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Ashcroft Capital

Director Of Construction (Real Estate)

Full Time
Real Estate Field
  • Construction
Postal Code
United States

This job is no longer active.


Director of Construction

(Oversight of all Capital Improvements)


Ashcroft Capital is a national multifamily investment firm with over $750,000,000 of assets under management spread over 8,000 units and 21 properties. The firm is focused on acquiring large apartment communities in DFW and Central/North Florida. Ashcroft seeks to improve the quality of life at each community by implementing large scale value-add business plans. All acquired assets were built from the 1970’s to 2005 and have various budgeted capital improvement projects, ranging from $2 to $7M. Typical scopes include renovating each apartment unit, rebranding the asset, roof repair/replacement, parking lot repair/reseal, landscaping, exterior paint and residing, carport construction, etc.  


Ashcroft Capital is seeking a full-time Director of Construction to oversee all capital expenditure projects and work alongside its third-party property management companies to streamline the construction process. The position requires a local DFW candidate. 


Responsibilities of the Position:

  • Work with acquisitions team to create initial budget for capital expenditures. 
  • Oversee the selection of contractors and vendors during the initial bidding process. 
  • Develop achievable construction schedule and maintain associated costs to complete projects within timeframe and budget.
  • Ensure each project is being performed with efficiency and quality in both the labor performed and quality of product delivered. 
    • Hold subcontractors accountable to our policies and procedures, quality standards, scheduling criteria, and scopes of work.
  • Manage day-to-day operational and tactical aspects of multiple projects in a supervisory role.
  • Increase ROI and add value by decreasing costs where possible by eliminating unnecessary capital projects or using more economic materials. 
  • Capitalize on economies of scale where possible in the portfolio. For example, the firm owns a large and growing portfolio in DFW. Where possible, order materials in bulk and contract large portfolio AIA agreements to reduce overhead, etc.
  • Work with accounting department;
    • On all billing and invoicing matters.
    • To ensure the accuracy of a monthly capital expenditure tracking spreadsheet on each asset. 
    • To execute and optimize the construction draw process on multiple construction loans. 
  • Identify and focus on critical issues related to costs and project logistics.




  • Minimum ten (10) years of professional experience and successful track record in multifamily real estate. 
  • A bachelor’s degree from an accredited university in Construction Management, Engineering, or related field.
  • Strong quantitative abilities, with advanced skills in Excel.
  • Excellent communication and listening skills with leadership experience.
  • Ability to work independently as well as in a collaborative team environment.
  • Based in DFW
  • Able to travel to FL when necessary


Preferred Experience/ Qualifications:

  • LEED, LEAN, AIA, EIT or PE, CHC and / or other related industry accreditations preferred.
  • Work experience in the greater Dallas / Fort Worth area markets preferred.
  • Knowledge of affordable housing programs (LIHTC, HOME, HUD, etc.)
  • Excel, Resman, OneSite, experience.

Job Functions

  • Construction
  • Project Management
  • Property Management

Job Sector

  • Residential


7+ to 10 years

This job is no longer active.

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