Real Estate Development Project Manager

Role Overview

The Procopio Companies (TPC) is a growing ground-up multifamily developer based in Middleton, Massachusetts. Our residential projects range from $12mm-$125mm in and around southern New England. TPC is a vertically integrated firm, with development, construction management and asset management in-house.

The role of the Development Project Manager is to provide active project management for assigned development projects, throughout the assigned phases of development, reporting to the Executive Vice President of Project Execution.

Key Responsibilities

Predevelopment & Asset Management Assistance

• Assist in the development of project budgets and specifications
• Work closely with estimators and project owner’s team to build construction budgets, specification packages and provide overall design guidance, and value management guidance on assigned projects.
• Preside over pre-construction and pre-development meetings with general contractors, town officials, and the owner’s team.
• Work closely with the development associates and design teams to ensure constructability
• Work to increase and maintain relationships in our operating markets, with brokers, lenders, developers, contractors, and high-net-worth individuals
• Periodically assess new markets for potential entry both regionally and nationally, as directed

Active Development Management

• Prepare weekly or monthly status updates for the management and development team.
• Assist in assembling and managing the development team, including design, construction, and development consultants
• Assist in negotiating contracts and coordinating the development team throughout the development process
• Actively participate in the design process providing budget, schedule, and constructability input
• Review and interpret plans and specifications
• Prepare monthly financial reporting on status of assigned projects
• Collaborate appropriately with all deal-parties, including owners, lawyers, lenders, investors, contractors, and consultants to ensure the success of a project
• Proactively track and flag issues and follow-up actions of each deal in development, and maintain a close working relationship with Project Managers to remain informed and up to date
• Manage multiple projects in various phases in various locations at any given time
• Tour project sites at least weekly during construction to ensure work in place is compliant with design documents and the progress is in alignment with presented schedules
• Assist in managing the project close-out activities, including acceptance and completion of project from the contractor

Qualifications

• 5-10 years of experience in real estate project management, or construction management preferred.
• Bachelor’s Degree in a relevant field preferred.
• A combination of relevant professional experience and education may be considered
• Excellent written and verbal communications
• Strong analytic skills
• Computing skills, including experience and proficiency in MS Excel, Word and Powerpoint
• Experience with Northspyre Real Estate Development Software is desired
• Ability to organize work, work independently, problem-solve, and be persistent is essential
• Demonstrated ability to manage productive relationships with development team members, public officials, funders and lenders, other staff, and the community.