Senior Project Manager, Commercial Real Estate Salary

The average salary for a Senior Project Manager, Commercial Real Estate is $94,770 per year. Pay for this job rises steadily for more experienced workers, but goes down noticeably for employees with more than 20 years' experience. Skills that are associated with high pay for this job are Scheduling and Budget Management.

$61,052 - $144,113
$61K
$95K
$140K
MEDIAN: $95,216
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$60K$120K$180K
Salary
$61,052 - $144,113  
   
Bonus
$2,543 - $18,000  
Profit Sharing
$15,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$64,860 - $150,071  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 80

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Job Description for Senior Project Manager, Commercial Real Estate

Senior project managers in commercial real estate are responsible for managing commercial real estate projects from development to implementation to completion. They are in charge of preparing budgets, organizing schedules, designing layouts, managing teams and employees, and working with clients. Other tasks performed by these managers include selecting construction sites, delegating project tasks, and conducting any additional managerial tasks required. Senior project managers complete paperwork, draft reviews, perform interviews, and conduct Internet-based research as well.

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Senior Project Manager, Commercial Real Estate Tasks

  • Oversee project activities and adjustments to ensure timely delivery.
  • Coordinate renovations and oversee work performance of general contractors.
  • Manage project risks including mitigation and contingency plans.
  • Direct move management, space planning and mobilization of new contracts.
  • Maintain property data and create detailed work plans, schedules, tracking, project estimates, resources, and status reports.

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Pay by Experience Level for Senior Project Manager, Commercial Real Estate

Pay by Experience for a Senior Project Manager, Commercial Real Estate has a positive trend. An entry-level Senior Project Manager, Commercial Real Estate with less than 5 years of experience can expect to earn an average total compensation of $74,000 based on 13 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Senior Project Manager, Commercial Real Estate with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $99,000 based on 20 salaries. An experienced Senior Project Manager, Commercial Real Estate which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $117,000 based on 40 salaries. A Senior Project Manager, Commercial Real Estate with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $108,000 based on 30 salaries.

Pay Difference by Location

National Average: $105,357

Larger city markers indicate a job is popular in that location.

Senior Project Manager, Commercial Real Estate Reviews

Q: What is it like working as a Senior Project Manager, Commercial Real Estate?

Senior Project Manager, Commercial Real Estate in Cleveland:
"Real Estate Development Professional."
Pros: Working in real estate development that produces housing for low income residents, while utilizing historic buildings, and making urban neighborhoods complete.
Cons: Our President tends to jump from one thing to the next.

Related Job Salaries

Key Stats for Senior Project Manager, Commercial Real Estate

Gender

Female
56 %
Male
44 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 9 votes.
Less than 1 year
1%
1-4 years
10%
5-9 years
13%
10-19 years
39%
20 years or more
37%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Senior Project Manager, Commercial Real Estate Salaries

▲11%

▲2%

National Average
$105,000

Mid-Career
▼6%

Entry-Level
▼30%

Skills That Affect Senior Project Manager, Commercial Real Estate Salaries

Scheduling
▲27%

Budget Management
▲14%


National Average
$105,000


Financial Analysis
▼25%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 9 votes.

Gender

Female
56 %
Male
44 %

Years of Experience

Less than 1 year
1%
1-4 years
10%
5-9 years
13%
10-19 years
39%
20 years or more
37%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 77%
vision benefits
Vision: 64%
no benefits
None: 14%
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