Director, Architecture & Engineering
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Upload Your ResumeAbout This Role
The Director, Architecture and Engineering - Asset Management will oversee architectural, engineering, construction, and environmental aspects of real estate transactions for a 3rd party institutional client within Principal Real Estate. This role involves managing development projects, leading due diligence for acquisitions/dispositions, providing technical expertise for asset management, and developing sustainability initiatives.
Responsibilities
- Manage entitlement, budgeting, design, bidding, construction, and close-out activities for development, redevelopment, environmental remediation, capital projects, and tenant improvements.
- Oversee project teams from selection through completion, review design documents, support value engineering, monitor sustainability goals, and guide field progress to reduce risk and enhance asset value.
- Lead due diligence for acquisitions, mortgages, dispositions, and foreclosures, evaluating building systems, construction quality, environmental and seismic conditions, and long-term capital needs.
- Provide expert recommendations and cost assessments to support accurate underwriting and risk evaluation.
- Provide guidance and technical expertise to asset management, portfolio management, property management, and leasing teams on all physical aspects of the real estate portfolio.
- Develop and execute sustainability initiatives aligned with client goals, including energy/water efficiency, renewable/on-site generation opportunities, and building automation improvements.
- Pursue LEED, ENERGY STAR, and other industry certifications; identify and secure rebates, incentives, and tax benefits for eligible projects.
- Stay current on industry trends, engineering standards, and best practices.
Requirements
- Bachelor's degree and professional licensure in Architecture, Mechanical Engineering, Construction Management, Civil/Environmental Engineering or other applicable field
- 10+ years of relevant post-licensure experience
- Comprehensive knowledge of applicable regulatory standards
Qualifications
- Bachelor's degree and professional licensure in Architecture, Mechanical Engineering, Construction Management, Civil/Environmental Engineering or other applicable field
- 10+ years of relevant post-licensure experience in a related position at an investment firm or in an architectural, engineering, or construction management position
Nice to Have
- Prior experience at an investment management firm
- Project management experience in a variety of building project types (senior living, multi-family residential, office, retail, industrial)
- Experience working with joint venture partners
- Ability to manage third-party technical consultants, interpret reports and provide recommendations for in-house asset management staff
- Master's Degree
- Strong client service orientation
- Ability to make effective, critical high-impact decisions
- Creative problem-solving capabilities
- Proven consulting and project management skills
Benefits
About Principal Financial Group
Principal Asset Management is the global investment solutions business for Principal Financial Group, managing about $580 billion in assets and over 60 years of experience.