Cardone Capital · 1 week ago
Director of Capital Improvements
Cardone Capital is a leading multi family real estate investment firm focused on delivering exceptional value through strategic acquisitions and asset management. The Director of Capital Improvements will oversee capital improvement projects across a portfolio of apartment communities, ensuring efficient execution and cost-effectiveness while developing long-term capital plans to enhance property value and resident satisfaction.
Responsibilities
Lead the planning, bidding, budgeting, and execution of capital improvement projects across the portfolio
Ensure that all projects are competitively bid and contracts are awarded in line with company standards and pricing expectations
Develop and maintain a 1-year, 3-year, and 5-year capital improvement plan for each property in collaboration with asset management and property management teams
Conduct regular property inspections to assess physical condition and identify areas for improvement
Work closely with contractors, consultants, and vendors to ensure timely, high-quality project completion within budget
Monitor progress, resolve issues, and communicate status updates to internal stakeholders
Ensure compliance with all local, state, and federal regulations related to construction and property improvements
Evaluate return on investment (ROI) for capital initiatives and recommend improvements that align with strategic goals
Maintain detailed documentation and reporting on project scopes, bids, costs, and outcomes
Qualification
Required
Bachelor's degree in Construction Management, Engineering, Real Estate, or related field preferred
Minimum of 7–10 years of experience managing capital improvement or construction projects in multifamily real estate or a related industry
Proven experience in project bidding, contractor negotiation, and vendor management
Strong understanding of building systems, construction methods, and code compliance
Exceptional organizational and project management skills
Excellent communication and interpersonal skills
Proficient in Microsoft Office and project management software (e.g., Procore, Yardi, or similar)
Preferred
Professional certifications (e.g., PMP, LEED AP, or similar) a plus
Experience with value-add renovations or repositioning of multifamily assets
Benefits
Health, dental, and vision benefits
401(k)
Opportunities for career advancement in a high-growth environment
A collaborative, entrepreneurial culture that values innovation and results
Company
Cardone Capital
Cardone Capital’s portfolio currently consists of 6,537 units with a total value of over $1.4 billion.
Funding
Current Stage
Growth StageTotal Funding
$277.5MKey Investors
Square Mile Capital
2021-12-16Debt Financing· $277.5M
Recent News
2025-12-19
2025-10-25
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