Avg. Base Salary (USD)
The average salary for a Real Estate Development Manager (Commercial) is $99,977
What is the Pay by Experience Level for Real Estate Development Manager (Commercial)s?
An entry-level Real Estate Development Manager (Commercial) with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $64,964 based on 7 salaries. An early career Real Estate Development Manager (Commercial) with 1-4 years of experience earns an average total …Read more
What Do Real Estate Development Manager (Commercial)s Do?
Commercial real estate development managers oversee large new real estate developments, as well as major renovation projects. Developers perform a large number of tasks, such as establishing project budgets, developing project specifications in collaboration with clients, contractors and vendors, and working with human resources professionals to interview and hire staff. The manager must have strong project-management skills to supervise a large number of employees performing a diverse range of …Read more
- Develop site plans, including evaluating current conditions, estimating, and projecting future value.
- Identify target markets and provide key data, estimates and pricing information.
- Complete all paperwork to submit, lease, purchase, review titles, survey, and construct site plans.
- Act as an expert in zoning, permits, property assessment, leases, contracts, and real estate finance.