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Real Estate Development Manager Jobs in Arizona (NOW HIRING)

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Real Estate Development Manager information

See Arizona salary details

$50.8K

$95.3K

$151K

How much do real estate development manager jobs pay per year?

As of Jul 6, 2026, the average yearly pay for real estate development manager in Arizona is $95,305.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,900.00 and $119,300.00 per year, depending on experience, location, and employer.

What does a development manager do in real estate?

A real estate development manager oversees the planning, coordination, and execution of real estate projects from conception to completion. They manage budgets, schedules, and teams, coordinate with architects, contractors, and government agencies, and ensure projects meet legal, safety, and quality standards. Strong project management skills and knowledge of zoning, permits, and market analysis are essential in this role.

Is being a BDM a stressful job?

A Business Development Manager (BDM) role can be stressful due to targets, client negotiations, and project deadlines. In real estate development management, stress may also stem from managing multiple stakeholders, tight schedules, and regulatory compliance. Strong organizational and communication skills help manage workload and reduce stress levels.

What is the difference between Real Estate Development Manager vs Real Estate Project Coordinator?

AspectReal Estate Development ManagerReal Estate Project Coordinator
CredentialsBachelor's degree in real estate, urban planning, or related field; often with experience in developmentBachelor's degree; entry-level or supporting role, often with some industry certifications
Work EnvironmentLeads development projects, interacts with stakeholders, oversees planning and executionSupports project teams, manages schedules, assists with documentation and communication
Employer & Industry UsageReal estate development firms, construction companies, property developersReal estate firms, construction companies, project management teams

The main difference is that the Real Estate Development Manager oversees entire development projects, making strategic decisions, while the Real Estate Project Coordinator supports project execution through administrative and coordination tasks. The manager has more responsibility for project success, whereas the coordinator focuses on supporting roles within the project team.

Do real estate developers make money?

Real estate development managers can earn significant income, often through salaries, bonuses, and profit sharing from successful projects. Their earnings depend on project size, experience, and the company's profitability, with some developers making substantial profits from property sales or leasing. Success in this role requires strong financial analysis, negotiation skills, and industry knowledge.

What are some common challenges faced by Real Estate Development Managers during the project lifecycle?

Real Estate Development Managers often encounter challenges such as navigating complex zoning and permitting processes, coordinating with multiple stakeholders (including investors, contractors, and local authorities), and managing project timelines and budgets. Unforeseen issues like market fluctuations, community concerns, or construction delays can also arise, requiring strong problem-solving and negotiation skills. Staying proactive and adaptable is essential for successfully bringing development projects from concept to completion.

What Does a Real Estate Development Manager Do?

A real estate development manager locates undeveloped land and oversees the work to prepare it for commercial or residential real estate construction. They may work on one or more development projects at a time and are knowledgeable of local real estate markets, growth trends, and occupancy rates in cities and counties. A good real estate development manager should be a strong negotiator.

What is the highest paid position in real estate?

In real estate, the highest paid positions are often executive roles such as Chief Executive Officer (CEO) or Chief Investment Officer (CIO) within large development firms or real estate investment trusts (REITs). These roles typically require extensive experience, strategic leadership skills, and often involve overseeing large portfolios or development projects, resulting in high compensation packages including salary, bonuses, and equity. Compensation varies based on company size, location, and individual expertise.

What are the key skills and qualifications needed to thrive as a Real Estate Development Manager, and why are they important?

To thrive as a Real Estate Development Manager, you need expertise in project management, real estate finance, market analysis, and a relevant degree such as in business, finance, or urban planning. Familiarity with property management software, financial modeling tools, and an understanding of zoning and permitting processes are typically required. Strong negotiation, leadership, and communication skills help drive projects forward and foster productive relationships with stakeholders. These competencies are vital for successfully managing complex development projects from concept to completion while maximizing profitability and minimizing risks.

What does a Real Estate Development Manager do?

A Real Estate Development Manager oversees the planning, coordination, and execution of property development projects from inception to completion. Their responsibilities include identifying potential development opportunities, conducting feasibility studies, securing financing, managing budgets, obtaining necessary permits, and coordinating with architects, contractors, and other stakeholders. Their goal is to ensure projects are completed on time, within budget, and in compliance with regulations, while also meeting the financial and strategic objectives of investors or property owners.
More about Real Estate Development Manager jobs
What are the most commonly searched types of Real Estate Development jobs in Arizona? The most popular types of Real Estate Development jobs in Arizona are:
What are popular job titles related to Real Estate Development Manager jobs in Arizona? For Real Estate Development Manager jobs in Arizona, the most frequently searched job titles are:
What job categories do people searching Real Estate Development Manager jobs in Arizona look for? The top searched job categories for Real Estate Development Manager jobs in Arizona are:
What cities in Arizona are hiring for Real Estate Development Manager jobs? Cities in Arizona with the most Real Estate Development Manager job openings:
Real Estate Development Manager jobs near you
Infographic showing various Real Estate Development Manager job openings in Arizona as of June 2026, with employment types broken down into 1% As Needed, 90% Full Time, and 9% Part Time. Highlights an 77% Physical, 2% Hybrid, and 21% Remote job distribution, with an average salary of $95,305 per year, or $45.8 per hour.
Manager, Real Estate

Manager, Real Estate

Thrive Services Group Inc.

Phoenix, AZ

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 18 days ago

Job description

2626 W Beryl Ave Phoenix Arizona, 85021
Position Description:
Responsible for leading efforts to identify new locations through site selection, lease negotiation, market analysis and effective management of internal and external relationships and teams for Thrive Real Estate Group.
Essential Duties and Responsibilities :
  • Meets or exceeds the client's goals for new location expansion in targeted territories.
  • Reviews and approves all LOI's drafted by Real Estate Reps for all clients and ensure they are within the client thresholds and protects their interests.
  • Negotiates new leases in conjunction with SVP Real Estate for expansions of existing stores and lease renewals with landlords, including updates for regular reports to the client(s) and senior mgmt.
  • Responsible for appropriate management of assigned budget.
  • Effectively builds relationships with key operations executives in order to analyze targeted trade areas and evaluate solid real estate opportunities.
  • Works directly with property owners, sellers, landlords, municipal representatives and other real estate professionals involved with the development of new and existing locations.
  • Works with company's legal representatives and in partnership with SVP Real Estate to successfully negotiate leases and contracts in the company's favor. Successful outcomes may include negotiating with property owners, landlords, brokers, and other involved parties to secure the best terms for company acquisitions.
  • Conducts quarterly review of market conditions to understand market rates, cap rates and target markets for client needs.
  • Coordinates and attends all municipal hearings as it relates to land use and permitted uses in conjunction with land use attorney, public affairs groups and Government Relations department. Acts as the Thrive representative and spokesperson when necessary at hearings.
  • Works in conjunction with Real Estate Reps and SVP Real Estate to identify successful locations and analysis of key indicators.
  • Conducts physical inspection of potential locations, including the investigation of all key risk factors (i.e., population, income, access, visibility, competition, co-tenancy, etc.). Attends all client site visits.
  • Continually participates in preparation of long-term growth planning.
  • Applies creative thinking and strategy as it relates to adaptive re-use opportunities.
  • Plays critical role in driving company culture change efforts and change management processes.
  • Maintains regular and consistent in-person attendance.
  • Performs other related duties, as assigned.

Minimum Qualifications (Education, Experience, Skills) :

  • Minimum of 10 years' experience in commercial real estate.

  • Big box retail real estate experience is required.

  • Minimum of 5 years' experience with lease and contract negotiation.

  • Active/Current AZ Real Estate License

  • Excellent organizational, analytical, and communication skills.

  • Valid driver's license and clean MVR.

  • 25% Travel

  • Ability to pass a background check and drug screen, where applicable for position.

  • Ability to speak and read English proficiently.

Reasonable Accommodation Statement:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
It's important to us that all employees thrive personally and professionally. That's why we offer a range of benefits to support your overall health and well-being, including:
  • 5 Medical Plans
  • Employer Funded Health Reimbursement Account (HRA)
  • 3 Dental Plans
  • Vision Plan
  • 401K
  • Employer Paid Life Insurance
  • Employee Assistance Program (EAP)
  • Paid Time Off; Sick and Vacation
  • Paid Holidays
  • These are just a few highlights of our key benefit offerings!

*Some benefits may require a waiting period prior to eligibility.
At Thrive, we want all employees to bring their "full self" to work. People are different, and so are we. We celebrate creative, diverse thoughts and minds, backgrounds and experiences, and we are building an environment where our employees can not only grow, but thrive.
Thrive Services Group is an equal opportunity employer. Individuals seeking employment are considered without regard to race (including traits associated with race, e.g., hairstyles), color, religion, sex (including pregnancy and related conditions, sexual orientation, or gender identity), national origin, disability, military status, age, genetic information, or any other category protected by applicable federal, state and local fair employment practice laws.
Individuals with a disability may be entitled to a reasonable accommodation under the Americans with Disabilities Act and/or state or local laws. Please contact Thrive Services Group at Recruiting@tsginc.com , if you need assistance or an accommodation due to a disability.
PHISHING SCAM WARNING: Thrive Services Group Inc. is among several companies recently made aware of a phishing scam involving con artists posing as hiring managers recruiting via email, text and social media. The imposters are creating misleading email accounts, conducting remote "interviews," and making artificial job offers in order to collect personal and financial information from unsuspecting individuals. Please note that Thrive Services Group Inc. only uses company email addresses, to communicate with candidates via email. The company also uses secure tools on our website to receive data from applicants and would never ask them to submit their personal banking information to apply for an open job. If you are contacted by someone about an open job at Thrive Services Group Inc., please verify the domain of the sender's email address and that they are asking you to apply on this website. If you believe you have been a victim of a phishing scam, please visit the Department of Homeland Security's Cyber Smart website ( https://www.cisa.gov/be-cyber-smart/campaign ) to learn how to report it.

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