The average pay for a Senior Project Manager, Commercial Real Estate is $36.63 per hour.
The average pay for a Senior Project Manager, Commercial Real Estate is $104,285 per year.
|Salary||$78,509 - $152,727|
|Bonus||$500 - $24,566|
|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).)
|$77,379 - $174,531|
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.Read More...
Senior project managers for commercial real estate must hold extensive knowledge on relevant laws and safety standards to help ensure projects are always safe and within legal guidelines. They must also be aware of the impacts that any commercial real estate project might have on the environment and community. These professionals generally work in an office setting, but site visits are required as well.
To become a senior project manager working in commercial real estate, formal education is not explicitly required. However, successful completion of a certificate course may provide and reinforce positive insight into whether the manager has the skills and knowledge needed to succeed in this industry. Previous experience in commercial real estate - including in a management role - is generally required for this position. Senior project managers should also have strong communication and interpersonal skills, as well as the ability to read layouts and blueprints. (Copyright 2018 PayScale.com)
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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Key Stats for Senior Project Manager, Commercial Real Estate
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