Career Opportunities

The Kensington Investment Company, Inc. (KIC), is the family office of the Lewis Family.  KIC’s primary areas of investment include real estate, direct investments in private companies, and alternative investment vehicles, such as private equity and venture capital funds.

In addition to real estate and other investments, the Lewis Family owns Grand Circle Corporation (GCC), which operates through the brands Grand Circle Cruise Line, Overseas Adventure Travel, and Grand Circle Travel, and is the nationally recognized leader in international travel, adventure, and discovery to Americans over the age of 50.

The Lewis family and KIC have formalized their commitment to changing people’s lives and giving back to the communities where they travel, live, and work through philanthropic endeavors, which include Pinnacle Leadership Foundation, Lewis Family Foundation, Grand Circle Foundation, and the  Eastman’s Corner Foundation.

Position Summary:

A growing real estate company based in the Park City is seeking an energetic individual to fill the position of Real Estate Development Manager.  This position will be responsible for the execution of all design and construction aspects of our Utah area developments.  This candidate must have experience in developing large scale multi family projects.

The successful candidate will possess solid business acumen, strong managerial and leadership skills and the ability to work effectively in a fast-paced and dynamic environment. Experience with working with outside consultants and contractors such as architects, engineers, interior designers, marketing/branding professionals, and general contractors a must.

The candidate should be a highly motivated professional and willing to take responsibility for measured goals, extremely comfortable and confident working in a fast paced privately held family office and committed to supporting Kensington’s long-term strategic goals. This candidate needs to be experienced, focused, eager to learn, a forward thinker, and have a high sense of urgency while still paying close attention to detail. The candidate should also exemplify the Company’s key values of Open and Courageous communication and Risk Taking by raising issues openly and timely with recommended actions.

Job Location: Utah

Position Type: Full-Time

Reports to: Executive Vice President of Real Estate Development

Salary: Negotiable

Design Management:

• Manage the efforts of the A & E team to develop a building design that supports the KIC’s business plan goals and vision for the project.
• Manage the efforts of KIC’s Consultants in coordination with the A & E team.
• Organize and lead weekly design development coordination meetings.
• Review the quality of the design documents through the various stages of design and insure coordination between the various trades of the A & E team and KIC’ss Consultants.
• Track design open items for resolution.

Budget Management:

• Secure construction cost estimates from Contractor at each phase of the project.
• Manage the scope & quality of the design such that it meets KIC’s budget goals.
• Work with accounting staff to produce monthly cost report forecasting and managing any budget variances.
• Work with finance staff to support financial modeling efforts and project financing process.

Schedule Management:

• Update project schedule on a periodic basis to meet KIC’s business plan goals.
• Secure construction schedules from contractors at each phase of the project.
• Manage the efforts of the A & E team and to ensure all activities required to advance the project are completed as per the project schedule.
• Forecast any schedule variances and manage the Contractor to formulate recovery strategies.

Construction Management:

• Visit the construction site daily or as required.
• Manage the activities of A&E team, KIC’s Consultants and contractor to ensure the project budget and schedule goals are met.
• Participate in OAC meetings and make sure design and construction issues are being resolved by the project team. Ensure meeting minutes, submittals, RFI’s, sketches, change order logs, field observation reports, etc. are being promptly addressed by the A&E and Contractor staff.
• Monitor construction quality control processes including testing agencies, A&E team site visits, contractor QA/QC. Ensure scope and quality of work is consistent with Contract Documents.
• Review and process Contractor’s monthly applications for payment. Ensure all back-up documentation (in particular lien waivers) is consistent with Equity Partner and Lender requirements.  Work with accounting team to produce KIC’s funding requests.  Work with Equity Partner and Lender inspectors to schedule monthly inspections and address any questions.  Monitor and expedite monthly funding process.
• Review Contractor’s Monthly Progress Report and prepare KIC’s report to Equity partner and Lender.
• Address any construction impact issues with neighbors and abutters

Project Close-Out:

• Manage Contractor and A&E team punch-list. Produce Owner’s punch-list.
• Review and approve Contractors closing documents including warranties, as-built drawings, O&M manuals final lien waivers, etc.
• Assist Contractor in obtaining final inspections from Special Inspector and all pertinent city agencies.
• Manage the Certificate of Occupancy process with the General Contractor and all other city agencies.
• Coordinate with property management the timely inclusion of their staff in project meetings and scheduling of training by Contractor.
• Coordinate between Contractor, Leasing and Property Management staff to develop a reasonable tenant move-in schedule, phasing and logistics during the balance of the construction.

Marketing Assistance:

• Coordinate with the leasing and marketing team the production of renderings and drawings to support the marketing efforts.
• Coordinate the production of leasing offices, model units, leasing signage and other marketing support materials.
• Facilitate leasing team’s preconstruction leasing efforts including site tours and broker events,
• Entitlements and Permits

Basic Requirements

• Experience in a multifamily tower development and/or at least one multifamily project of 250,000 sq. feet or more.
• 10-15 years of relevant experience
• Project Management Professional (PMP) certificate preferred
• Ability to identify hot issues and quickly point them out with candor and honesty
• Consistently applies KIC values
• Leadership skills
• High attention to detail
• High sense of urgency
• Ability to act swiftly and diligently to resolve issues
• Excellent communication skills, both written and oral
• Experience successfully managing policy and systems implementation to achieve organizational objectives

Qualifying Personal Surveys:  All eligible candidates will be required to complete a Predictive Index and Leadership Evaluation Assessment survey; drug screening, and background check.