Property Operations · Manager

Capital Projects Manager (Luxury) Salary

Compensation benchmarks from 255 verified sources including industry surveys, published reports, and market intelligence.

National Compensation Range

P25

$90,000

25th percentile

P50

$115,000

Median

P75

$145,000

75th percentile

CANDIDATE MARKET

Tight

Scarcity: 5.5/10

EST. CANDIDATE POOL

40-100

Active candidates nationally

DEMAND TREND

Stable

8% year-over-year

RETENTION

3.5 yr avg tenure

15% annual turnover

Capital Projects Manager (Luxury) Salary by City

New York City, NY$160,000
San Francisco, CA$150,000
Palm Beach, FL$150,000
Boston, MA$145,000
Los Angeles, CA$140,000

Median (P50) adjusted for metro cost of labor.

Market Trends

Growing as aging luxury buildings require major capital improvement programs.

Also Known As

Capital Improvements Manager, Project Manager — Luxury Residential, Building Capital Projects Director, Construction Manager (Luxury Residential)

What Does a Capital Projects Manager (Luxury) Do?

The Capital Projects Manager (Luxury) operates managing luxury residential properties, branded residences, and high-end real estate assets for developers, family offices, or property management firms. Professionals in this role typically bring 6 to 11 years of relevant experience. Classified at the Manager level, this position draws from a tight candidate market with an estimated pool of 40-100 qualified professionals, making targeted sourcing and competitive compensation critical for successful placements.

What Drives Capital Projects Manager (Luxury) Compensation?

The median (P50) compensation for a Capital Projects Manager (Luxury) is $115,000, with the 25th to 75th percentile range spanning $90,000 to $145,000. The 48% spread between P25 and P75 reflects significant pay variation driven by portfolio size and asset value, number of units managed, market tier, property type (branded residence vs. conventional luxury), and development-phase involvement. Demand for this role is trending upward with 0.08% year-over-year growth, which is putting upward pressure on compensation at all levels.

Capital Projects Manager (Luxury) Career Path

Professionals who move into Capital Projects Manager (Luxury) roles most commonly come from luxury hotel operations, real estate asset management, facilities management, or construction project management. From this position, the typical trajectory leads toward VP of property management, real estate development leadership, or asset management roles at family offices and investment firms. The average tenure in this role is approximately 3.5 years, with an annual turnover rate of 15%.

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