Construction / Development Associate

Company Description

Rubenstein Partners is the fund manager for a series of private equity funds focused on office investments throughout the United States.  The firm is vertically integrated and provides first-class investment services on behalf of its investor base, which consists of some of the nation’s preeminent public and private pension funds, university endowments and family offices.  The firm is organizationally structured to achieve superior risk-adjusted results through investment and operational specialization, and therefore focuses on a single asset class (office), a single segment of the risk spectrum (value-added) and geography (United States).  The bulk of fund investments involve complicated office real estate transactions, including assets requiring major redevelopment, vacant lease-up and/or complex recapitalization.

Primary responsibilities include:

• Preparing, monitoring, and updating schedules and budgets for various projects to facilitate project management and for upward reporting.

• Coordination of project/property information with relevant internal and external parties.

• Preparing summary and detailed scopes of work for various contemplated projects and coordinating budget development for construction of those projects. This includes the development of capital improvement strategies for potential acquisitions.

• Preparation of scopes of work for investigation, planning and design services related to tenant improvement, capital improvement, and other construction projects, solicitation of pricing for such work and preparation and administration/oversight of contracts for performance of such work.

• Research of municipal and regulatory codes to identify permit/approval requirements and the process/deliverable for achievement of permits/approvals.  Development of schedule, budget and required scopes of work to obtain permits/approvals and implementation/management of the permit/approval process.

• Coordination and collaborative development of scopes, budgets and schedules for construction projects with others within the company including acquisition/asset management analysts/associates and property management/operations staff.

• Coordination of requests for payment on various planning, design and construction related contracts including preparing, or assisting in the preparation of, draw requests for equity or debt.  Provide tracking of payments and assist accounting and analyst/associate staff with reconciliation of project amounts incurred, accrued, paid and pending.

• Depending on experience and needs, serve as project manager for certain tenant improvement, capital improvement or other construction projects, including attendance at on site project meetings.

• Perform and assist various due diligence tasks during both acquisition and disposition of various fund investments.

• Other tasks as assigned.

Qualifications

• Bachelor’s Degree in engineering, architecture, construction/project management, or related field of study.

• 1-3 years of full-time experience in planning, design, construction, or project management fields. 

• Strong written and oral communication skills and have a proactive, self-starting personality. 

• Experience and proficiency with project/construction scheduling software, job budgeting/costing software.

• Experience with and/or demonstrated interest in office buildings or commercial real estate is a strong plus.