assets, developing capital strategies, and ensuring successful delivery of renovation programmes across a growing portfolio.

• Support acquisitions by conducting site evaluations and construction due diligence on prospective multifamily investments.
• Participate in accelerated post-award due diligence processes, assessing property condition, deferred maintenance, and capital requirements.
• Develop and manage comprehensive capital expenditure budgets and five-year hold projections.
• Solicit, review, and compare contractor proposals, scopes of work, pricing, timelines, and permitting requirements.
• Partner with Asset Managers to prioritise and justify capital investments while balancing operational and financial objectives.
• Oversee interior and exterior renovation initiatives, including unit upgrades, common area improvements, and building systems projects.
• Manage multiple projects simultaneously across a diverse portfolio while ensuring quality, schedule, and budget expectations are achieved.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

Join a rapidly expanding national multifamily platformProfit sharing and long-term carried interest opportunity

For the Capital Expenditures Construction Manager we are seeking:

• Bachelor's degree in Construction Management, Engineering, Architecture, Real Estate, or a related discipline preferred.
• Proven experience overseeing capital improvement programmes within multifamily, residential, student housing, build-to-rent, or closely related asset classes.
• Strong acquisition due diligence experience, including property assessments, contractor management, and budget development.
• Experience managing annual capital programmes in excess of $10M.
• Knowledge of permitting processes, building systems, and renovation execution.
• Experience overseeing unit renovation programmes, including flooring, painting, cabinetry, countertops, exterior improvements, and mechanical, electrical, and plumbing upgrades.
• Ability to manage multiple assets simultaneously across a geographically dispersed portfolio.
• Strong financial acumen with the ability to evaluate scopes, bids, budgets, and return on investment.
• Entrepreneurial mindset with a self-directed, hands-on approach and willingness to travel extensively.
• Preference for professionals who can work directly with subcontractors and help minimise reliance on general contractors where appropriate.

Our client is a leading private real estate investment platform specialising in multifamily acquisitions and value-add strategies across the United States. With a growing national portfolio and significant capital deployment activity, the business continues to expand into new markets while maintaining a disciplined approach to asset management and project execution.The organisation offers an entrepreneurial culture where high performers are rewarded with strong bonus potential, profit-sharing opportunities, and clear long-term career progression. This is an opportunity to join a business experiencing significant growth and play a critical role in shaping the performance of a large and expanding multifamily portfolio.

• Base Salary = $95k - $120k
• Truck Allowance = $600/month
• Margin based bonuses
• 401k
• Comprehensive Benefits Package
• 3 weeks PTO