Project Manager

Propel Recruitment LLC; California (MO); Hybrid; USD 120,000 - 170,000; Full time

Job summary

Propel Recruitment LLC, a Bay Area real estate investment and development firm, is seeking a Project Manager to join its Peninsula-based team. This role offers exposure across acquisitions and development, from underwriting opportunities to planning and execution, with a mix of analytical modeling and hands-on project management.

You'll work cross-functionally across teams and use ARGUS/Excel to model returns while guiding projects through planning, entitlement, design and execution, tracking

Qualifications

• Residential/Multi-family real estate experience required.
• Strong financial and analytical capabilities, including real estate modeling.
• Experience with ARGUS and development/entitlement processes.

Responsibilities

• Assess acquisitions and development opportunities through underwriting.
• Build and analyze financial models, pro formas, and investment scenarios.
• Use ARGUS and Excel to evaluate returns and project economics.
• Participate in due diligence and identify investment risks.
• Support planning, entitlement, design, and development phases.
• Review plans, budgets, and schedules; track milestones and performance.
• Collaborate with internal and external partners and prepare investment materials.
• Gain exposure to both investment decisions and execution.

Skills

Real estate

Financial modeling

ARGUS

Development

Entitlement

Cross-functional team leadership

Communication

Tools

ARGUS

Excel

Job description

A well-established Bay Area real estate investment and development firm is seeking a Project Manager to join its Peninsula-based team.

This is a unique opportunity for a real estate professional who enjoys working across both the analytical and execution sides of the business. The role will support both acquisitions and development, providing exposure across the lifecycle of a real estate investment, from evaluating and underwriting potential opportunities through planning, entitlement and development execution.

Depending on current deal activity and the individual's background, the role may lean more heavily toward acquisitions at times and development at others. The ideal candidate will be equally interested in getting into the spreadsheets and modeling as they are in understanding plans, working through project details and helping move a development forward.

What You'll Do

• Support the evaluation and underwriting of potential real estate acquisitions and development opportunities
• Build and analyze financial models, pro formas and investment scenarios
• Utilize ARGUS and Excel to evaluate opportunities, returns and project economics
• Participate in due diligence and help identify potential investment and development risks
• Support projects through various stages of planning, entitlement, design and development
• Review plans, budgets, schedules and other project-related materials
• Work cross-functionally with internal team members and external partners, consultants and stakeholders
• Assist with presentations, recommendations and materials used to support investment and project decisions
• Track project progress, financial performance and key milestones
• Gain meaningful exposure to both the investment decision-making process and execution of real estate projects

What We're Looking For

• Experience within Residential/Multi-Family real estate acquisitions, development, investments, asset management or a related discipline
• Strong financial and analytical capabilities, including experience with real estate financial modeling
• Working knowledge of ARGUS
• Exposure to development, entitlement, construction or project execution is highly valued
• Ability and interest in operating across both the quantitative and hands-on sides of real estate
• Strong communication skills and the ability to work collaboratively across multiple teams and disciplines
• A proactive, team-oriented approach with an interest in continuing to broaden your real estate experience

Why This Opportunity

This is a unique opportunity to join an experienced, highly collaborative real estate team and gain exposure beyond a traditional acquisitions or development role. You'll have the opportunity to work alongside people who genuinely enjoy what they do and value working together, while contributing to meaningful projects and the continued growth of the portfolio.

Rather than staying on one side of the investment lifecycle, you'll gain exposure from initial evaluation and underwriting through planning, development and execution. For someone looking to broaden their real estate experience while joining a team with strong tenure, expertise and a genuinely positive culture, this is a particularly compelling opportunity.

Schedule:

Four days per week in office

This compensation range is a good faith estimate of the expected wage range you can expect to be paid upon hire.