Vice President, Capital Projects and Development | Americas

About QuadReal Property Group 

QuadReal Property Group is a global real estate investment, operating and development company headquartered in Vancouver, British Columbia. Its assets under management are $85 billion. From its foundation in Canada as a full-service real estate operating company, QuadReal has expanded its capabilities to invest in equity and debt in both the public and private markets. QuadReal invests directly, via programmatic partnerships and through operating platforms in which it holds an ownership interest.

QuadReal seeks to deliver strong investment returns while creating sustainable environments that bring value to the people and communities it serves. Now and for generations to come.

QuadReal: Excellence lives here.

www.quadreal.com

Role Description

We are actively searching for a Vice President, Capital Projects and Development based in Los Angeles or New York. This role will help to expand QuadReal’s oversight of projects in mixed-use, multifamily, industrial, alternatives and office assets held in joint ventures and directly in the Americas region. The Vice President will report to the Head of Americas Asset Management, based in New York, and work collaboratively with QuadReal’s Investment and Portfolio Management teams as well as partners to ensure seamless execution of development and capital projects.

Responsibilities

• Oversight of development partners + consultants responsible for day to day execution of ongoing projects, master planning, entitlement, schematic/design development, and construction

• Ensure successful delivery of projects by developing broad understanding and critical mindset toward development + construction processes and principles corresponding to relevant markets

• Proactively manage partners + consultants to deliver on time and budget whilst optimizing value throughout the entire project lifecycle (design, construction, closeout, handover, buyout, etc.)

• Review and analyze project budgeting, scheduling, and design specifications

• Maintain working knowledge of partnership, development, construction, and other agreements. Assist with negotiation of such documents

• Evaluate critical path impact of entitlement, design and schedule changes; assess mitigation strategies to minimize risk and maximize returns

• Oversee Architectural, Engineering, and Construction consulting firms engaged to oversee JV partners at select projects across the portfolio

• Manage capital projects (i.e. tenant improvement, speculative buildouts, building repairs, etc.) and capital budgeting within the wholly owned portfolio

• Provide support during due diligence (i.e. review 3rd party reports, asset tours, opining on budgets/timing, value engineering, etc.)

• Maintain and develop collaborative relationships with development partners, 3rd party consultants, and internal QuadReal teams

Qualifications and Experience

• Experience – 10+ yrs experience in management of large-scale real estate capital and development projects/assets, with an emphasis on multifamily, industrial and office. Other asset classes are a plus. In-depth knowledge and experience in municipal planning and entitlement approvals, critically assessment of project budgets and specifications, managing joint venture development partners, evaluating building systems; understanding of conventional design, construction contracting practices, standard construction means and methods

• Education – Completed university degree with major in Real Estate Development, Architecture, Construction Management.  Completed graduate degree in one of these fields a plus

• Certification & Licensing – Architecture, Engineering, or Construction Management certifications/licenses are an asset but not required

• Analytical/Technical – Excellent quantitative and problem-solving skills; detail-oriented and proficient in building and handling complicated data sets.  Ability to read, interpret and proactively critique architectural and engineering plans, review PCAs, and identify risks during due diligence. Ability to assess and understand the cost/benefit analysis tied to underlying project returns  

• Judgement – Drive outcomes with a focus on risk management from an owner’s perspective toward safeguarding quality and integrity of projects, partnerships, and QuadReal values 

• Communication – Excellent communication and presentation skills; succinctly articulate key themes and messages.  Ability to develop and sustain positive working relationships with external and internal project stakeholders; working collaboratively and assertively to achieve results in line with company goals

• Organization – Must be able to allocate time effectively and work under pressure to meet tight deadlines, handle multiple demands and competing priorities, and adapt to new ideas and change.  Comfortable following direction but also contributing to the direction

• Software – Proficient in Word, Excel, PowerPoint and Project.  Familiarity with AutoCAD, Revit, Power BI, Yardi Investor Plus, ProCore, Bluebeam Revu a plus

• Relationship – Must be extremely proactive and work well in a collaborative environment, with the ability to take guidance and move projects forward independently 

• Values – Embrace and pro-actively support QuadReal’s values and its culture of environmental sustainability and corporate and social responsibility

Don’t have all of the above skills?  Don’t worry, we still want to hear from you!   

The expected annualized base salary range for this role is $180'000 to $200'000. The actual salary offered will take into consideration a wide array of factors including, but not limited to, the individual’s skill, experience, education and training, the market compensation of the role, and the consideration to internal equity.

QuadReal also offers a competitive total rewards package in addition to the base pay, which includes a performance-based incentive plan, long term incentive, comprehensive health & dental benefits, 401k plan and paid time off.

QuadReal will provide reasonable accommodation at any time throughout the hiring process for applicants with disabilities or for those needing job postings in an alternate format. If you require accommodation, please advise the Talent Acquisition team member you are working with and include the following: Job posting #, your name and your preferred method of contact.