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Head of Construction - Value Add

Macdonald & Company

Job Summary We are partnering with a well-capitalized real estate investment platform focused on opportunistic and value-add investments across the U.S. The firm invests across a mix of residential and operational real estate sectors, including multifamily, student housing, self-storage, small-bay industrial and other niche asset classes. Since launching, the platform has executed 100+ investments representing over $3B in capitalization and continues to actively deploy capital across a growing portfolio. The team partners with top-tier operators and developers while also managing significant renovation and development initiatives across its assets. As the platform continues to expand, they are looking to bring on a Head of Construction to oversee construction strategy and execution across the portfolio.The RoleThis person will act as the internal construction lead, working closely with the investment team on both acquisitions and active projects. The role will focus primarily on renovation and repositioning of existing assets, while also supporting development opportunities where relevant. You’ll be responsible for evaluating construction risk during acquisitions, overseeing project execution, and ensuring projects stay on schedule and on budget. This is a highly visible role within the business and will work directly with investment, asset management, and external operating partners.ResponsibilitiesLead construction due diligence during acquisitions, including scope review, budgets, and timelinesIdentify capex requirements and potential construction risks that could impact the investment strategyOversee renovation and repositioning projects across the portfolioManage and coordinate third-party developers, owner’s reps, contractors, and consultantsTrack construction budgets, schedules, and change orders across multiple projects and marketsWork closely with the investment team to ensure projects remain aligned with the underwritten business planProvide regular project updates to internal stakeholders and leadershipImplement consistent project tracking and reporting across the portfolioAssist in value engineering and cost optimization where appropriateWhat They’re Looking For12–20+ years of construction/project management experienceBackground working for a developer, owner, or owner’s rep platformStrong experience overseeing renovations and capital improvement programsExperience across multifamily, student housing, self-storage, or similar asset classesAbility to manage multiple projects across different markets simultaneouslyStrong understanding of construction budgeting, scheduling, and contractor managementComfortable working in a lean, entrepreneurial investment environmentAdditional DetailsNational portfolio, travel requiredHighly collaborative role working directly with investment and asset management teamsOpportunity to help shape construction processes and strategy as the platform continues to grow

Vacancy posted 13 hours ago
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