Director, Construction Resyndication

April Housing is a leading owner and operator of high-quality affordable housing throughout the United States. Founded in 2022 and headquartered in Los Angeles, April Housing is the asset management business that oversees Blackstone's affordable housing and LIHTC portfolio. April oversees a portfolio of over 85,000 affordable housing units in approximately 650 communities. April Housing seeks to preserve critical affordable housing stock while providing best in class management and high-quality housing. April is committed to being a fair, transparent, and responsible owner.

April Housing’s long-term commitment to owning affordable housing is supported by Blackstone Funds, predominantly BREIT, a non-listed REIT. This perpetual capital vehicle provides April with a patient and flexible source of capital and plays a critical role in enabling the creation and preservation of more affordable housing. In addition to managing a growing portfolio, April Housing will ensure assets in the existing portfolio remain affordable and in compliance with all rent regulations while making significant improvements and aligning the operations with April Housing's Standards of Excellence in Residential Operations.

In its pursuit of excellence, April Housing is looking for individuals who share in its mission to provide high-quality housing to affordable residents.

We are seeking a Director of Construction to join our Preservation team. The Director Of Construction will identify areas that will unlock value, provide a mechanism for growth, or help craft programs that will establish a competitive advantage.   Analyze the current operating environment to benchmark with company objectives to identify success or gaps.   Develop and nurture deep relationships with all functional teams and external stakeholders to ‘understand their reality’ and identify opportunities to adjust course and unlock value.  Provides leadership to managers/ supervisors and/or professional staff.  Establishes operational objectives, procedures, and work plans and delegates assignments to subordinates. Modifies and executes company policies that affect immediate operations and may also have a company-wide effect.  Works on issues where analysis of situations or data requires conceptual thinking and knowledge of organizational objectives. Implements policies and selects methods, techniques, and evaluation criteria for obtaining results.

What you will do:

The successful candidate must possess the drive and energy to execute on the responsibilities outlined above. The candidate must have substantial real estate transaction experience and will ideally have a background in affordable housing and investments/(re)development.

• Secure pricing from select GCs on developments.
• Confirm local Jurisdiction (AHJ) permitting process and any other requirements.
• Walk site with A/E teams and GCs.
• Develop internal historical construction costs by state – work with Development project managers, asset managers, and capital expenditure teams to establish initial construction scope/ budget; lead scoping and budgeting phase with the GC.
• Secure as-built plans (from site, files, or 3rd party vendor).
• Coordinate and review schematic plans.
• Review QAP and design standards – coordinate incorporation into plan set.
• Develop initial SOW – narrative along with A/E plans.
• Coordinate on-site DD and review, Phase I, Market Study, Appraisal, Zoning, PNA/PCA, ACM, Surveys, Accessibility reports.
• Negotiate contracts as needed for GC, civil, architect, and other consultants.
• Develop preliminary schedule and unit turns; coordinate with relocation teams
• Review all financing documents for construction-related requirements and coordinate approvals.
• Lead on site visits with GCs and A/E team to ensure quality, address issues, and maintaining schedule.
• Track and forecast change orders against budget and provide alternates – cost review/recommendations.
• Provide regular reports and updates on budget and schedule.
• Assist in the tenant outreach process and provide support for meetings/events as needed.
• Coordinate with lenders/equity to ensure timing review and payments to GCs and other vendors. Collect partial and full lien waivers each month review for progress against schedule.
• Support relocation efforts by monitoring and enforcing project schedule.
• Coordinate preparation of substantial completion forms.
• Coordinate with GC for final permit closeouts.
• Prepare and assemble Construction Closeout Documentation (final lien waivers, manuals, G704, permits).
• Ability to travel up to 75%.

What you should have:

• Bachelor’s degree in a relevant discipline (Engineering, Architecture, Project Management, Facilities Management, Real Estate, or related field).
• 7-10 years’ experience working in construction and project management where project planning, estimating, construction monitoring, and reporting of full development life cycle, with at least two years’ experience in affordable housing (LIHTC) acquisition/rehabilitation projects.
• Direct experience managing renovation projects.
• Strong written and spoken communication skills.
• Strong meeting organization and facilitation skills.
• Analytical, flexible, adaptable, with strong collaboration and interpersonal skills.
• Technical proficiencies in industry-standard project management tools.
• Proficiency in Microsoft office.

• Communicates Effectively: Listens effectively and confirms understanding when needed.  Cooperates effectively with teammates(intact team and cross functionally) and provides and takes feedback with ease
• Drives Results: Works hard to ensure understanding of all critical performance targets.  Lines up personal and team performance to deliver results.  Accepts feedback and pivots activities and behaviors when needed to improve results.
• Plans and Aligns: Understands plans communicated and asks for clarity when needed.  Provides input when plans reqiure front line input. Makes an effort to ensure teammates are aligned on daily and weekly actions supporting the plan.
• Manages Ambiguity: Carefully listens to need for change or need to wait for instruction in times of change.  Keeps moving daily and weekly tasks forward while waiting for any pivots to workstream.
• Develops Talent/Professional Development: Works with leadership to execute individual development plans for self and others.  Makes time to become the best in their current role and to learn aspects of future potential roles.
• Resilient: Stays abreast of results individually and for the team and reacts with persistence especially when results are less than planned.  Keeps a positive attitude and entertains and develops ideas to enhance results. 

Base Compensation Range:

$150,000.00 To $160,000.00. This represents the presently-anticipated low and high end of the Company’s base compensation range for this position. Actual base compensation range may vary based on various factors, including but not limited to location and experience.

Total Direct Compensation:  This job is also eligible for discretionary bonus and incentive compensation on an annual basis.

Please review the job applicant privacy notice here.

EEO Statement

April Housing is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email talent@revantage.com