Vice President of Capital Projects

KCG Companies, LLC•Indianapolis, IN

About The Position

About Us: KCG Companies is a leading vertically integrated real estate development and construction firm specializing in the development of sustainable multifamily housing. Our commitment to quality, innovation, and affordable housing is at the core of everything we do. Position Summary: The Vice President of Capital Projects is a senior leadership role responsible for overseeing all rehabilitation activities across the organization’s affordable housing portfolio, including third-party general contractor–executed projects and in-house acquisition-rehab initiatives. This role ensures that all efforts align with corporate objectives, schedule requirements (on time), budget expectations (on budget)expectations (at quality), regulatory compliance, and long-term asset performance goals. The Vice President of Capital Projects will also lead and mentor a team of Owner Representatives tasked with managing third-party general contractors on both new-construction and acquisition-rehab projects. Additionally, this position will oversee the internal rehab team, ensuring in-house projects are delivered efficiently, safely, and of high quality.

Requirements

Bachelor’s degree in Construction Management, Engineering, Architecture, Real Estate Development, or a related field (Master’s degree preferred).
Minimum 10–15 years of experience in construction or rehab project management, with at least 5 years in a senior leadership role.
Experience in affordable housing, multifamily rehab, LIHTC, or HUD-regulated environments strongly preferred. In-place rehab experience required.
Demonstrated success managing both third-party general contractors and internal construction teams.

Responsibilities

Provide strategic leadership, mentorship, and performance management for Owner Representatives and the internal rehab execution team.
Establish clear roles, responsibilities, workflows, and communication standards across teams.
Foster a culture of accountability, continuous improvement, and professional development.
Collaborate with key stakeholders, Construction, Development, Asset Management, and Operations to ensure cohesive project delivery.
Oversee Owner Representatives who manage third-party general contractors on new construction and acquisition-rehab projects.
Review and approve project scopes, budgets, schedules, and contractor selection recommendations.
Ensure that third-party GCs deliver projects in accordance with contract documents, quality standards, safety regulations, and performance expectations.
Facilitate high-level problem resolution on schedule delays, scope disputes, change orders, and field coordination issues.
Maintain awareness of project risk factors and implement mitigation strategies.
Develop and direct an internal team responsible for executing in-house acquisition-rehab projects.
Oversee project planning, scope development, material procurement strategies, staffing allocation, and onsite execution.
Implement standardized operating procedures for estimating, scheduling, quality assurance, safety, documentation, and closeout.
Monitor progress and provide executive-level reporting on schedule adherence, cost performance, and quality control metrics.
Collaborate with Development, Finance, and Asset Management teams to prepare rehab budgets during due diligence, underwriting, and construction phases.
Maintain responsibility for project financial performance, including tracking budget variance, approving major expenditures, and managing contingency usage.
Ensure change order processes are followed and that cost impacts are justified and documented.
Develop cost benchmarks and forecasting models to support long-term capital planning.
Build and maintain strong relationships with third-party general contractors, specialty subcontractors, consultants, and suppliers.
Lead or support negotiation of contracts, scopes of work, and service agreements.
Ensure consistent communication between internal stakeholders, ownership groups, residents (where applicable), and external partners.
Ensure all rehab projects comply with local, state, and federal regulations, including building codes, environmental requirements, accessibility standards, and affordable housing program guidelines.
Maintain oversight of quality control programs and site safety protocols.
Conduct routine site visits to assess progress, identify risks, and support resolution of field issues.
Oversee closeout processes including punch lists, turnover documentation, warranty management, and post-rehab evaluations.
Develop long-term strategies for scaling rehab capacity and improving cost efficiency across both third-party and in-house project streams.
Implement standardized reporting tools, project management platforms, and performance dashboards.
Introduce best practices related to construction technology, materials, sustainability, and operational efficiency.