REPE Development Manager Compensation - HCOL Area / Urban Mixed Use
I’m currently a development manager in a major US east coast city. In general I pull about 130k base + 20% + solid perks at a family office. Interested in hearing what folks in similar or adjacent  positions are bringing in!
[{"id": "ie9ykb4", "text": "Following. I'd like to know too!", "replies": [], "depth": 1}, {"id": "iean8v0", "text": "Do you guys only fund development projects?", "replies": [{"id": "ieb6c1z", "text": "Nope we\u2019re typically a GP but we evaluate LP deals too. Highly opportunistic.", "replies": [{"id": "iebqtdu", "text": "Nice if open to chatting more dm me. Im a syndicator with equity groups and finance people looking to network mainly. My markets are GA,OK,KY and FL", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "iebba8w", "text": "Dev associate fresh MBA grad 135k+35%, non sf/NYC major HCOL city.", "replies": [], "depth": 1}, {"id": "iebfb7q", "text": "Damn hearing compensation on the development side kind of ruins my aspirations to ever make the move to equity. Outside of learning development and opening my own shop, it\u2019s seems so tough to make solid comp.\n\n\nNote on note financing as an associate at IB\n\nCurrently at 125k base; no formal guidance on bonus but anything less than 75% will be an insult.", "replies": [{"id": "iebhipn", "text": "I hear ya. To be clear I\u2019m pretty new to this - In my 20s. And most folks cut their teeth at a shop making what I am in order to make connections / learn so that they can do their own thing or to ride out the upcoming recession.", "replies": [], "depth": 2}], "depth": 1}]