Director of Build to Rent Operations

2 days ago

Charlotte, North Carolina, United States Red Cedar Capital Partners Full time
Job Description

Red Cedar Capital Partners LLC is a residential developer and homebuilder in Charlotte, NC & surrounding markets. We are seeking an experienced and driven Director of Build-to-Rent (BFR) to join our growing team.

This role is crucial in overseeing the development of multiple Build-for-Rent communities, ensuring timely project completion, cost management, and seamless collaboration with internal teams and subcontractors.

Key Responsibilities
  • Oversee the management of multiple Build-for-Rent (BFR) projects from conception to completion, ensuring adherence to timelines, budgets, and quality standards.
  • Work with engineers, planners, and government agencies to ensure site plans are executed properly.
  • Coordinate front-end activities with construction and other departments to ensure timely project execution.
  • Administer project buyouts, subcontractor agreements, and procurement processes for assigned projects.
  • Review, collect, analyze, and approve subcontractor draws to ensure proper billing and financial accuracy.
  • Prepare and submit monthly bank draws to secure project funding and maintain financial health.
  • Track and update project schedules regularly to ensure project milestones are met on time.
  • Create and present detailed monthly project reports to management and stakeholders, highlighting progress, financials, and any potential risks.
  • Work closely with preconstruction teams to develop estimates, pricing, and project budgets when necessary.
  • Participate in business development initiatives to foster relationships with potential investors, partners, and landowners for future Build-for-Rent opportunities.
  • Coordinate with internal departments, such as finance, legal, and operations, to streamline project execution and resolve any issues that may arise.
  • Maintain an up-to-date knowledge of market trends, regulatory requirements, and industry best practices for the Build-for-Rent sector.
  • Ensure compliance with safety standards, local regulations, and company policies throughout the project lifecycle.
Requirements
  • 3+ years of equivalent experience at the management level in residential construction, project management, or a related role, preferably within the Build-for-Rent, multi-family, or single-family development sectors.
  • Bachelor's degree in construction management, real estate, business administration, or a related field preferred.
  • Strong understanding of the Build-for-Rent model, including market dynamics, investor relations, and rental community management.
  • Experience in AIA contract management, negotiation, and review.
  • Proven ability to manage multiple projects simultaneously, ensuring on-time and within-budget completion.
  • Expertise in budgeting, cost estimation, and financial reporting, including the preparation of monthly bank draws and subcontractor payments.
  • Proficient in project scheduling tools and software.
  • Knowledgeable in construction contracts, subcontractor agreements, and procurement processes.
  • Familiarity with zoning regulations, permitting processes, and other local building requirements.
  • Experience in business development and fostering relationships with investors, landowners, and industry partners.
  • Proficiency in Microsoft Office Suite.
  • Minimum High School Diploma required.
  • Possess a valid Driver's License and vehicle insurance and willingness to travel locally as needed.
Work Environment

The role requires the ability to talk and hear, stand, walk, use hands to handle or feel, and reach with hands and arms. Occasional lifting of office products and supplies, up to 20 pounds, may be necessary. Some travel might be required.

Red Cedar Capital Partners LLC is an Equal Opportunity Employer. We do not discriminate based on race, traits historically associated with race, hair texture and protective hairstyles, color, national origin, ancestry, creed, religion, physical and mental disability, genetic information, marital status, sex gender, gender identity or expression, pregnancy, sexual orientation age, military or veteran status, or any other basis protected by applicable law.

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