Construction Project Manager- Residential

Residential Construction Property Manager - First Midwest Rentals

Position Summary

First Midwest Rentals is seeking a highly organized and proactive Residential Construction Property Manager to oversee and coordinate new residential construction projects from planning through completion. This role serves as the primary liaison between contractors, vendors, municipal officials, property ownership, and internal stakeholders to ensure projects are completed on time, within budget, and according to quality standards. The ideal candidate combines construction project management expertise with strong communication, vendor management, and property operations skills.

Key Responsibilities

Construction Project Management

• Manage all phases of residential new construction projects, including planning, budgeting, scheduling, execution, and closeout.
• Coordinate multiple residential build projects simultaneously while maintaining project timelines and budgets.
• Monitor construction progress through regular site visits and inspections.
• Identify and proactively address project risks, delays, and budget variances.
• Ensure compliance with local building codes, zoning requirements, safety regulations, and permit requirements.
• Review construction drawings, specifications, and scopes of work.

Contractor & Vendor Management

• Solicit bids, evaluate proposals, and recommend contractors and subcontractors.
• Negotiate contracts and manage vendor relationships.
• Coordinate and schedule contractors, suppliers, inspectors, and utility providers.
• Monitor contractor performance and hold vendors accountable to project expectations.
• Review and approve invoices, change orders, and payment requests.

Budget & Financial Oversight

• Develop and manage project budgets and construction cost forecasts.
• Track expenditures and provide regular project status reports.
• Analyze project costs and identify opportunities for savings and efficiency.
• Assist with capital planning and future development projections.
• Ensure projects remain financially aligned with company investment objectives.

Property Transition & Asset Management

• Coordinate project turnover from construction to property operations.
• Lead final walkthroughs, punch list completion, and occupancy readiness activities.
• Maintain project documentation, warranties, operating manuals, and records.
• Assist with leasing readiness, property setup, and asset preservation strategies.
• Support long-term property value enhancement initiatives.

Stakeholder Communication

• Serve as the primary point of contact for project-related communications.
• Provide regular updates to ownership and senior leadership regarding project status.
• Build positive relationships with municipalities, inspectors, contractors, and community stakeholders.
• Prepare project reports, timelines, and executive-level summaries.

Qualifications

Education & Experience

• Bachelor's degree in Construction Management, Engineering, Real Estate, Business, or a related field preferred.
• 3-7+ years of experience in residential construction management, property development, project management, or a related field.
• Experience overseeing single-family, multi-family, townhome, or residential community developments preferred.
• Experience with budgeting, contract administration, and vendor management.

Knowledge, Skills & Abilities

• Strong understanding of residential construction methods and project lifecycle management.
• Knowledge of local building codes, permitting processes, and construction best practices.
• Ability to read and interpret blueprints, site plans, and construction documents.
• Exceptional organizational and time-management skills.
• Strong financial acumen and budget management experience.
• Excellent communication and relationship-building abilities.
• Proficiency with Microsoft Office Suite and project management software.
• Ability to manage multiple projects and priorities in a fast-paced environment.

Preferred Qualifications

• Construction Management certification, PMP certification, or related industry credentials.
• Real estate development or property management experience.
• Experience managing projects from land acquisition through occupancy.
• Knowledge of residential rental property operations and investment strategies.