Skip to content

Leadership Hiring for Commercial Real Estate

Every building runs on the leader behind it.

Same title. Different job.

Class A office

Director of Property Management

Owns
Building operations, tenant experience, and capital projects
Measured on
Tenant retention, operating expense, and compliance
Built through
Institutional office management
Works with
Corporate tenants, engineering, and ownership

Multifamily portfolio

Director of Property Management

Owns
Leasing, renewals, and resident services across sites
Measured on
Occupancy, NOI, and resident retention
Built through
Residential operating platforms
Works with
Site teams, residents, and asset managers

The wrong leadership hire costs more than a salary. It costs the deals not done, the assets mismanaged through a cycle, and the team that walks out.

Where we lead searches.

Seats we fill

  • Chief Investment Officer
  • Vice President of Asset Management
  • Director of Portfolio Strategy
  • Head of Investor Relations

Inside a search.

Search brief

Chief Financial Officer · Hybrid, Dallas

First-year outcome
Close the next fund raise
Reports to
President
Base
$250,000 to $300,000
Must have
Fund accounting depth

A third option.

The rigor

Retained search

Method
Mapped market, written assessments
Fee
Two thirds before your hire signs

The terms

Contingent recruiting

Method
Résumé volume
Fee
When your hire signs

Both

24 Hour Search

Method
Mapped market, written assessments
Fee
When your hire signs

What it costs, and when.

Retained search

30% of first-year cash compensation, in three installments

Engagement$31,250
Slate$31,250
Offer signed$31,250
Total$93,750

24 Hour Search

25% of first-year base salary, once

EngagementNone
SlateNone
Offer signed$62,500
Total$62,500
How this is calculated

Industry sources put retained fees at 25 to 35 percent of first-year cash compensation (base plus target bonus), billed in three installments at engagement, slate, and placement; we show 30 percent. The first two installments are owed whether or not the candidate signs. Our fee is 25 percent of first-year base salary, invoiced at the signed offer, with no fee on bonus, equity, or sign-on cash. Exact terms are confirmed at engagement.

What CRE leaders ask before engaging a search.

When should I engage an executive search firm for a CRE leadership hire?

Engage a search firm when the role is senior enough that hiring the wrong person creates strategic, capital, or reputational risk you cannot easily recover from. That usually means Director-through-C-suite roles in commercial real estate where the seat is specialized enough that an internal recruiter cannot evaluate it confidently, the market has to be mapped rather than advertised to, and the cost of a mishire materially outweighs the cost of the search itself.

What is the difference between retained executive search and contingent recruiting in commercial real estate?

Retained search firms charge an upfront retainer regardless of outcome and run a defined process to a defined conclusion. Contingent recruiting is paid only on placement, which usually incentivizes speed and volume over fit. 24 Hour Search is built differently: we deliver the methodology of retained search (market mapping, direct outreach, deep reference work, accountability for the outcome), and by default you pay when your hire signs. Retained engagements are available when a client prefers one.

Which CRE asset classes does 24 Hour Search cover?

We place leadership across office, industrial and logistics, retail and mixed-use, multifamily including affordable, hospitality, and land and development. Asset-class fluency matters at the leadership level. A Head of Asset Management built inside multifamily is not interchangeable with one built inside industrial, and the search anchors on the specifics of the actual portfolio.

Do you work with owners and operators, service providers, or both?

Both. On the principal side, we place leadership for owners, operators, REITs, funds, and developers. On the service-provider side, we place senior leadership for global and regional CRE service providers and brokerages, including Heads of Transaction Management, Account Leaders, and Market Leaders or Managing Principals.

How long does a typical CRE executive search take?

We work on your timeline. As a rough guide, Director and VP searches often close in 60 to 90 days from engagement to accepted offer, and C-suite searches in 90 to 120. The real pace depends on availability and urgency, yours and the candidates’.

How is 24 Hour Search different from a typical CRE recruiter?

Our methodology is retained-grade: market mapping, direct outreach, deep reference work, and accountability for the outcome. Every search is run personally by an experienced practitioner with a CRE-fluent background, and the mandate is to reduce the risk of the wrong hire, not to fill the seat fastest.

More questions

Your next leader is one conversation away.

You pay when your hire signs.

We reply within one business day.