Salary for an aquisitions manager
I'm considering brining on an aquisitions manager for my   multifamily centered PE / asset management firm.

What's a salary range for such a position? I'm considering as a part of compensation awarding a % of thr aquisition fee as well as some of the carried interest/promote on deals they put together. 

I'm in the Midwest in a secondary market focusing on secondary and tertiary value add B class assets. 

Thanks in advance!
[{"id": "emk4qgg", "text": "About $120K to $200K depending on responsibility and incentives and workflow.", "replies": [], "depth": 1}, {"id": "emkm7fa", "text": "In my experience, $80k to $125k plus bonuses depending on experience level", "replies": [{"id": "emlj4kc", "text": "Thanks!", "replies": [], "depth": 2}, {"id": "emxuqfd", "text": "That\u2019s what I made year 1 in capital markets. An experienced acquisitions manager would likely command more than that. Geography matters though - where are you from OP?", "replies": [], "depth": 2}], "depth": 1}, {"id": "emkn9ue", "text": "Out of curiosity what kind of background experience would you be looking for? \n\nI\u2019m very interested in getting into REPE one day I currently am a broker focusing on office and some retail sales/leasing. \n\nI\u2019ve been told I should definitely get CCIM if I want to go into REPE.", "replies": [{"id": "emkwqf0", "text": "I work on REPE and have never met someone with a CCIM.", "replies": [{"id": "emlaf3c", "text": "Then what would you say would make a broker more attractive to someone hiring a new associate into a REPE.", "replies": [{"id": "emlhral", "text": "Working in investment sales brokerage. Don\u2019t think I\u2019ve ever heard of anyone going from leasing brokerage to REPE need to learn the finance underwriting and investment side.", "replies": [], "depth": 4}, {"id": "emp9enp", "text": "No offense to the other poster (and I do think they're being completely honest with you), but their world is completely different from yours (and mine). You're in a major southern metro, they're on Wall Street using an M7 MBA to transition from hedge fund to REPE.\n\n\nThey could have just as easily said \"CCIM doesn't mean shit on the Street.\" Which they're right, it doesn't. And they're right to think, when you say \"REPE,\" that you're thinking Street. In that world, you go from undergrad/MBA straight into an analyst role, and climb from there. There's no time or need to get CCIM, because by the time you reach the experience required, you have a good enough position in your firm/network to make the designation superfluous. \n\n\nOutside of Wall Street there is still plenty of value in the CCIM designation, especially from a brokerage perspective.", "replies": [{"id": "emqmpkx", "text": "No I\u2019m talking about a smaller REPE I\u2019d be interested in working for not on the Street. A mentor of mine (located in the south) actually runs an REPE that focuses on Multi-Family and has around 600-850M AUM. It\u2019s just 4 guys that run it. Two of them came from commercial brokerage backgrounds and the other two worked for developers.", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}]