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Director of Construction and Capital Projects

Clear Investment Group

Chicago, IL

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JOB DETAILS
JOB TYPE
Full-time
SKILLS
Acquisitions Management, Asset Management, Budget Management, Budgeting, Building Codes, Calendar Management, Capital Budgeting, Capital Expenditure (CAPEX), Capital Project, Communication Skills, Compensation and Benefits, Construction, Construction Control, Construction Management, Construction Projects, Continuous Improvement, Contract Management, Contract Negotiation, Cost Control, Cost Forecasting, Cost Reporting, Cross-Functional, Data Processing, Dental Insurance, Due Diligence, ERP (Enterprise Resource Planning), Entrepreneurship, Finance, Financial Management, Forecasting, Health Insurance, Investment Strategy, Leadership, Maintain Compliance, Mentoring, Microsoft Office, Multitasking, OSHA, People Management, Performance Analysis, Performance Metrics, Problem Solving Skills, Process Improvement, Project Evaluation, Project Execution, Project Schedule, Project Tracking, Project/Program Management, Property Management, Quality Assurance, Quality Control, Quality Metrics, Real Estate, Regulations, Return on Investment (ROI), Risk Analysis, Risk Management, Strategic Planning, Team Lead/Manager, Vendor/Supplier Management, Willing to Travel, Zoning
LOCATION
Chicago, IL
POSTED
2 days ago
Company Overview
Clear Investment Group is a boutique real estate investment firm based in Chicago specializing in the rehabilitation and stabilization of distressed multi-family assets. Operating across the Midwest, South, and Northeast, we acquire and improve underperforming properties to generate value for investors and revitalize communities.
Our Core Values:
  1. Get it Done
  2. Ride the Wave
  3. Add Value
  4. Exhibit Passion
Position Title: Director of Construction & Capital Projects
Department: Construction & Capital Projects
Reports to: Director of Asset Management
Location: Chicago Loop (office-based); Travel as needed (~40–60%)
Compensation & Benefits
  • Competitive base salary ($175K- $215K DOE)
  • Annual performance-based bonus
  • 401(k) plan with employer match
  • Comprehensive health and dental insurance
  • Paid time off and holidays
Position Overview
The Director of Construction & Capital Projects will lead and oversee all renovation, redevelopment, and capital improvement initiatives across Clear Investment Group’s growing portfolio of distressed multifamily properties. This role will directly manage a team of Construction Project Managers and Project Management Associates, providing leadership, direction, and mentorship to ensure consistent execution, quality, and results across all projects.
This is a high-impact leadership position that combines strategic oversight with hands-on project management expertise. The ideal candidate is a proactive leader who thrives in a dynamic, entrepreneurial environment and is committed to delivering operational excellence that drives both asset value and community transformation.
Key Responsibilities
Strategic Leadership & Oversight
  • Lead all construction and capital project initiatives from due diligence through stabilization, ensuring alignment with asset management and investment strategies.
  • Provide vision and direction for the Construction & Capital Projects department, setting clear objectives and KPIs for project delivery.
  • Manage and mentor a team of Construction Project Managers and Project Management Associates, fostering a high-performance culture centered on accountability, collaboration, and continuous improvement.
  • Establish and refine company-wide standards for construction execution, quality control, and cost efficiency.
  • Collaborate with executive leadership on strategic planning, pipeline evaluation, and portfolio forecasting.
Budgeting & Financial Management
  • Develop and manage annual CapEx budgets across the portfolio; ensure accurate forecasting, cost tracking, and reporting.
  • Oversee value-engineering efforts to maximize ROI and control construction costs without sacrificing quality or performance.
  • Partner with Finance and Asset Management to track project performance and identify cost-saving opportunities.
Team & Vendor Management
  • Lead a high-performing construction team with multiple direct reports, including project managers and associates.
  • Conduct regular one-on-one and team meetings to align priorities, provide feedback, and support professional development.
  • Build and maintain strong relationships with contractors, architects, engineers, and consultants to ensure consistent delivery across markets.
  • Negotiate and manage contracts to safeguard timelines, budgets, and quality standards.
Project Execution & Risk Management
  • Oversee the planning, scheduling, and delivery of multiple renovation and CapEx projects simultaneously across diverse markets.
  • Identify project risks and proactively implement mitigation strategies.
  • Ensure compliance with all relevant building codes, zoning laws, and safety regulations (including OSHA).
Cross-Functional Collaboration
  • Partner closely with acquisitions, property management, and asset management teams to ensure construction strategies align with investment goals.
  • Provide construction expertise during acquisition due diligence to evaluate scope, risk, and cost.
  • Serve as a key liaison between field operations and executive leadership.
Quality Assurance & Reporting
  • Implement consistent standards for quality, efficiency, and craftsmanship across all projects.
  • Provide regular updates and performance reports to executive leadership and investors.
  • Continuously improve processes through data-driven insights and post-project evaluations.
Qualifications
  • Bachelor’s degree in Construction Management, Engineering, Architecture, or related field (required).
  • 12 + years of experience in construction or capital project management, with at least 3 years in a leadership or director-level role.
  • Proven success managing multiple direct reports, including project managers and project management support staff.
  • Strong track record overseeing large-scale multifamily renovation or value-add projects.
  • Deep understanding of construction methods, project budgeting, scheduling, and contract negotiation.
  • Strong financial acumen with the ability to evaluate ROI and manage capital budgets.
  • Excellent leadership, communication, and problem-solving skills.
  • Proficiency with project management and ERP systems (e.g., Smartsheet, Yardi) and Microsoft Office Suite.
  • Ability to travel regularly to project sites (approx. 40–60%).

 

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Clear Investment Group

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