AVP, Closing & Due Diligence; Construction Services

Overview

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.

• 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.

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. Your actual base salary placement will depend on factors such as your relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location.

All team members are bonus eligible and participate in a generous annual bonus plan, with the percentage varying based on role and level.

In alignment with our People First core value, we offer rewarding careers that focus on both personal and professional growth. We provide competitive compensation and a leading-edge, human-centric benefits package. to view the details of our benefits.

Equal Employment Opportunity: Heitman is an equal employment opportunity employer and complies with all applicable laws prohibiting discrimination based on race, color, creed, religion, sex, age, national origin or ancestry, physical, medical or mental disability or condition, developmental disability, veteran status, marital status, sexual orientation, or other protected characteristics.