Project Manager, Capital Projects at AJ Capital Partners

Chicago, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

18 Jan, 26

Salary

110000.0

Posted On

20 Oct, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Project Management, Hospitality Design, Budget Management, Construction Management, Communication, Problem Solving, Time Management, Team Collaboration, Negotiation, Feasibility Studies, Cost Estimating, Design Compliance, Documentation, Site Visits, Procurement

Industry

Real Estate

Description

Description Department: Development Reports to: Director of Capital Projects Location: Chicago, IL This role will be performed onsite in the Chicago office. Adventurous Journeys Capital Partners (“AJCP”) is seeking a Project Manager to join our Capital Projects Team and support its rapid growth across various investment platforms focused on the hospitality, mixed-use, and single-family rental sectors. ABOUT AJCP Adventurous Journeys ("AJCP") Capital Partners is a vertically integrated real estate investment manager founded in 2008. The firm repositions real estate to build timeless, scalable businesses and brand platforms. We deliver returns on transformative real estate by applying placemaking, inspired design, and hospitality principles to spaces overlooked or undervalued by traditional investment firms. The firm’s current portfolio includes $5.3 billion of assets across 100+ properties and 50+ geographic markets. With a mission to humanize hospitality through handcrafted projects made by people for people, AJCP delivers spaces that evoke emotional connections and become backdrops for enriching life experiences. Our headquarters are in Nashville, with offices in Chicago, London, and Miami. For more information on AJCP, please visit www.ajcpt.com. ABOUT THE ROLE The Project Manager, Capital Projects supports the Director, Capital Projects in planning, coordinating, and executing capital improvement initiatives across a diverse portfolio of hospitality assets. This role ensures that projects are delivered on time, within budget, and in alignment with brand standards, design intent, and ownership objectives. The ideal candidate is a proactive and detail-oriented project management professional who can manage multiple projects simultaneously and collaborate effectively with internal stakeholders, brand representatives, consultants, and contractors. WHAT YOU WILL DO PROJECT PLANNING & COORDINATION Assist the Director of Capital Projects in the development and execution of annual and multi-year capital plans across a portfolio of hotels and resorts. Coordinate with property operations teams, independent consultants, and brand representatives to define project scope, objectives, and deliverables. Support feasibility studies, cost estimating, and project scheduling during the pre-construction phase. PROJECT EXECUTION & OVERSIGHT Manage assigned projects from concept through completion, including design, procurement, construction, and closeout phases. Monitor project progress, ensuring adherence to scope, budget, and schedule. Facilitate communication between contractors, designers, consultants, and internal stakeholders to resolve issues promptly. Conduct regular site visits to review work progress and quality compliance. FINANCIAL & CONTRACT MANAGEMENT Assist in developing and managing project budgets, forecasts, and cash flow. Review and process contractor pay applications, change orders, and invoices. Support procurement efforts, including bid solicitation, evaluation, and contract negotiation in collaboration with the Director. BRAND & DESIGN COMPLIANCE Ensure all projects comply with applicable brand standards, codes, and regulations. Collaborate with design and brand teams to review plans, materials, and finishes. Maintain consistency and quality across the portfolio through standardized processes and design execution. REPORTING & DOCUMENTATION Prepare project reports, schedules, and status updates for leadership review. Maintain accurate and organized project documentation and records. Support the Director in presenting capital project updates and recommendations to senior management. WHO YOU ARE AJCP is seeking a highly-motivated individual who enjoys working in a fast-paced, but disciplined, entrepreneurial environment. This role also requires the following capabilities: Strong and effective communicator and presenter internally and externally Knowledge of and experience with hospitality design and development. Sense of accountability for quality of own work and the work of the team Proactive critical thinker who takes the lead in solving problems and comfortable making informed recommendations Excellent organization and time management skills Proficient in Microsoft Office products (especially Excel and MS Project) Strong experience using construction management software programs Must be a collaborative team-oriented individual but also an independent worker who can prioritize and coordinate multiple competing tasks in a timely fashion. Demonstrated management and supervisory skills sufficient to lead, direct, evaluate, and mentor, subordinate and peer employee staff, as well as consultant teams Ability and preference for working in a team-oriented setting, and interacting with several departments (Development, Interior Design, Procurement, Asset Management, Operations, and Finance). Extensive experience in negotiating Architectural, Consulting and Construction Agreements. Requirements YOUR QUALIFICATIONS Required 5+ years of project management and/or development experience Bachelor’s degree in Construction Management, Real Estate, Architecture, or related education Experience working across a portfolio of properties Ability to read and relay information from design documents including: Construction drawings, FFE specifications, and Material Schedules Proficient level of experience with Microsoft Office Suite Ability to travel up to 50% Preferred General contractor pre-construction estimating experience Hospitality specific development experience Familiarity working towards brand standards Experience with design or construction based softwares. Such as: AutoCAD, Photoshop (Adobe Creative Suite), or Bluebeam Equal Employment Opportunity: AJCP is an equal employment opportunity employer and complies with all applicable laws prohibiting discrimination based on an individual’s race, color, religion, religious creed, national origin, ancestry, citizenship, physical or mental disability, medical condition, genetic information, marital status, reproductive health decision-making, sex, gender, age, sexual orientation, veteran and/or military status, protected medical leaves, domestic violence victim status, political affiliation, or any other status protected by federal, state, or local laws. AJCP is dedicated to the fulfillment of this policy in regard to all aspects of employment, including, but not limited to, recruiting, hiring, placement, transfer, training, promotion, rates of pay, other compensation, termination, and all other terms, conditions, and privileges of employment. In compliance with local law, we are disclosing the compensations, or range thereof, for roles that will be performed in Illinois. Actual salaries may vary based on various factors including but not limited to location, experience, role and performance. The range listed is just one component of AJCP’s total compensation package for employees. Pay Range: $90,000-$110,000. Other rewards may include annual bonuses. In addition, we provide a variety of benefits to employees, including health insurance coverage, life and disability insurance, a retirement savings plan, paid holidays and paid time off.

Responsibilities

The Project Manager will support the Director of Capital Projects in planning, coordinating, and executing capital improvement initiatives across a diverse portfolio of hospitality assets. This includes managing projects from concept through completion, ensuring adherence to scope, budget, and schedule.