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Commercial property manager vs senior property manager

The differences between commercial property managers and senior property managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a commercial property manager and a senior property manager. Additionally, a senior property manager has an average salary of $71,867, which is higher than the $61,361 average annual salary of a commercial property manager.

The top three skills for a commercial property manager include property management, real estate and portfolio. The most important skills for a senior property manager are property management, portfolio, and real estate.

Commercial property manager vs senior property manager overview

Commercial Property ManagerSenior Property Manager
Yearly salary$61,361$71,867
Hourly rate$29.50$34.55
Growth rate3%3%
Number of jobs42,36913,475
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 64%
Average age4848
Years of experience66

What does a commercial property manager do?

A commercial property manager is primarily in charge of overseeing the daily operations at commercial properties. They manage all leasing activities and serve as the tenants' point of contact. Their responsibilities include preparing and processing documents, answering inquiries and correspondence, supervising the property staff, and developing strategies to optimize operations. There are also instances where they must collect and process payments. Furthermore, as a manager, it is their duty to handle issues and concerns, resolving them promptly and efficiently.

What does a senior property manager do?

A Senior Property Manager is responsible for the administration of property operations and the leasing office. They ensure that property management runs smoothly and profits are maximized.

Commercial property manager vs senior property manager salary

Commercial property managers and senior property managers have different pay scales, as shown below.

Commercial Property ManagerSenior Property Manager
Average salary$61,361$71,867
Salary rangeBetween $36,000 And $103,000Between $46,000 And $110,000
Highest paying CitySan Francisco, CARichmond, CA
Highest paying stateCaliforniaWashington
Best paying companyWestern Alliance BankAlbemarle
Best paying industryNon ProfitsProfessional

Differences between commercial property manager and senior property manager education

There are a few differences between a commercial property manager and a senior property manager in terms of educational background:

Commercial Property ManagerSenior Property Manager
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 64%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Commercial property manager vs senior property manager demographics

Here are the differences between commercial property managers' and senior property managers' demographics:

Commercial Property ManagerSenior Property Manager
Average age4848
Gender ratioMale, 39.8% Female, 60.2%Male, 41.9% Female, 58.1%
Race ratioBlack or African American, 8.5% Unknown, 4.1% Hispanic or Latino, 17.4% Asian, 5.2% White, 64.2% American Indian and Alaska Native, 0.6%Black or African American, 8.9% Unknown, 4.1% Hispanic or Latino, 17.2% Asian, 5.4% White, 63.8% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between commercial property manager and senior property manager duties and responsibilities

Commercial property manager example responsibilities.

  • Manage vendors including developing key performance indicators plus RFP and provider selection.
  • Manage segment's treasury function including equity forecasting and investment requests as well as lender relations in a difficult banking environment.
  • Train entire company on new software OneSite from old version of YARDI.
  • Employ contractors to repair and maintain the building, plumbing, electrical, HVAC and operating equipment.
  • Lease vacant commercial space, prepare lease and abstract, bill monthly rents, input data into Yardi.
  • Perform a variety of maintenance and construction duties involving 21 HVAC systems, plumbing, electrical and structural building and maintenance.
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Senior property manager example responsibilities.

  • Forecast and manage replacement of major capital expense items including HVAC system, roof systems, parking lot surfaces etc.
  • Manage segment's treasury function including equity forecasting and investment requests as well as lender relations in a difficult banking environment.
  • Use advance Yardi skills to process accounts receivable/payable, review budget reports, and analyze performance reports.
  • Ensure that all building systems, electrical, plumbing, HVAC, and fire systems are property maintain and service.
  • Coordinate the transition of the accounting process moving from JD Edwards to Yardi, and the subsequent reconciliation of tenant accounts.
  • Supervise and oversee all tenant/Landlord development/redevelopment work/budgets within designate portfolio.
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Commercial property manager vs senior property manager skills

Common commercial property manager skills
  • Property Management, 12%
  • Real Estate, 11%
  • Portfolio, 9%
  • Commercial Property, 7%
  • Yardi, 5%
  • Cam, 5%
Common senior property manager skills
  • Property Management, 16%
  • Portfolio, 12%
  • Real Estate, 11%
  • Yardi, 5%
  • Property Inspections, 5%
  • Construction Projects, 4%

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