Project Manager, Capital Projects (Midwest)

Welltower Careers • Chicago, IL

1d • Remote

About The Position

This position will assist with the Capital Projects oversight of our national senior housing portfolio as well as capital diligence on new asset acquisitions. This role is responsible for capital inspections, Document scope development, creating renovation/asset plans, and developing and underwriting budgets to maximize the value of our assets. This is a REMOTE role, preferably based in Detroit or Chicago.

Requirements

• High School Diploma required.
• A minimum of 5 years’ project management experience within the seniors housing or multi-family industries
• Applicants must be able to pass a pre-employment drug screen.

Nice To Haves

• Bachelor’s degree in Real Estate, Construction Management or related field highly preferred.

Responsibilities

• Participate in Capital Diligence inspections and processes at the direction of the Senior Director
• Develop and manage comprehensive due diligence checklists, trackers, and data rooms to ensure timely and organized information flow.
• Oversee and review third party reports including PCA, Environmental, zoning, etc.
• Identify capital expenditure requirements and validate underwriting assumptions related to renovations, repositioning, or value-add strategies.
• Create comprehensive 10 year life cycle analysis for new acquisitions and current fund allocated assets.
• Manages and executes daily on-site activities for multiple projects and leads project meetings with subcontractors, consultants, and stakeholders at frequent intervals to discuss problems, progress, and scheduling of work. This individual will be the primary point of contact for all renovation activities.
• Conducts frequent property inspections to ensure projects follow proper safety precautions, supervise the work of contractors, diagnoses, and troubleshoots problems as necessary, and ensures the physical integrity of the property.
• Establishes expectations and collaborates with internal and external stakeholders to ensure projects are on schedule, within budget, free of any potential hazards for on-site staff and residents and work is being completed in conformance to Scope of Work and Contract Documents.
• Lead project kick-off meetings and conduct final sign-off inspection with internal/external stakeholders.
• Ensures project close-out documents are in order and filed appropriately.
• Prepare/update weekly/monthly project status reports to internal/external stakeholders, process invoices and change orders, and update construction progress schedules and trackers.
• May participate in developing scopes of work, timelines, and other needs and parameters around the planning of a Redevelopment project.

Benefits

• Competitive Base Salary + Car Allowance + Annual Bonus
• Generous Paid Time Off and Holidays
• Employer-matching 401(k) Program + Profit Sharing Program
• Student Debt Program – we’ll contribute up to $10,000 towards your student loans!
• Tuition Assistance Program
• Employee Stock Purchase Program – purchase shares at a 15% discount
• Comprehensive and progressive Medical/Dental/Vision options

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED