Cardone Capital is a leading multi family real estate investment firm with a portfolio of over 15,000 apartments across the Sunbelt region, with a strong concentration in Florida. Our mission is to deliver exceptional value to our investors, partners, and residents through strategic acquisitions, disciplined asset management, and operational excellence.
Position Summary:
The Director of Capital Improvements will be responsible for overseeing all capital improvement projects across a portfolio of apartment communities. This role ensures that all capital work is properly scoped, competitively bid, and executed efficiently and cost-effectively. The Director will also be responsible for developing short- and long-term capital plans, identifying and prioritizing improvements that enhance property value, performance, and resident satisfaction.
Key Responsibilities:
● Lead the planning, bidding, budgeting, and execution of capital improvement projects across the portfolio.
● Ensure that all projects are competitively bid and contracts are awarded in line with company standards and pricing expectations.
● Develop and maintain a 1-year, 3-year, and 5-year capital improvement plan for each property in collaboration with asset management and property management teams.
● Conduct regular property inspections to assess physical condition and identify areas for
improvement.
● Work closely with contractors, consultants, and vendors to ensure timely, high-quality project completion within budget.
● Monitor progress, resolve issues, and communicate status updates to internal stakeholders.
● Ensure compliance with all local, state, and federal regulations related to construction and property improvements.
● Evaluate return on investment (ROI) for capital initiatives and recommend improvements that align with strategic goals.
● Maintain detailed documentation and reporting on project scopes, bids, costs, and outcomes.
Qualifications:
● Bachelor's degree in Construction Management, Engineering, Real Estate, or related field preferred.
● Minimum of 7–10 years of experience managing capital improvement or construction projects in multifamily real estate or a related industry.
● Proven experience in project bidding, contractor negotiation, and vendor management.
● Strong understanding of building systems, construction methods, and code compliance.
● Exceptional organizational and project management skills.
● Excellent communication and interpersonal skills.
● Proficient in Microsoft Office and project management software (e.g., Procore, Yardi, or similar).
Preferred Qualifications:
● Professional certifications (e.g., PMP, LEED AP, or similar) a plus.
● Experience with value-add renovations or repositioning of multifamily assets.
What We Offer:
● Competitive compensation and performance-based bonuses
● Health, dental, and vision benefits
● 401(k)
● Opportunities for career advancement in a high-growth environment
● A collaborative, entrepreneurial culture that values innovation and results
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