Construction APM?
Hi all I wanted your thoughts on what you think of being an APM in construction management for a GC or construction department of a real estate owner? I currently may have an opportunity to be an APM, however it is for tenant fit out and capital jobs not ground up projects. My main interest is development. Does this experience help at all?
Following. I've read that construction management is very useful, but normally ground up construction. Interested to see if doing TI construction management is useful as well.
I would hold out for a development CM/PM job if you can. So much more complexity in terms of schedule, subcontractor/trades management, means and methods problem solving (site access, traffic management, work hours, etc.), phasing (sheeting & shoring systems, BG concrete, podium decks, etc.). A lot of TI PM jobs you end up playing babysitter to the tenant's design team, and just not as exciting managing submittals for carpet tile and LED fixtures instead of cool stuff like curtainwall units, lobby stone, and that kind of stuff.
Good points. I think I may just stick it out for a ground up position..
IMO, these type of roles are really only good if you have an interest purely in construction and not as well as real estate.
I work on the same floor as our in house construction team and it sounds awful. I hear APMs/PMs fighting with subs on the phone over a toilet roll dispenser not being installed properly in a bathroom reno job.
No you will get pigeonholed doing TI work and not ground up development. If you want to do construction management, work for a design build developer in their construction management division or for a ENR200 GC as a construction manager. If you can get on with a developer on their CM team that would be best but they typically poach the best guys from top GCs to serve as owners reps.
What would be your opinion working for a third party construction management company that focuses on ground up development? They’re not exactly a GC, but it seems like they work directly with the GC and Developer. Thanks in advance.
Are they a 3rd party owner rep, that manages the GC and buyout process? If so, this would be a good angle into development if that’s your end game. Need to understand more about what this company does to give you a better answer.
You are exactly right. Third party owner rep and their services are project management, cost consulting, and a few other related services (dispute resolution, project controlling, list goes on). Development is my end goal. Trying to weigh out this opportunity vs financial analyst route at a large CRE brokerage (CBRE/JLL/C&W). Appreciate your input!
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