Construction Project Manager
About the job
- A bachelor's degree or equivalent work experience in a field related to commercial construction, real estate development, or construction management.
- At least 3 years of experience in real estate development and/or construction for self-storage or a similar commercial product type, such as industrial, flex, or multifamily.
- Proficiency with Microsoft Office, including Word, Excel, Outlook, Access, and PowerPoint.
- Review projects in depth to schedule deliverables and assist with scoping, planning, and budgeting.
- Maintain a regular on-site presence at existing and proposed building sites, requiring frequent local travel within Southern California.
- Evaluate specifications for plan procedures, start and completion dates, and staffing requirements for each phase of the construction project.
- Estimate the scope of work and obtain a variety of bids for comparison and completion of each job.
- Examine contract drawings, specifications, and other relevant documents for design or build issues, details, and possible code violations, and bring these to the attention of the Development Manager.
- Assist the Development Manager in developing and refining the Project Schedule, work with the Development Manager to keep schedules properly updated, and ensure the job meets required dates.
- Plan and review the Construction Program with the Development Manager, including quality control procedures, safety and security practices, field office location and layout, temporary utilities, staging areas, equipment, and manpower.
- Coordinate, direct, monitor, and inspect the activities of the General Contractor, Subcontractors, and Suppliers.
- Verify that the General Contractor and each Subcontractor has completed contractual requirements before beginning work at the jobsite, including a Certificate of Insurance, a fully executed Subcontract, a Schedule of Values, and a Safety Program.
- Ensure all required permits or licenses have been obtained and all required safety notices are posted.
- Cooperate with and direct, when necessary, the activities of inspection agencies, and effect remedial actions indicated by their reports.
- Receive and review Subcontractors' Daily Reports of work done and labor and materials employed.
- Participate, as required, in the timely preparation of monthly requisitions.
- Participate in value engineering and constructability reviews with Contractors and provide guidance to development staff.
- Assist in developing and maintaining project timelines, ensuring milestones are met on time and within budget.
- Provide project status reports to senior development staff and other stakeholders.
- Assist Development Staff in securing appropriate approvals, certifications, and permits from city and other government agencies as required.
- Assist with the entitlement process of a project lifecycle.
- Assist with design and construction management of projects to limit and negotiate change orders.
- Assist with managing the commissioning and acceptance procedure and ensure adherence to all guidelines.
- Assist with project closeout documentation, including as-builts, warranties, operation manuals, third-party engineer approvals, completion of punchlists, and commissioning.
- Supervise vendors, independent contractors, and subcontractors in compliance with government laws and Terrace Group policies.
- Experience working for a General Contractor in self-storage or adjacent commercial asset classes.
About the company
CIM Group is a real estate and infrastructure owner, operator, lender, and developer that focuses on urban areas with high growth potential. It acquires, develops, and manages properties and provides loans for real estate projects, earning revenue from rentals, sales, and lending activities. Its portfolio includes notable properties such as the Dolby Theatre in Hollywood, Tribune Tower in Chicago, and the Downtown Grand Hotel Casino in Las Vegas. The company also engages in community outreach, like meals programs for people with chronic illnesses and building community gardens. CIM differentiates itself by combining ownership, development, and lending under one group, plus a strong emphasis on community impact and urban development. Its goal is to be the premier partner for investors in real assets that serve communities and to create value for both investors and local communities through responsible, growth-focused real estate and infrastructure projects.
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$607M
Headquarters
Los Angeles, California
Founded
1994
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Simplify's Take
What believers are saying
- September 22, 2026 2535 Alsace opened, showing CIM still delivers infill housing.
- June 18, 2026 Permanent Power closed a roughly $600 million Grape financing.
- July 27, 2026 AHIF passed $315 million, and Fifth Third joined CIM's housing push.
What critics are saying
- Goodtime Hotel foreclosure litigation on March 25, 2026 exposed CIM's hospitality-credit losses.
- Central Tower and 1 Kaiser Plaza defaults signal office distress across CIM's Bay Area portfolio.
- June 2026 reverse acquisition added $2.99 billion debt; integration failure risks capital strain.
What makes CIM Group unique
- CIM combines ownership, development, lending, and operations across real estate and infrastructure.
- Centennial Yards and Miami Worldcenter prove CIM can execute massive urban placemaking.
- Permanent Power adds utility-scale solar, storage, and transmission to CIM's real-assets platform.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Paid Vacation
Paid Sick Leave
Paid Holidays
Bereavement Leave
Hybrid Work Options
401(k) Retirement Plan
401(k) Company Match
Paid Parental Leave
Professional Development Budget
Wellness Program
Volunteer Time Off
Company News
47 apartments completed at 2535 Alsace ave. in west Adams. The six-story building was developed by CIM Group. September 25, 2026, 6:05AM Steven Sharp The Mid-Wilshire-based firm recently announced the completion of 2535 Alsace, a six-story, 47-unit apartment complex located just north of Adams Boulevard. CIM Group utilized development incentives to permit a larger structure than otherwise allowed by zoning rules. In exchange, four of the new apartments are to be set aside for rent by very low-income households. The property includes a blend of studio and one-bedroom apartments, as well as amenities such as a rooftop deck. Roughly 400 square feet of office space is located on the building's ground floor. CIM also built an adjacent mixed-use building at 2599 Alsace, as well as similar structures at 5109 Adams and 5217 Adams.
CIM Group completes and opens 2535 Alsace, 47-unit apartment community in West Adams neighborhood of Los Angeles. Published on 09/22/2026 at 02:37 pm EDT S&P Capital IQ CIM Group announced the completion and opening of 2535 Alsace, a six-story, 47-unit apartment community in the West Adams neighborhood of Los Angeles. 2535 Alsace features a mix of pet-friendly studio and one-bedroom apartment residences designed for contemporary urban living. Community amenities include a rooftop deck, BBQ and lounge area, and on-site bicycle storage. Select residences offer private balconies, and the property also includes approximately 400 square feet of ground-floor commercial office space. Located just off West Adams Boulevard on Alsace Avenue, 2535 Alsace is situated in one of Los Angeles' most dynamic neighborhoods. The community provides residents with convenient access to local restaurants, retail destinations, employment centers and transportation options, with connectivity to neighborhoods throughout the city. 2535 Alsace includes four affordable units reserved for households earning no more than 50% of the Area Median Income, as defined by the U.S. Department of Housing and Urban Development, and is located within a Qualified Opportunity Zone. (C) S&P Capital IQ - 2026
CIM Group has appointed Adam Lerer as Managing Director, Investments, expanding its Real Estate Equity team. Lerer will focus on sourcing, structuring, and executing opportunities across CIM's real estate strategies, including core, value-add, net lease, impact, and Opportunity Zone investments. Lerer brings nearly 20 years of commercial real estate experience. He previously served as Head of Special Situations Group, America at PIMCO Prime Real Estate, overseeing debt restructuring for a $14 billion loan portfolio. He also led PIMCO's US real estate acquisitions across multiple sectors. His earlier career included roles at Decron Properties, Norges Bank Investment Management, and Goldman Sachs. Lerer holds a BA in Economics from New York University and will be based in Los Angeles. Since 1994, CIM has delivered over $60 billion in real estate and infrastructure projects across the Americas.
Permanent Power Company, a CIM Group portfolio company focused on US power assets, has appointed Steve Vavrik as chief executive officer. Vavrik brings over 25 years of experience in power plant development, operations, finance and trading across multiple energy sectors. He previously founded and led Broad Reach Power and served as chief executive of Earthrise Energy, developing more than $8 billion in solar, wind and battery projects. The company's initial portfolio includes approximately 1,200 MW of solar photovoltaic capacity, 690 MW of battery storage capacity and 15 miles of transmission infrastructure in California. Permanent Power Company aims to address growing energy demands through long-term ownership and operation of power assets, with particular focus on projects in qualified rural Opportunity Zones across the United States.
CIM Group and Bryant Group Ventures Affordable Housing Impact Fund secures commitment from KeyBank. Business Wire Additional Closing Upsizes Commitments from Truist Bank and Flagstar Bank, Increasing Fund's Total Investment Capacity to Over $315 Million LOS ANGELES, July 27, 2026-(BUSINESS WIRE)-CIM Group, a leading real estate and infrastructure owner, operator, lender and developer, and Bryant Group Ventures, founded by influential leader and entrepreneur John Hope Bryant, announced today that its Affordable Housing Impact Fund (AHIF, the Fund) completed its latest closing with a capital commitment from KeyBank. This commitment has triggered upsizes from Truist Bank and Flagstar Bank, bringing the Fund's total investment capacity to over $315 million through fund equity and access to loan capacity. "KeyBank is pleased to support the CIM-BGV Affordable Housing Impact Fund and its efforts to expand access to affordable and attainable housing. This commitment reflects our longstanding focus on putting capital to work with partners who help serve and strengthen our communities," said Celia Smoot, Senior Vice President - Head of Equity Originations, KeyBank. CIM-BGV Impact Ventures, an impact-driven partnership between CIM and Bryant Group Ventures, seeks to invest in opportunities that create and preserve affordable housing across the U.S. through the acquisition of existing properties and ground-up development. The AHIF continues to advance a strong pipeline of activity in markets including Southern California, Georgia, Washington D.C. Metro, New York Metro and Florida. About CIM Group CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. Since 1994, CIM has sought to create value in projects and positively impact the lives of people in communities across the Americas by delivering more than $60 billion of essential real estate and infrastructure projects. CIM's diverse team of experts applies its broad knowledge and disciplined approach through hands-on management of real assets from due diligence to operations through disposition. CIM strives to make a meaningful difference in the world by executing key environmental, social and governance (ESG) initiatives and enhancing each community in which it invests. For more information, visit www.cimgroup.com. About Bryant Group Ventures Bryant Group Ventures (BGV) is the primary business leadership and engagement platform tied to John Hope Bryant Enterprises (JHBE), which is a family of companies, organizations, and associated enterprises founded by entrepreneur and philanthropist John Hope Bryant. As the strategic umbrella for several mission-driven organizations - including Operation HOPE, Bryant Group Advisors, and BG Digital Media, which platforms his highly successful podcast with iHeart Media, his best-selling book series, and Straight Talk Live Video Series with more than 900 million views since 2023, BGV blends purpose with performance to create lasting social and economic change. Through public-private partnerships, thought leadership, and scalable ventures, JHBE and Bryant Group Ventures champion what Bryant calls the "silver rights movement" - the next chapter in the fight for opportunity, ownership, and dignity. Bryant's associated ventures are responsible for more than $4B in deployed capital in underserved communities nationwide.