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Renovation Manager (Affordable Housing)

BLDG Partners
Beverly, CA Full Time
POSTED ON 12/19/2024
AVAILABLE BEFORE 6/15/2025

BLDG Partners LLC is a Southern California based real estate investment firm founded in 2010 focused on the preservation of affordable housing. We pursue opportunities to improve communities in urban and suburban markets across the country.


Position:

BLDG Partners is seeking a Renovation Manager – Affordable Housing to join our growing firm dedicated to providing quality affordable housing across the US. 


The role will report to one of the company’s Principals and will require collaboration with the Asset Management and Acquisitions departments to support the company's growing affordable housing portfolio. The Renovation Manager will oversee unit turns and renovations, must be able to work with multiple site teams at different properties, and must be able to track multiple projects. The ideal candidate is a well-organized self-starter, able to prioritize projects, and able to work well within a fast-paced, entrepreneurial company.


The Renovation Manager is responsible for the comprehensive oversight of interior unit renovations for apartment communities in several markets, including both family and senior housing. This position requires a thorough understanding of construction processes, strong leadership abilities, and excellent project management skills. The Renovation Manager ensures that all phases of these multifaceted projects are executed timely, efficiently, within budget, and to the highest standards of quality and safety.


The role involves extensive coordination with various stakeholders, including subcontractors, suppliers, tenants, maintenance staff, and property management to deliver successful projects that meet all specifications and regulatory requirements while minimizing disruption to residents and ensuring their satisfaction. The portfolio consists of properties located in a variety of markets including California, Washington, Texas, Virginia, Tennessee and Pennsylvania, and will require some travel.


The Renovation Manager will work closely with the accounting team and collaborate directly with the asset manager for each property to ensure seamless project execution and alignment with investment goals.


Duties and Responsibilities:

  • Project Tracking - Analytically track multiple concurrent projects against the budget
  • Scope Development - Collaborate with Asset Management to develop clear turn scopes and renovation specifications, including working with interior designers to develop design concepts
  • Quality Assurance and Accountability - Confirm work is being completed consistent with company quality standards, budgets, and timelines
  • Vendor Management - Including recommend and qualify contractors (references, licenses, insurance, etc.), Negotiate terms (scope/cost/payment/schedule), Obtain and filter vendor bids, Prepare contracts, Track preliminary lien notices and releases, Prepare standardized scopes of work and contracts where possible, Research and identify new subcontractors to maintain competitive pricing
  • Project Inspection - Inspect projects for progress, timing of completion, costs to complete, and quality control, Meet with contractors to discuss scope discrepancies, change order requests, trouble spots, etc.
  • Coordination Meetings - Initiate coordination/kick-off meetings with Asset Management and Property Management to establish staging details, sequence, schedule, scope, resident correspondence, etc.
  • Regulatory Compliance - Manage enforcing agencies and meet with city inspectors/representatives as necessary to coordinate project efforts.
  • Record Keeping - Maintain organized records of project bid costs using corporate tracking tools. Forecast upcoming turn spend and timing.
  • Communication - Provide regular cost and timing updates to property teams and Asset Management. 
  • Reporting - Prepare detailed reports and updates for management, summarizing project status, costs, issues, and progress.
  • Unit Evaluation - Evaluate pre-turn unit conditions from both in-person and virtual walk-throughs, clarify scope of work, walk unit renovations, and complete punch-walks with contractors.
  • Acquisition Support - Assist in developing scopes of work and budgets for unit renovations in new acquisitions at the direction of the Acquisition team
  • Minimize Downtime - Schedule and supervise to minimize unit downtime during renovations
  • Additional Duties - Perform other duties as assigned


Preferred Qualifications:

Experience using Yardi, RealPage, SmartSheets, and Excel

Knowledge of markets and vendors


Compensation:

Annual Discretionary Performance Bonus

Health Insurance

401(k) Plan

Company paid Short-Term and Long-Term Disability Insurance

Paid Time Off

Company Paid Holidays

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