Capital Director

Company: Jones Lang LaSalle Incorporated
Location: Boston
Posted on: June 2, 2025

Job Description:

JLL empowers you to shape a brighter way.Our people at JLL and JLL Technologies are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented people and empowering them to thrive, grow meaningful careers and to find a place where they belong. Whether you've got deep experience in commercial real estate, skilled trades or technology, or you're looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward.Position SummaryWe are seeking an experienced and highly strategic professional to lead engineering and construction activities across our national real estate investment and development portfolio. This role is instrumental in bridging investment strategy with technical execution supporting the full asset lifecycle from underwriting through development, active management, and disposition. The ideal candidate will bring deep expertise in construction, design coordination, project execution, environmental risk mitigation, and sustainability. You will collaborate across departments and with joint venture partners, external consultants, contractors, and public agencies to ensure projects are executed efficiently, safely, and to the highest standards of quality.Key ResponsibilitiesGeneral -

• Pursue quality engineering and environmental firmsor consultants that can provide services for acquisition due diligence and special project work for properties.
• Maintain a continuing awareness of changes in environmental laws and research to establish and up to date proactive approach to dealing with engineering and environmental issues.
• Consult with legal counsel and state agencies on environmental and engineering issues that may be imposed on properties due to past or present use as well as changes in the building codes.
• Maintain affiliations with key industry groups working in the best interest of owners and property managers.
• Provide comments on pending issues and/or legislation through various subcommittee activities.Development & Transactions
  • Advise on underwriting and due diligence of prospective development projects, offering expert analysis on design, constructability, scheduling, and cost implications.
  • Participate in all stages of the development process, including structuring development agreements, validating hard and soft cost budgets, reviewing construction documents, and negotiating contracts.
  • Engage and oversee third-party consultants for technical due diligence, environmental reviews, and development monitoring to ensure alignment with investment assumptions.
  • Support entitlement and permitting processes by interfacing with public agencies and driving strategies that optimize project timelines and approvals.Capital Project & Construction Management
    • Oversee the planning and execution of larger capital projects (where existing provider doesn't have the capability or staff or is of significant enough size to warrant additional review), ensuring delivery on time, on budget, and within the defined scope and quality expectations.
    • Lead Advise on pre-construction activities including scope development, budgeting, and value engineering alongside design and internal teams, where needed.
    • Manage Facilitate RFP processes, selection, and contracting for general contractors, architects, engineers, and other consultants, where needed.
    • Monitor construction activities, review contractor pay applications, approve change orders, and participate in all project meetings to ensure transparency and accountability.Asset Management Support
      • Conduct property inspections and collaborate with asset managers to inform capital improvement plans, long-term maintenance strategies, and capital expenditure forecasting.
      • Provide technical oversight during disposition processes, ensuring accurate representation of building conditions and capital investment histories.
      • Act in a consulting capacity when emergencies or additional support is necessary.Acquisitions & Dispositions Support
        • Working with the various acquisitions personnel to help source, review and implement all diligence findings
        • Manage and coordinate engineering and environmental due diligence on property acquisitions and dispositions. E.g. Property Conditions Reports, Environmental, PML studies, Sustainability Management Reports, etc.
        • Help coordinate and source the correct consultancy resources - but also help to review and ultimately implement findings.
        • Review due diligence reports completed by third-party consultants for properties considered for acquisition.
        • Verify construction assumptions and appropriateness of reported items and the estimated time frames for implementing recommendations.
        • Seek closure to any open environmental and/or engineering issues that may be addressed in reports.
        • Coordinate Phase II investigations of subject site when necessary.
        • Assist Dispositions Group with environmental/engineering issues and reports on properties considered for disposition.
        • Work closely with the Asset Management and Risk Management team to evaluate construction and operational risks, support insurance renewals, and develop mitigation strategies.
        • Manage environmental due diligence processes, including Phase I and Phase Il assessments, remediation efforts, and regulatory reporting.
        • Respond to environmental incidents with coordination of consultants, contractors, and public agencies to drive resolution and limit exposure.
        • Sustainability & Innovation
        • Champion and implement sustainability initiatives that improve capital and operational efficiency, reduce energy, and water use, and enhance GRESB reporting outcomes.
        • Assist in standardize sustainability strategies across assets and ensure implementation meets corporate ESG goals.
        • Act as a resource for all ESG initiatives.Contract Property Management -
          • Assist and contract property managers with the transition of newly acquired properties.
          • Respond and provide solutions to contract property management regarding various architectural, engineering and/or environmental issues that arise at the managed properties through property audits, tenant improvements, capital projects, accidents/incidents or tenant misuse.
          • Evaluate construction and/or engineering plans and specifications for various projects.
          • Review and make recommendations regarding various selections and/or materials considered by contract property management for remedial repairs.
          • Assist in the selection of appropriate professional and/or contractor for special projects.
          • Support contract property managers by giving direction on operational issues.
          • Provide guidance to contract property management regarding prospective tenants.
          • Review lease language and MSDS sheets as they pertain to the tenant's use of the property when requested.Required Qualifications
            • 10+ years of relevant experience in real estate development, engineering, or construction management, with exposure to institutional-level real estate.
            • Strong command of project budgeting, scheduling, construction contracts, and value engineering.
            • Deep understanding of environmental risk, insurance underwriting, and sustainability practices.
            • Demonstrated leadership in managing multidisciplinary teams and external consultants.
            • Excellent communication, negotiation, and presentation skills.
            • Self-starter with the ability to thrive in a fast-paced, matrixed environment and exercise sound judgment under pressure.Key InterfacesInternal: Investment, Asset Management, Legal, Risk Management, ESG, Acquisitions/DispositionsExternal: Contractors, Consultants, Regulatory Agencies, Insurance Brokers, JV PartnersEstimated total compensation for this position:150,000.00 - 250,000.00 USD per yearJLL empowers you to shape a brighter way.Our people at JLL and JLL Technologies are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented people and empowering them to thrive, grow meaningful careers and to find a place where they belong. Whether you've got deep experience in commercial real estate, skilled trades or technology, or you're looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward.Position SummaryWe are seeking an experienced and highly strategic professional to lead engineering and construction activities across our national real estate investment and development portfolio. This role is instrumental in bridging investment strategy with technical execution supporting the full asset lifecycle from underwriting through development, active management, and disposition. The ideal candidate will bring deep expertise in construction, design coordination, project execution, environmental risk mitigation, and sustainability. You will collaborate across departments and with joint venture partners, external consultants, contractors, and public agencies to ensure projects are executed efficiently, safely, and to the highest standards of quality.Key ResponsibilitiesGeneral -
              • Pursue quality engineering and environmental firmsor consultants that can provide services for acquisition due diligence and special project work for properties.
              • Maintain a continuing awareness of changes in environmental laws and research to establish and up to date proactive approach to dealing with engineering and environmental issues.
              • Consult with legal counsel and state agencies on environmental and engineering issues that may be imposed on properties due to past or present use as well as changes in the building codes.
              • Maintain affiliations with key industry groups working in the best interest of owners and property managers.
              • Provide comments on pending issues and/or legislation through various subcommittee activities.Development & Transactions
                • Advise on underwriting and due diligence of prospective development projects, offering expert analysis on design, constructability, scheduling, and cost implications.
                • Participate in all stages of the development process, including structuring development agreements, validating hard and soft cost budgets, reviewing construction documents, and negotiating contracts.
                • Engage and oversee third-party consultants for technical due diligence, environmental reviews, and development monitoring to ensure alignment with investment assumptions.
                • Support entitlement and permitting processes by interfacing with public agencies and driving strategies that optimize project timelines and approvals.Capital Project & Construction Management
                  • Oversee the planning and execution of larger capital projects (where existing provider doesn't have the capability or staff or is of significant enough size to warrant additional review), ensuring delivery on time, on budget, and within the defined scope and quality expectations.
                  • Lead Advise on pre-construction activities including scope development, budgeting, and value engineering alongside design and internal teams, where needed.
                  • Manage Facilitate RFP processes, selection, and contracting for general contractors, architects, engineers, and other consultants, where needed.
                  • Monitor construction activities, review contractor pay applications, approve change orders, and participate in all project meetings to ensure transparency and accountability.Asset Management Support
                    • Conduct property inspections and collaborate with asset managers to inform capital improvement plans, long-term maintenance strategies, and capital expenditure forecasting.
                    • Provide technical oversight during disposition processes, ensuring accurate representation of building conditions and capital investment histories.
                    • Act in a consulting capacity when emergencies or additional support is necessary.Acquisitions & Dispositions Support
                      • Working with the various acquisitions personnel to help source, review and implement all diligence findings
                      • Manage and coordinate engineering and environmental due diligence on property acquisitions and dispositions. E.g. Property Conditions Reports, Environmental, PML studies, Sustainability Management Reports, etc.
                      • Help coordinate and source the correct consultancy resources - but also help to review and ultimately implement findings.
                      • Review due diligence reports completed by third-party consultants for properties considered for acquisition.
                      • Verify construction assumptions and appropriateness of reported items and the estimated time frames for implementing recommendations.
                      • Seek closure to any open environmental and/or engineering issues that may be addressed in reports.
                      • Coordinate Phase II investigations of subject site when necessary.
                      • Assist Dispositions Group with environmental/engineering issues and reports on properties considered for disposition.Risk Management & Environmental Compliance
                        • Work closely with the Asset Management and Risk Management team to evaluate construction and operational risks, support insurance renewals, and develop mitigation strategies.
                        • Manage environmental due diligence processes, including Phase I and Phase Il assessments, remediation efforts, and regulatory reporting.
                        • Respond to environmental incidents with coordination of consultants, contractors, and public agencies to drive resolution and limit exposure.
                        • Sustainability & Innovation
                        • Champion and implement sustainability initiatives that improve capital and operational efficiency, reduce energy, and water use, and enhance GRESB reporting outcomes.
                        • Assist in standardize sustainability strategies across assets and ensure implementation meets corporate ESG goals.
                        • Act as a resource for all ESG initiatives.Contract Property Management -
                          • Assist and contract property managers with the transition of newly acquired properties.
                          • Respond and provide solutions to contract property management regarding various architectural, engineering and/or environmental issues that arise at the managed properties through property audits, tenant improvements, capital projects, accidents/incidents or tenant misuse.
                          • Evaluate construction and/or engineering plans and specifications for various projects.
                          • Review and make recommendations regarding various selections and/or materials considered by contract property management for remedial repairs.
                          • Assist in the selection of appropriate professional and/or contractor for special projects.
                          • Support contract property managers by giving direction on operational issues.
                          • Provide guidance to contract property management regarding prospective tenants.
                          • Review lease language and MSDS sheets as they pertain to the tenant's use of the property when requested.Required Qualifications
                            • 10+ years of relevant experience in real estate development, engineering, or construction management, with exposure to institutional-level real estate.
                            • Strong command of project budgeting, scheduling, construction contracts, and value engineering.
                            • Deep understanding of environmental risk, insurance underwriting, and sustainability practices.
                            • Demonstrated leadership in managing multidisciplinary teams and external consultants.
                            • Excellent communication, negotiation, and presentation skills.
                            • Self-starter with the ability to thrive in a fast-paced, matrixed environment and exercise sound judgment under pressure.Key InterfacesInternal: Investment, Asset Management, Legal, Risk Management, ESG, Acquisitions/DispositionsExternal: Contractors, Consultants, Regulatory Agencies, Insurance Brokers, JV PartnersEstimated total compensation for this position:150,000.00 - 250,000.00 USD per yearThe total compensation range is an estimate and not guaranteed. An employment offer is based on an applicant's education, experience, skills, abilities, geographic location, internal equity and alignment with market data .Location:On-site -Boston, MA, Chicago, IL, Los Angeles, CA, New York, NYIf this job description resonates with you, we encourage you to apply, even if you don't meet all the requirements. We're interested in getting to know you and what you bring to the table!
                              Personalized benefits that support personal well-being and growth:JLL recognizes the impact that the workplace can have on your wellness, so we offer a supportive culture and comprehensive benefits package that prioritizes mental, physical and emotional health. Some of these benefits may include:
                              • 401(k) plan with matching company contributions
                              • Comprehensive Medical, Dental & Vision Care
                              • Paid parental leave at 100% of salary
                              • Paid Time Off and Company HolidaysJLL Privacy NoticeJones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously. Generally the personal information we collect from you are for the purposes of processing in connection with JLL's recruitment process. We endeavour to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely.For more information about how JLL processes your personal data, please view our Candidate Privacy Statement .For additional details please see our career site pages for each country.For candidates in the United States, please see a full copy of our Equal Employment Opportunity and Affirmative Action policy here .Jones Lang LaSalle ("JLL") is an Equal Opportunity Employer and is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process - including the online application and/or overall selection process - you may contact us at Accommodation Requests . This email is only to request an accommodation. Please direct any other general recruiting inquiries to our Contact Us page > I want to work for JLL.Pursuant to the Arizona Civil Rights Act, criminal convictions are not an absolute bar to employment.Pursuant to Illinois Law, applicants are not obligated to disclose sealed or expunged records of conviction or arrest.Pursuant to Columbia, SC ordinance, this position is subject to a background check for any convictions directly related to its duties and responsibilities. Only job-related convictions will be considered and will not automatically disqualify the candidate.California Residents onlyIf you are a California resident as defined in the California Consumer Privacy Act (CCPA) please view ourSupplemental Privacy Statement which describes your rights and disclosures about your personal information.If you are viewing this on a mobile device you may want to view the CCPA version on a larger device.Pursuant to the Los Angeles Fair Chance Initiative for Hiring Ordinance, JLL will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.Accepting applications on an ongoing basis until candidate identified.Activate your Personal Job Alerts now and receive opportunities as soon as they are advertised.At JLL, we give you the opportunity, knowledge and tools to own your success, because we value what makes each ofusunique. We help ourpeople thrive, grow meaningful careersand find a place where they belong.Together, we strive to be exceptional and shape a better world.For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500company with operations in over 80 countries around the world, our employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visitjll.com .
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Keywords: Jones Lang LaSalle Incorporated, Brookline , Capital Director, Executive , Boston, Massachusetts