Lead Estimator / Preconstruction Manager - Multifamily Construction

RISE: A Real Estate Company

$120K — $150K *
Real Estate & Construction
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years of estimative experience, with at least 5 years as Lead Estimator on multifamily or mixed-use projects
  • Proven ability to manage estimates from conceptual feasibility through GMP formation and buyout reconciliation
  • Strong knowledge of diverse construction types including wood-frame, podium, concrete, and steel systems
  • Expertise in takeoffs, quantity analysis, and advanced Excel financial modeling
  • Established relationships with subcontractors across multiple CSI divisions
  • Capable of creating estimates from incomplete or conceptual designs
  • Experience in vertically integrated owner/developer/GC environments is preferred

Responsibilities

  • Develop conceptual and underwriting-level estimates for acquisitions and development
  • Validate pro forma assumptions with development and acquisitions teams
  • Translate conceptual plans into accurate cost models reflecting current market conditions
  • Identify risks related to budget, scope, and constructability early in the project
  • Provide ongoing cost guidance during design phases
  • Collaborate with architects and engineers to align design with financial goals
  • Lead value engineering initiatives while assessing impact on cost, schedule, and quality
  • Structure and manage bid packages to maintain competition and clarity in scope
  • Conduct subcontractor outreach, bid leveling, and recommendations for awards
  • Reconcile estimate assumptions against actual outcomes post-award

Benefits

  • Health, dental, and vision coverage
  • 401(k) participation
  • Performance bonus linked to estimating accuracy and project success
Full Job Description
Lead Estimator / Preconstruction Manager - Multifamily Construction

RISE Residential | Owner / Developer / General Contractor
Jacksonville, FL | Travel up to 25%

What This Role Actually Is

This is not a bid-chasing estimator position.

The Lead Estimator serves as the central cost authority inside a vertically integrated owner/developer/GC platform - operating alongside development, acquisitions, and construction leadership to protect the financial integrity of projects before they are built and throughout execution.

You will own cost across the full project lifecycle:
  • Conceptual underwriting and feasibility
  • Design phase cost management
  • GMP / hard-bid estimating
  • Subcontractor procurement and bid leveling
  • Buyout reconciliation and cost analysis

Your decisions directly impact ROI, project viability, and long-term asset performance - not simply contract margin.

Core Responsibilities

Preconstruction & Feasibility
  • Develop conceptual and underwriting-level estimates used to evaluate acquisitions and new development opportunities
  • Validate pro forma assumptions with development and acquisitions teams
  • Translate conceptual plans into accurate unit-based and GSF cost models tied to real-time market conditions
  • Identify escalation exposure, scope gaps, constructability concerns, and budget risk early in the process

Design Phase Cost Management
  • Provide continuous cost guidance throughout schematic design, DD, and construction documents phases
  • Partner directly with architects, engineers, and internal stakeholders to maintain alignment between design intent and financial targets
  • Lead value engineering efforts with clear understanding of cost, schedule, operational, and quality impacts
  • Maintain live cost-to-complete visibility throughout design development

Procurement & Bid Strategy
  • Structure bid packages that drive competition while eliminating scope ambiguity
  • Lead subcontractor outreach, bid leveling, scope analysis, and award recommendations
  • Build and maintain subcontractor relationships capable of supporting long-term pipeline execution
  • Maintain cost databases and benchmarking systems that inform portfolio-wide decisions

Post-Award Accountability
  • Reconcile estimate assumptions against actual buyout outcomes
  • Support project management teams during buyout and early construction phases
  • Capture lessons learned and feed cost intelligence back into future developments


What We're Looking For
  • 8+ years of estimating experience with minimum 5 years operating as Lead Estimator on multifamily or mixed-use projects
  • Proven experience owning estimates from conceptual feasibility through GMP formation and buyout reconciliation
  • Strong understanding of multiple construction types including wood-frame, podium, concrete, and structural steel systems
  • Advanced takeoff, quantity analysis, and Excel-based financial modeling capability
  • Proven subcontractor relationships and bid management experience across multiple CSI divisions
  • Ability to build defensible estimates from incomplete or conceptual design information
  • Comfortable operating in environments where cost decisions directly affect ownership returns and investment strategy
  • Experience within vertically integrated owner/developer/GC organizations strongly preferred


What Separates This Role

Most estimators price someone else's project.

This role operates at the deal table - influencing design direction, procurement strategy, construction execution, and long-term asset value from the earliest stages of development.

You are not downstream from the process.

You are part of the decision-making structure that shapes the project itself.

Compensation & Benefits

We offer a compensation structure aligned with performance and accountability:
  • Base Salary: $120K - $150K DOE
  • Performance Bonus tied to estimating accuracy and project outcomes
  • Health, dental, and vision coverage
  • 401(k) participation

Details are discussed directly with qualified candidates.

Final Note

This role is not designed for estimators who simply assemble numbers from completed drawings.

It is for professionals capable of influencing financial outcomes, protecting investment strategy, and operating with ownership mentality throughout the development lifecycle.

If that describes you, we want to hear from you.

Pay Range: $120,000 - $150,000 per year

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