Property Operations · Manager · 6 to 11 years typical
Capital Projects Manager (Luxury) Salary
Annual base compensation, national and by market, from 257 named sources. Every figure below says where it came from.
| Market | Multiplier | P25 | P50 | P75 | P90 |
|---|---|---|---|---|---|
| New York City, NY | 1.40× | $125,000 | $160,000 | $205,000 | $255,000 |
| San Francisco, CA | 1.30× | $115,000 | $150,000 | $190,000 | $235,000 |
| Boston, MA | 1.25× | $115,000 | $145,000 | $180,000 | $225,000 |
| Palm Beach, FL | 1.25× | $115,000 | $145,000 | $180,000 | $225,000 |
| Miami, FL | 1.23× | $110,000 | $140,000 | $180,000 | $220,000 |
| Los Angeles, CA | 1.20× | $110,000 | $140,000 | $175,000 | $215,000 |
| Washington, DC | 1.20× | $110,000 | $140,000 | $175,000 | $215,000 |
| Seattle, WA | 1.15× | $105,000 | $130,000 | $165,000 | $210,000 |
| Chicago, IL | 1.05× | $95,000 | $120,000 | $150,000 | $190,000 |
| Dallas, TX | 1.00× | $90,000 | $115,000 | $145,000 | $180,000 |
Time to fill 16 weeks for comparable searches, estimated from rouka's benchmark set.
Growing as aging luxury buildings require major capital improvement programs.
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 8% 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%.
Hiring a Capital Projects Manager (Luxury)?
A search playbook for this seat: compensation positioning against the band above, the sourcing map, and the interview framework.