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May 31, 2024
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Following - Would also be interested on how they vary based COL city. i.e NYC/SF/LA vs ATL/DAL/CHA
NY/SF 145k, 20% annual bonus, 30% project level bonuses
This seems pretty accurate for salary for post-analyst or post-MBA which Greystar targets, maybe slightly lower (~$125k) depending on your experience.
From what I have seen larger RE companies with offices in SF don't adjust for COL, but others may have more experience.
Depends on if you have legit prior development or even CRE experience (many dev associate roles require exp. or only really hire with exp... skews the "averages"). I'd guess in the "southeast"... probably min base for "big/institutional" type shop would be $100k (or close enough), bonus 20-35%. Probably need a promotion or two before you get any long-term comp items.
Will note, in "LCOL" places (and yeah... many of those in the SE)... you may find legit firms offering bases down to $80k (this was true a few years ago from what I know, not sure if true today given overall wage gains!).
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