Senior Project Manager – Design & Construction (Airport Infrastructure)

Realterm is a real estate operator whose employees have a track record of capitalizing on durable insights into the supply and demand of real assets through the global supply chain. Realterm seeks to build and invest in value-added business platforms that have a proprietary position in their markets, source investments with favourable supply/demand dynamics and bring intense focus to operating results.

Realterm offers several career fields such as Accounting, Asset Management, Capital Markets and Investor Relations, Construction, Finance, Investments, Leasing, and Property Management that make working here unique, challenging, stimulating, and rewarding. With offices in Amsterdam, Annapolis, Baltimore, Chicago, Frankfurt, Houston, Los Angeles, Montréal, New York, Singapore and Sydney, you are empowered to take your career where you want it to go.

A career at Realterm allows you to thrive in a fast‑paced workplace environment with tremendous scale. Enjoy working in a collaborative environment with supportive teammates where you will be challenged to grow and be at your best every day. We offer our employees a robust and competitive benefits package.

If you are looking for a rewarding career in private equity commercial real estate, apply today.

Summary

The Senior Project Manager, Design & Construction (Airport Infrastructure) is responsible for leadership of, and representation on, all new developments, redevelopments, renovation projects, tenant improvement and capEx projects for Realterm’s Airport Infrastructure Fund. This position is responsible for oversight of planning, approval, and execution of construction. Collaborates with Development and Investment teams, Development Partners, Fund Managers, Asset Managers, Operations team, Property Management team, Design Team and General Contractors to advance Realterm’s mission to build and manage best in class Airport Infrastructure assets. Responsible for all design and construction operations including overall planning, budgeting, cost control, schedules, construction techniques, value engineering, product quality, risk management, contract negotiation, design management, conflict resolution, and management of third parties for the assigned projects. Projects can range from $1 mm to $250 mm per project. The successful individual in this role will be a process‑driven team player who is highly organised, self‑motivated, thrives in a fast‑paced environment, demonstrates strong creativity and problem‑solving skills and people‑management capabilities. The successful candidate will have a proven ability to prioritise, meet deadlines, maintain highly detailed budgets, and optimise the use of third‑party resources within a multi‑tasking environment.

Essential Duties And Responsibilities

Project Leadership & Execution

• Support internal clients/fund teams from acquisition/ground lease execution and due diligence through project completion.
• Plan, budget, and schedule projects, including ground‑up developments, redevelopments, renovations, tenant improvements, and capital expenditure programmes.
• Lead design and construction processes, including value engineering, cost control, quality assurance, risk management, and schedule adherence.
• Oversee vendor selection, negotiate contracts, and manage third‑party performance.
• Ensure compliance with contractual, permitting, and municipal requirements.
• Coordinate with development, leasing, property management, and acquisitions teams to align designs with tenant, airport, and portfolio goals.
• Monitor construction progress through site inspections and ensure timely turnover and closeout.

Financial & Risk Management

• Develop accurate project budgets using historical and market data.
• Implement project controls to identify and resolve issues quickly.
• Maintain and report on project financials, including forecasts, cost tracking, and variance analysis.
• Oversee risk management practices, including due diligence reviews and pre‑construction assessments.
• Maintain historical cost databases for continuous improvement and future planning.

Communication, Collaboration & Continuous Improvement

• Lead cross‑functional collaboration among design, construction, acquisitions and operations teams.
• Facilitate project meetings, prepare RFPs, and coordinate all project documentation.
• Provide clear, timely status reports to stakeholders, including executives and fund teams.
• Uphold brand standards and integrate continuous improvement initiatives into project delivery.
• Represent Realterm professionally in all interactions with clients, partners and municipal entities.

Qualifications

• Bachelor’s degree in civil engineering, architecture, construction management, engineering, rea