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Real Estate Development Manager Jobs in Minnesota

Bridgestone

Real Estate Manager

Tower, MN · Hybrid

The Real Estate Manager supports the execution of the Company's new store growth strategy and ... This role assists with site selection, contract negotiations, development activities, financial ...

New

3M

Real Estate Manager

Maplewood, MN · On-site

Experience with Real Estate database management * Experience at large, matrixed company * Experience in AI application within Real Estate space * Able to independently manage a large volume of varied ...

New

3M

Real Estate Manager

Maplewood, MN · Hybrid

Experience with Real Estate database management * Experience at large, matrixed company * Experience in AI application within Real Estate space * Able to independently manage a large volume of varied ...

New

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All JobsReal Estate Development JobsReal Estate Development Manager JobsReal Estate Development Manager Jobs in Minnesota

Real Estate Development Manager information

See Minnesota salary details

$53.4K

$100.2K

$158.7K

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

As of Jul 15, 2026, the average yearly pay for real estate development manager in Minnesota is $100,165.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,500.00 and $125,400.00 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.
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