Director of Build to Rent

Job Description

Job Description

Director of Build to Rent

About Red Cedar

Red Cedar Capital Partners LLC is a residential developer and homebuilder in Charlotte, NC & surrounding markets. Red Cedar is the parent company of Red Cedar Construction, Red Cedar Homes, Red Cedar Development, and Red Cedar Realty, as well as a private label mortgage company and homebuilding supply company - all of which support the Red Cedar ecosystem.

The primary focus of the company is developing land into beautiful communities and building attainably priced homes that fit today's real estate market.

Red Cedar has grown exponentially since 2016 and is one of the fastest-growing homebuilders in the Southeast.

Red Cedar Homes is seeking an experienced and driven Director of Build-to-Rent (BFR) to join our growing team. This role is crucial in overseeing the development of multiple Build-for-Rent communities, ensuring timely project completion, cost management, and seamless collaboration with internal teams and subcontractors.

The ideal candidate will have a deep understanding of the Build-for-Rent model and a strong background in residential construction, particularly with multi-family and single-family residential developments.

This is an office-based role focused on managing projects, financial oversight, and driving business development efforts.

Primary Responsibilities

• Oversee the management of multiple Build-for-Rent (BFR) projects from conception to completion, ensuring adherence to timelines, budgets, and
• Working with engineers, planners, and government agencies to ensure site plans are executed properly.
• Coordinating front-end activities with construction and other departments to ensure timely project execution.
• Administer project buyouts, subcontractor agreements, and procurement processes for assigned projects.
• Review, collect, analyze, and approve subcontractor draws to ensure proper billing and financial accuracy.
• Prepare and submit monthly bank draws to secure project funding and maintain financial health.
• Track and update project schedules regularly to ensure project milestones are met on time.
• Create and present detailed monthly project reports to management and stakeholders, highlighting progress, financials, and any potential risks.
• Work closely with preconstruction teams to develop estimates, pricing, and project budgets when necessary, including in cases where preconstruction teams are unavailable.
• Participate in business development initiatives to foster relationships with potential investors, partners, and landowners for future Build-for-Rent opportunities.
• Coordinate with internal departments, such as finance, legal, and operations, to streamline project execution and resolve any issues that may arise.
• Maintain an up-to-date knowledge of market trends, regulatory requirements, and industry best practices for the Build-for-Rent sector.
• Ensure compliance with safety standards, local regulations, and company policies throughout the project lifecycle.
• Other duties as assigned.

Required Skills & Experience

• 3+ years of equivalent experience at the management level in residential construction, project management, or a related role, preferably within the Build-for-Rent, multi-family, or single-family development sectors.
• Bachelor's degree in construction management, real estate, business administration, or a related field preferred.
• Strong understanding of the Build-for-Rent model, including market dynamics, investor relations, and rental community management.
• Experience in AIA contract management, negotiation and review.
• Proven ability to manage multiple projects simultaneously, ensuring on-time and within-budget completion.
• Expertise in budgeting, cost estimation, and financial reporting, including the preparation of monthly bank draws and subcontractor payments.
• Proficient in project scheduling tools and software.
• Knowledgeable in construction contracts, subcontractor agreements, and procurement processes.
• Familiarity with zoning regulations, permitting processes, and other local building requirements.
• Experience in business development and fostering relationships with investors, landowners, and industry partners.
• Proficiency in Microsoft Office Suite.
• Minimum High School Diploma required
• Possess a valid Driver's License and vehicle insurance and willingness to travel locally as needed.

Traits

• Highly organized and detail-oriented, capable of managing complex projects with multiple moving parts.
• Analytical mindset, able to review and interpret financial data, project schedules, and contracts with precision.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with internal teams, subcontractors, and external stakeholders.
• Problem solver with a proactive attitude, capable of anticipating issues and addressing them before they impact project timelines or budgets.
• Self-motivated and results-driven, with a demonstrated ability to work independently and in a fast-paced environment.
• Leadership qualities, including mentoring junior staff, overseeing project teams, and fostering a positive, high-performance work culture.

Schedule :

Monday-Friday, standard daytime hours; 9 am - 5 pm. Occasional weekend work may be required.

Job Type :

Full-time position, averaging 40 hours per week.

Benefits :

• 100% paid Medical insurance for the employee.
• 100% paid Dental insurance for the employee.
• 100% paid Vision insurance for the employee.
• 401k with matching
• 11 Company paid holidays.
• 5.54 accrued hours Paid time off per bi-weekly pay period.

Ability to Commute / Relocate :

• Charlotte, NC : Ability to reliably commute or willingness to relocate before starting work (Required).
Work Location :
• In-person
• In-person

Work Environment :

Office-based environment with a business casual dress code. Standard office equipment, such as computers, phones, photocopiers, and filing cabinets are used in this role.

Physical Demands :

The role requires the ability to talk and hear, stand, walk, use hands to handle or feel, and reach with hands and arms.

Occasional lifting of office products and supplies, up to 20 pounds, may be necessary. Some travel might be required.

To apply, please submit your resume and cover letter highlighting your relevant experience and qualifications. If you have any questions please contact us at hr@redcedarco.

com. We look forward to reviewing your application and potentially welcoming you to our team at Red Cedar Homes, LLC.

Red Cedar Capital Partners LLC. is an Equal Opportunity Employer.

We do not discriminate based on race, traits historically associated with race, hair texture and protective hairstyles, color, national origin, ancestry, creed, religion, physical and mental disability, genetic information, marital status, sex gender, gender identity or expression, pregnancy, sexual orientation age, military or veteran status, or any other basis protected by applicable law.