Longfellow Real Estate Partners - Project Manager

Please send cover letter and resume to eschwimmer@lfrep.com

 

Company Background:

Longfellow Real Estate Partners acquires, develops and manages life science real estate for leading universities, institutions and companies.  Our institutional capabilities and entrepreneurial vision enable us to deliver high quality projects while satisfying each tenant's unique requirements.

Longfellow is a collaborative and highly entrepreneurial organization. The firm has grown from a small start up to a 65+ person organization with over $2 billion in assets under management.  We pride ourselves on a shared work ethic and a focus on accomplishing collective objectives.  Longfellow strives to develop deep and lasting relationships internally within our team and externally with our investors, clients and vendors through a shared vision and values.  

Longfellow is experiencing considerable growth as we continue to expand our National footprint.  Longfellow is currently investing on behalf of Longfellow Strategic Value Fund, a $500 million perpetual-life vehicle.  This fund is the first in a series with total commitments of $2 billion. With the fund we are actively expanding our existing operations in our target markets.  Currently we’re looking for a collaborative and entrepreneurial individual to join Longfellow.  We envision considerable opportunity for advancement as our organization expands.  We believe in developing talent and providing resources for health, wellness and quality of life.

Our clients are visionary institutions and companies pushing the boundaries of human knowledge.  We approach our work in the same manner in order to serve them.  We embrace the benefits of rapidly evolving technology and expect that our team will thrive in a dynamic and collaborative work environment.

Position Background:

We are seeking to hire an experienced and highly talented Project Manager for ground-up development projects, redevelopment of existing buildings, and tenant improvements. This position will require moderate travel within the operational region to which the Project Manager is assigned. The Project Manager will report directly to the Senior Project Manager and work closely with the Regional Director of Design and Construction. The Project Manager will also have a working relationship with the local Asset Manager, Investment Manager, Property Manager, Marketing Manager, the Managing Director and Executive Sponsor of the Region.  The ideal candidate will have established a career in project management with the requisite skills to oversee the complexities of life science real estate while maintaining the highest level of integrity.

The Project Manager will work closely with Longfellow colleagues as well as architects, engineers, contractors, specialty consultants, brokers and tenant representatives.  The position provides exposure to a full range of duties within a fast-growing real estate development and management firm.  As such, the position demands a dedicated individual with excellent attention to detail, leadership skills, facility with numbers and software applications, good people skills and the ability to establish priorities, multi-task, work independently and solve problems. 

Specific Responsibilities:

 

Project/Opportunity Evaluation Phase

  • Review all information and documents provided as part of the offering

  • Support the preliminary analysis of the opportunity by touring the property, and advise on the condition of the property with consideration of logistical or construction matters that will influence the project schedule or costs

  • Support zoning review of property for use type, easements, flood zones and parking criteria

  • Support the development of a winning strategy and business plan for the asset

  • Working with the Senior Project Manager, participate in developing a preliminary hard cost and soft cost budget and prepare a cash flow to assist the Investments Team in creation of the financial model

 

Due Diligence Phase

  • Support evaluation of the opportunity by identifying design and construction risk factors that may impact the success of the acquisition including, site conditions, building infrastructure, market conditions, labor environment, cost escalation, supply chain threats and entitlement and permitting delays

  • Collaborate with professional service providers engaged to evaluate the opportunity during due diligence

  • Working with the Senior Project Manager, participate in developing a final hard cost and soft cost budget and prepare a cash flow to assist the investments team in finalizing the financial model

 

Preconstruction Phase

  • Project Initiation & Strategy

  • Assist in confirming master project schedule

  • Assist in confirming project budget

  • Design Team Management

  • Participate in the selection process for the project design professionals with the Senior Project Manager 

  • Participate in the RFP process for the selection of the architect and engineers with the Senior Project Manager

  • Draft the professional services agreements – i.e.; architect, engineers, specialty consultants

  • Participate in the internal project kick-off

  • Participate in the construction document production and assist in the quality assurance review of the documents

  • Contractor/CM Management​

    • Support the RFP process for selection of the general contractor including developing the RFP, participating in the interview process, evaluating the proposals and providing input for award

    • Draft the Construction Agreement 

    • Supervise the contractor’s preconstruction services including their development of staffing plan, logistics, schedule and construction cost estimate in strict conformance with the project budget and schedule

    • Conduct or participate in regular preconstruction meetings with stakeholders and require that the architect keep minutes of the meetings 

 

Construction Phase

 

  • Construction Administration

    • Review contractor’s development of the baseline critical path schedule, schedule of values, and submittal schedule

    • Conduct or participate in regular construction meetings with contractor, designer, tenant (if applicable) and Longfellow stakeholders. Review, and approve meeting minutes for distribution by contractor

    • Evaluate contractor’s recommendations for subcontractor award

    • Monitor construction progress, quality, and schedule for compliance with the construction contract

    • Conduct monthly payment application review meetings with the architect and contractor

    • Evaluate monthly applications for payment and confirm requests are consistent with work in place. Confirm that all supporting documentation, including lien releases, material supplier invoices and subcontractor requests are consistent with status of work. Make recommendation for approval to Senior Project Manager

    • Coordinate Architect’s certification of monthly applications for payment

    • Manage the process of contractor change order request review and approval including design team review, tenant approval (if applicable), and signature of Regional Director

  • Owners Separate Contractors

    • Participate in the RFP process for procurement of the owner-direct services or equipment for project

    • Support execution of all work and delivery of services

  • Financial and Administrative Management and Reporting

    • Update project cost reports and cash flows monthly

    • Check logs of subcontract award approval, contractor change order requests, and design professional’s additional services requests

    • Review design team monthly invoices and recommend approval by the Senior Project Manager

    • Draft reporting required by stakeholders, Managing Director and Executive Sponsor

    • Update use of owner contingency and forecast through project completion

    • Prepare insurance program reporting required

 

Construction Close Out

 

  • Monitor building official inspections for compliance with project schedule

  • Monitor general contractor’s punch list process with architect and confirm completion of punch list work

  • Oversee commissioning agent work 

  • Review and approve contractor close out documents, including O & M Manuals, as-built documents, and warranties

  • Witness and approve training of systems and equipment

  • Support financial close out of designers and contractor

 

Leasing Support

 

  • Assist with development of marketing materials to support leasing efforts

  • Assist Asset Managers with development of budgets for capital expenditures (“Cap Ex”) 

  • Support Asset Management in leasing efforts by providing space planning and tenant programming and preliminary schedule and cost estimates

  • During lease negotiations, support Longfellow’s landlord broker and Asset Manager in cost estimating and scheduling

  • Review and advise on Lease work letters

 

Tenant Lead Construction Projects

 

  • Review Longfellow’s lease work letter obligations on tenant improvements projects managed by a third party, and enforce tenant’s work letter obligations during the design and construction period

  • Participate in the review of tenant’s design documents to confirm compliance with building standards, building systems and infrastructure 

  • Attend weekly tenant/architect/contractor meetings and monitor tenant lead construction activities on behalf of property owner

  • Ensure that work is executed in compliance with building rules

 

Qualifications

 

We are looking for a passionate team player with grit, high integrity and a honed attention to detail. In addition, we expect that your life outside work is as important as your career and that you are driven to succeed in both

 

  • 3 - 5 years of experience successfully managing design and construction projects for an architectural firm, general contractor or owner agency firm

  • Life science, research, or technology-related experience is highly valued

  • BS, or equivalent in engineering, architecture, construction management strongly preferred

  • Day to Day working proficiency with Excel, Word, MS Project

  • Working proficiency with Bluebeam and AutoCAD not required, but highly valued

  • Excellent oral and written communication skills

  • Demonstrated ability to handle multiple tasks, simultaneously

  • Detail oriented, self-directed and with a strong work ethic 

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