Project Manager - Construction

Greystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, with $13 billion in loan originations in 2025. The firm consistently ranks in the Top 10 for Fannie Mae & Freddie Mac by multifamily loan volume and is the #1* Overall HUD Multifamily and Healthcare Lender in the country. Greystone also ranks nationally as a top affordable housing, seniors housing, and small balance loan lender. At Greystone, charity is at the heart of who we are and what we do.

At Greystone, everything we do is driven by our purpose of improving others’ lives. As we work hard to maintain our ranking as a top national commercial real estate lender, our culture of caring and support is just as important. We don’t just say “Where People Matter” – we lead with this mantra every day to guide our actions and behaviors. Greystone is committed to fostering and preserving a culture of inclusion. Belonging is at the heart of our culture of caring, integrity and excellence and is a driving force behind our entrepreneurial spirit and creativity.

Our fast-growing organization is seeking an experienced and motivated Project Manager to join the expanding Construction Management team. This individual will play an integral role in advancing our affordable multi-family development portfolio. The Project Manager will oversee the execution of our development projects including assigned new construction, rehabilitation, and mixed-use projects. The ideal candidate will be a high-energy, results oriented, self-starting professional with technical knowledge of the affordable, multi-family construction industry. This position works in close coordination with GAD’s and HHAD’s Business Development, Development, Finance, and Accounting teams located in our Raleigh, North Carolina office and will report to the Vice President of Construction.

The Project Manager will oversee the planning, management, and execution of both new construction and rehabilitation projects for affordable housing communities across the country. This role will require collaboration with cross-functional teams and  technical expertise, including design, finance, development, and asset management. The ideal candidate will have experience in affordable housing development, an understanding of construction management processes, excellent communication skills, a proven ability to manage multiple complex projects, and the ability to travel 25% of the time.

Primary Duties and Responsibilities:

Project Planning and Design Coordination:

• Oversee due diligence and pre-development activities for new construction and rehabilitation projects, including but not limited to, conducting site inspections, engaging various third-party consultants, managing permitting requirements and timelines, and maintaining project trackers.
• Participate in hiring and managing design and engineering consultants to ensure projects meet quality, cost, and timeline objectives.
• Coordinate and monitor the design process, ensuring alignment with project goals, scope of work,  and regulatory requirements.
• Manage the preparation and review of project documents, including drawings, specifications, and scopes of work.

Construction Oversight:

• Take the lead in identifying potential construction risk by ensuring document accuracy and consistency as related to scope, quality, schedule, and costs.
• Work closely with General Contractors to track construction progress, identify potential challenges, and ensure adherence to project plans.
• Participate in site visits to monitor quality and compliance with specifications.
• Review contractor proposals, change orders, RFI’s, ASI,’s and pay applications for accuracy and alignment with budget and scope.
• Manage coordination of final finish selection with ownership, design team, and contractor.
• Lead project close out processes, including final documentation (e.g., warranties, O&M Manuals, As Built Surveys, Contact List, Final Unit Matrix, etc.), contractor retainage release, permit close-out, Certificates of Occupancy, and Certificates of Substantial Completion.

Team Collaboration:

• Work in tandem with Project Teams to manage multiple projects at various stages of development and construction.
• Collaborate with internal departments, such as Development, Finance, and Accounting, to ensure seamless communication and project integration.
• Assist other departments with project funding applications, waiver requests, and closing documents as needed; strategize and coordinate with other departments to ensure programmatic issues are adequately addressed.
• Actively participate in weekly project meetings and continuous updates of Project Milestone Schedules.
• Engage with external stakeholders, including community partners, government agencies, and investors, to address project needs and maintain strong relationships.

Financial and Administrative Support:

• Assist in budget preparation, bid leveling, cost tracking, and financial reporting for projects.
• Monitor project schedules, track milestones, and report progress to leadership.
• Ensure compliance with financing requirements, including LIHTC, USDA, and other government funding regulations.

Experience, Skills, and Abilities Required:

• Bachelor’s degree in construction management, engineering, architecture, or related field; or equivalent experience.
• 7+ years of progressive professional experience in multi-family construction project management or real estate development experience, with knowledge of affordable housing programs (LIHTC, HOME, HUD, etc.) a strong plus.
• Extensive knowledge of construction processes, codes, and regulations.
• Proven experience in the management of multiple projects, schedules, and budgets effectively.
• Excellent communication, negotiation, and problem-solving skills.
• Proficiency with project management software (e.g., Procore, MS Project, Smartsheet) and Microsoft Office Suite.
• Strong quantitative abilities to develop, maintain and track cost estimates and project schedules.
• Experience in reading and reviewing construction plans and specifications.
• High level of accuracy and attention to detail, with the ability to manage multiple time- sensitive priorities.
• Skilled negotiator with the ability to present recommendations clearly and effectively.
• Strong interpersonal and relationship management skills, with the ability to cultivate productive relationships with third party consultants, agencies, and partners.
• Bi-lingual  in English/Spanish a strong plus.
• Ability to travel up to 25% as needed for project site visits and team meetings: a valid and unrestricted Driver’s License is required.

At Greystone, we believe that finding creative solutions for our clients comes from the collaboration of people with diverse backgrounds and perspectives. We strive to build a work environment that empowers all individuals with opportunities to channel their entrepreneurial spirit. Greystone is an EEO employer.

*For HUD's 2025 fiscal year ending September 30, 2025. Based upon combined firm commitments received by Greystone Funding Company LLC and Greystone Servicing company LLC and excludes risk sharing and hospital loans.”

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