Property Operations · Director

Director of Residences / Residences General Manager Salary

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

National Compensation Range

P25

$100,000

25th percentile

P50

$145,000

Median

P75

$180,000

75th percentile

CANDIDATE MARKET

Very Tight

Scarcity: 9/10

EST. CANDIDATE POOL

30-80

Active candidates nationally

DEMAND TREND

Stable

18% year-over-year

RETENTION

4 yr avg tenure

12% annual turnover

Director of Residences / Residences General Manager Salary by City

New York City, NY$205,000
San Francisco, CA$190,000
Palm Beach, FL$190,000
Boston, MA$180,000
Los Angeles, CA$175,000

Median (P50) adjusted for metro cost of labor.

Market Trends

Dubai branded residence market grew 43% in 2024; global pipeline exceeding 900 projects; automotive brands entering

Also Known As

Residences GM, Head of Residential Operations, Director of Branded Residences, General Manager — Residences

What Does a Director of Residences / Residences General Manager Do?

The Director of Residences / Residences General Manager 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 12 to 18 years of relevant experience. Classified at the Director level, this position draws from a very tight candidate market with an estimated pool of 30-80 qualified professionals, making targeted sourcing and competitive compensation critical for successful placements.

What Drives Director of Residences / Residences General Manager Compensation?

The median (P50) compensation for a Director of Residences / Residences General Manager is $145,000, with the 25th to 75th percentile range spanning $100,000 to $180,000. The 57% 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 0.18% year-over-year growth, which is putting upward pressure on compensation at all levels.

Director of Residences / Residences General Manager Career Path

Professionals who move into Director of Residences / Residences General Manager 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 4 years, with an annual turnover rate of 12%.

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