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Managing construction bidding/pricing process for inclusion in the final project budget, and reviewing legal documents for structuring, risk management, and tax issues.Preparing project feasibility analysis and making recommendations to the senior leadership team for advancing projects.Managing design process to ensure compliance/waiver/approval by City, State, and Federal approval, financing sustainability, and design standards.Collaborating with partner agencies and/or independently identifying potential sites and conducting due diligence around sites.Serving as a primary point of contact with partner agencies, community organizations, political officials and funders in existing and new markets.Structuring and closing complex mixed-finance deals with multiple lenders, including managing due diligence process.Real estate project managers typically perform the responsibilities: Real Estate Project Manager Job Description Example/Sample/Template Payscale recorded $85,000 as the median annual salary of real estate project managers while Indeed reported $82,664. Glassdoor reported the average annual salary of real estate project managers to be $66,137.
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Real Estate Project Manager Salary Information To qualify for a real estate project manager position, you need at least a Bachelor’s degree in Architecture, Community Development, or Business, or in a related field. You are also required to build a strong portfolio with demonstrated skills and abilities for the real estate project manager job that you are seeking, so you can have the opportunity for an interview. You will be required to show a proof of academic qualifications if you are searching for a real estate project manager role.
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Real Estate Project Manager Educational Qualifications You may also be expected to possess ability to travel, including overnight stays proficiency level with Adobe and Microsoft Office (Word, Excel, PowerPoint) and strong interpersonal skills and an impeccable attention to detail. Others include excellent leadership and communication skills, both verbal and written organizational, planning, negotiation, and problem-solving skills. If you are seeking the real estate project manager position, some of the requirements that employers/recruiters may want you to possess include self-motivation with an ability to work independently with minimal guidance and collaboratively in a team environment to manage multiple projects and deadlines. He/she is also responsible for managing the predevelopment activities and project financing tasks of development project, including affordable housing tax credit projects and other multi-family and mixed-use development projects. They develop and foster effective relationships internally and externally, including all third parties.Ī real estate project manager is responsible for assessing financial feasibility of project development and operation, and conducting research on housing needs and market conditions for specific projects. They locate and analyze sites and obtain site control for new projects, if financially feasible and within proscribed project goals/metrics/size/location. Real estate project managers provide high quality development management managing financial objectives of the project and meeting project objectives. It also involves analyzing State and Federal Housing Programs to find markets for new development opportunities. His/her job description entails implementing and managing all aspects of the development of high quality affordable housing developments, from the earliest visioning stages through construction completion. Please, continue reading to increase your knowledge of the real estate project manager career: What Does a Real Estate Project Manager Do?Ī real estate project manager has the responsibility of financing, approving, and designing infrastructure, townhouse, condominium, and affordable housing developments and mixed-use community development projects. It also presents the major requirements you may be expected to fulfill if you are seeking the real estate project manager role. It highlights the key duties, tasks, and responsibilities commonly associated with the real estate project manager work description. This post provides exhaustive information on the job description of a real estate project manager, to help you learn the work they do. Real Estate Project Manager Job Description, Key Duties and Responsibilities In assessing financial feasibility of project Real Estate Project Managers are also involves