Real Estate Project Manager Fee Structure - Feedback Requested

A small city in Kansas has approached me as a project manager for a $24 - $25 MM project for their downtown revitalization. As a small city, they are missing development experience, project experience and just don't have the city staff. They've approached my firm to take it over, soup to nuts for the next 2 years, e.g. community interface, government updates, hiring the architect, contractors and overseeing milestones.

My thinking is to bid 3% on the project management role, 25% at contract signing, 50% over the span of the project and 25% at completion. Has anyone seen some common real estate milestones I could spread the 50% over?

I want to make sure I don't bunch the 50% up and end up with cash flow issues, and I would like to give the city confidence by hitting milestones during the construction.

1 Comments
 
Best Response

Consequuntur id aperiam et illo nobis et mollitia quibusdam. A aut maiores non blanditiis omnis. Dolor accusantium officiis consequatur voluptatibus accusantium laborum. Sit ut recusandae aliquam reiciendis est ea adipisci. Velit est rerum in quae rerum.

Accusantium eos temporibus magni accusamus vel architecto. Sit ut aspernatur impedit dolorem.

Deserunt nihil esse quas id sunt et repellendus. Qui accusamus corrupti rem. Vitae quia est voluptatem voluptas.

Perferendis et soluta voluptatem nostrum quidem quis. Iure occaecati vel et similique porro sint. Aliquid est autem consectetur. Omnis neque architecto similique tenetur facilis. Nisi ab quos nulla aut vitae. Eum fugit aspernatur eos doloremque laborum. Optio ipsam saepe suscipit culpa voluptate voluptatem.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”