Assistant Vice President, Construction Management
About The Position
CREA, LLC is a full-service low-income housing tax credit (LIHTC) syndicator forming long-term relationships with investors and developers that cultivate success and improve lives. With 25 years in affordable housing, CREA has raised $13.5 billion, resulting in the formation of over 97,500 homes within 1,059 communities across the country. Thanks to the contributions of over 135 employees, CREA continues to seek talented, passionate individuals who are excited about opportunities to grow with us. We are seeking a talented AVP, Construction Management, to join our Construction Management team in Indianapolis. This is a high-impact role where you will partner with Acquisitions, Asset Management, Credit & Underwriting, and Syndications while leading pre-construction due diligence, supporting construction monitoring, managing investor relationships, and helping drive successful project outcomes nationwide.
Requirements
- Bachelor’s degree in Construction Management, Engineering, Architecture, Risk Management, or a related field.
- Minimum of 5 years of relevant experience in construction or real estate development, including risk management and underwriting; candidates with 5–7 years of experience are ideal.
- Ability to confidently interpret construction plans and technical documents, including geotechnical and environmental reports.
- Ability to analyze construction schedules and budgets with a strong focus on identifying and mitigating risk.
- Strong computer proficiency, along with excellent written communication skills.
- Working knowledge of residential construction operations, design, and risk mitigation practices.
- Ability to travel approximately 25%, including overnight travel, throughout the continental United States.
- Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).
- Proven ability to manage multiple priorities simultaneously, balancing competing deadlines and resources with strong organizational and time-management skills.
Nice To Haves
- Experience underwriting development projects is highly valued.
Responsibilities
- Conduct pre-construction analyses covering key due diligence items, including site work, design plans and specifications, construction schedules, and budgets for senior & multi-family housing projects.
- Coordinate and assess third-party Construction Plan/Cost Reviews as well as Environmental Desktop Reviews.
- Evaluate and highlight the principal strengths, weaknesses, and potential risks of each proposed development.
- Identify risks revealed during the underwriting process and recommend appropriate mitigation measures.
- Prepare and deliver comprehensive pre-construction analysis reports to department leadership and Investment Committee members.
- Review monthly construction draw requests, examine third-party monitoring reports, and approve equity draw requests in collaboration with Asset Management.
- Visit project sites to conduct construction monitoring inspections as required.
- Compile site inspection reports detailing findings, observations, and risk assessments.
- Input and track property-specific construction data using CREA’s integrated web-based software.
- Collaborate closely with other departments within CREA.
Benefits
- Relocation assistance is not available for this position.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
