Company: Riaz Capital
Posted on: November 12, 2019
Our Company Riaz Capital is a fully integrated development,
construction and property management company, focused on addressing
the changing housing needs of the millennial generation.
Our latest projects are aimed at creating affordable and
conveniently located housing for young professionals in the East
Bay through ground up development projects. The Bay Area's
tremendous growth has resulted in skyrocketing housing costs
forcing young professionals to make hard choices about privacy and
savings to find a reasonable housing option to call home. On
average, Bay Area millennials are spending 48% of their income on
housing verses a national average of 25%. As a result, Riaz Capital
has launched a number of new projects around a workforce housing
strategy focused on providing the missing middle demographic rent
homes that are comfortable, cool and mostly importantly work with
their financial goals. We raised a $35M fund in 2018, which we are
pairing with a larger fund raised in 2019 to implement this
affordable-by-design concept throughout the East Bay, with a
Company goal of creating over $1B in assets under management by
2025. We are seeking highly motivated, forward thinking
professionals to join our team in solving this important housing
The Riaz Capital team includes over 95 talented real estate
investment, construction and operations professionals in Oakland.
Our Principals have been successfully operating in the Bay Area
since 1977. The Company currently owns and operates -1,100 units,
with $300 Million of assets under management (AUM). Riaz Capital
has maintained consistent growth over the last 5+ years, and after
the completion of three development projects currently in process,
that number will increase to -1,400 units with -$400 Million AUM by
end of 2019. Our integrated group of companies across development,
construction, and property management delivers efficiency and
long-term thinking to all our projects while allowing us to create
above-market returns for our investors.
As a vertically integrated development and construction company, we
desire a highly motivated person who enjoys multi-tasking and
working in a fast-paced environment. The ideal candidate is excited
to own the success of their projects, as well as to contribute to
the growth of a development Company.
Project-Facilities Manager You are a self-starter who seeks
challenges and thrives in a fast-paced environment! You have
exceptional planning skills, know where you are going, and inspire
confidence in others as you propel them to achieve results and meet
deadlines. You know things happen so you can shift gears quickly
and often in response to crisis and change without missing a beat.
People listen to you because you own your responsibilities and your
authority. If this sounds like you, come join our team! As our
Project Facilities Manager, you will report to the Chief Portfolio
Officer, and work with members of the Property and Asset Management
teams, and the Project and Accounting teams. You will be
responsible for the overall management of capital improvements and
technical building services for a diverse multifamily portfolio of
apartment buildings in the Oakland region. You will lead an
in-house team and work with 3rd party contractors to provide
maintenance services, perform capital improvements, own financial
budgeting and expense controls, source new contractors and
subcontractors, and manage contracts and procurement for the
department. You have experience building mechanical systems,
construction, and an understanding of construction drawings and the
permit process. You will provide management oversight of building
improvement projects, on-going maintenance activities, as well as
the preventative maintenance plan to ensure buildings meet quality
and aesthetic standards. In addition, you will keep abreast of the
latest technology to further improve cost and performance of
facility systems, and propose, plan and coordinate capital asset
improvement projects. You will also ensure that health and safety
practices are followed closely in all work environments including,
but not limited to, issues related to mechanical, electrical, fire,
life safety and other hazards. Duties and Responsibilities:
- Responsible for managing CAPEX projects including, but not
limited to, defining the scope, developing and bidding out the
budget, obtaining necessary permits from the planning/building
departments, setting up the job sites, managing vendors and
in-house team to hit schedule and budget goals.
- Responsible for managing the maintenance and grounds-keeping
team and department for apartment building portfolio.
- Responsible for implementing standard training policies and
procedures for maintenance team & other staff as needed, including
safety training, skills courses, and other on-going education.
Ensure trainings are utilized in the field.
- Conduct and document unit turnover and recurring property
inspections of all properties to ensure quality and organizational
standards are maintained.
- Work with property management and asset management teams to
ensure adherence to property expense budgets.
- Act as lead point of contact for emergency maintenance
situations, as well as ad hoc technical issues across the
portfolio. Communicate with property management and asset
management teams, city and government officials, inspectors,
- Assist in due diligence of new property acquisitions to
determine maintenance requirements and cost projections.
Qualifications: -- 4+ years of operational and technical facilities
experience managing a multifamily property.
-- BA/BS Degree in Electrical or Mechanical Engineering a plus, or
other relevant certification and training.
-- Experience in managing a team of direct reports, with good
organization, communication and leadership skills.
-- Understanding of facility, mechanical, and electrical systems,
building construction, and interpreting city code requirements.
-- Able to read, analyze, and interpret common technical documents,
architectural plans, and financial reports.
-- Experience in budget estimating, project management software and
a working knowledge of Microsoft Office- Excel, Word and
PowerPoint. Riaz Capital is an equal opportunity employer and
values diversity in the workplace. Salary: Commensurate with
experienceStatus: Full-timeStart Date: ImmediatelyLocation: Oakland
Keywords: Riaz Capital, Castro Valley , Project-Facilities Manager, Executive , Oakland, California
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