AVP, Closing & Due Diligence; Construction Services

Description

This Opportunity

The Assistant Vice President in Construction Services will play a critical leadership role in conducting physical and environmental due diligence and overseeing the execution of construction projects across the portfolio. This individual will support strategic planning, project delivery, contractor management, and quality assurance, ensuring projects are completed on time, within budget, and to the highest standards. The AVP will collaborate cross-functionally with acquisitions and asset management to drive operational excellence and mitigate construction risk.

The ideal candidate should have an engineering, architecture, or construction background with related experience in consulting, construction or design. The Construction Services Group is responsible for the coordination, oversight and reporting of all physical and environmental aspects of the real estate acquisition, operation, and development process on behalf of Heitman.

• Due Diligence & Risk Mitigation:
  • Implement Heitman’s established procedures for environmental and physical due diligence on existing properties prior to acquisition.
  • Hire and monitor third‑party consultants, analyze and disseminate findings, and assess impacts against original underwriting.
  • Proactively identify and resolve issues uncovered during due diligence, recommend practical solutions to mitigate risks and ensure alignment with investment objectives.
• Development Oversight:
  • Monitor development projects, including monthly construction progress reviews, pay applications, schedule tracking, change order approvals, budget adherence, and quality control.
  • In conjunction with third‑party consultants, verify accuracy of hard and soft budgets, review and approve development plans, specifications, development agreements, and construction contracts.
• Cross-Functional Support:
  • Assist the Debt Group with property loan due diligence and support the team in managing general contractors, construction managers, and third‑party consultants. Coordinate communication, monitor performance, and ensure adherence to project timelines and budgets.
  • Periodically inspect properties under development and active acquisition due diligence to verify physical condition, adequacy of construction, and compliance with approved scope and cost.

• Minimum 5 years of experience in MEP design, Architectural design, Construction Project Management or related field. Working in a consulting services related field pertaining to construction and design forensics is a plus.
• Architectural, Engineering, Environmental, or Construction Management degree with relevant real estate experience.
• Ability to explain technical matters in a way nontechnical colleagues can understand.
• Interest in real estate transactions, development and property operations.
• Excellent verbal and written communication skills.
• Proficient in Excel and Word.
• Highly organized, responsive, and deadline driven with an ability to prioritize tasks and work on multiple assignments simultaneously.
• Ability to work both independently and as part of a team with professionals at all levels.

• This position is based in our Chicago office.
• Our teams work in a hybrid environment and in‑office days vary by team.
• Moderate to extensive travel required.

Periodically inspect properties under development and active acquisition due diligence to verify physical condition, adequacy of construction, and compliance with approved scope and cost.

At Heitman, we believe that our success is driven by the success of our team members. That's why we use market data to ensure competitive compensation for every role, reflecting our commitment to investing in our team. When we grow, you grow!

The expected annual base salary range for this role is $100,000–$130,000 and will be further discussed during the interview process. This range represents what Heitman reasonably and in good faith believe we would pay a qualified candidate for this role at the time of posting (based on a full‑time equivalent schedule). Your actual base salary placement will depend on factors such as (but…