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Senior property manager vs acquisitions manager

The differences between senior property managers and acquisitions 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 senior property manager and an acquisitions manager. Additionally, an acquisitions manager has an average salary of $97,768, which is higher than the $71,867 average annual salary of a senior property manager.

The top three skills for a senior property manager include property management, portfolio and real estate. The most important skills for an acquisitions manager are due diligence, project management, and digital marketing.

Senior property manager vs acquisitions manager overview

Senior Property ManagerAcquisitions Manager
Yearly salary$71,867$97,768
Hourly rate$34.55$47.00
Growth rate3%3%
Number of jobs13,4759,054
Job satisfaction-5
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 71%
Average age4848
Years of experience66

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.

What does an acquisitions manager do?

Acquisition managers supervise a company's purchasing ventures. They are responsible for discovering and analyzing possible purchase deals, arranging the purchase terms and contracts, implementing and completing the purchase. They work in multiple industries, generally labor 40 or more hours a week in an office domain, and may need to travel occasionally. Employers look for candidates with strong leadership, negotiation, analytical, finance, and computer skills. Preferred individuals are those who have undergone project management and has training in areas such as mergers and acquisition, consulting, and corporate development.

Senior property manager vs acquisitions manager salary

Senior property managers and acquisitions managers have different pay scales, as shown below.

Senior Property ManagerAcquisitions Manager
Average salary$71,867$97,768
Salary rangeBetween $46,000 And $110,000Between $65,000 And $145,000
Highest paying CityRichmond, CAHartford, CT
Highest paying stateWashingtonConnecticut
Best paying companyAlbemarleMcKinsey & Company Inc
Best paying industryProfessionalProfessional

Differences between senior property manager and acquisitions manager education

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

Senior Property ManagerAcquisitions Manager
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Senior property manager vs acquisitions manager demographics

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

Senior Property ManagerAcquisitions Manager
Average age4848
Gender ratioMale, 41.9% Female, 58.1%Male, 64.6% Female, 35.4%
Race ratioBlack 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%Black or African American, 9.1% Unknown, 4.2% Hispanic or Latino, 16.6% Asian, 5.4% White, 64.2% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between senior property manager and acquisitions manager duties and responsibilities

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.
  • Show more

Acquisitions manager example responsibilities.

  • Manage and coordinate creation of all HOA documents and set-up.
  • Lead media strategy to acquire Facebook data and grow company's first social lead pool
  • Lead paid acquisition marketing efforts to achieve user volume, quality and ROI goals within budgets.
  • Manage segment's treasury function including equity forecasting and investment requests as well as lender relations in a difficult banking environment.
  • Compose RFP responses to new business inquiries.
  • Represent program to OSD staff, i.e.
  • Show more

Senior property manager vs acquisitions manager skills

Common senior property manager skills
  • Property Management, 16%
  • Portfolio, 12%
  • Real Estate, 11%
  • Yardi, 5%
  • Property Inspections, 5%
  • Construction Projects, 4%
Common acquisitions manager skills
  • Due Diligence, 9%
  • Project Management, 7%
  • Digital Marketing, 7%
  • PowerPoint, 4%
  • Mergers, 4%
  • Excellent Interpersonal, 4%

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