Senior Consultant, Engineering Services - Real Estate
Listed on 2026-03-01
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Engineering
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Management
Program / Project Manager
What You'll Do
We’re looking for a Senior Consultant, Engineering to join our Principal Real Estate team. In this role, you’ll provide in‑house consulting and review of construction management, building technology, and property condition and/or environmental risk assessments to support commercial real estate investments. You’ll review architectural/engineering designs, project budgets, schedules, contract documents, risk management practices, and sustainability programs, and assess the quality, condition, and physical needs of investment properties.
- Analyze and interpret architectural, engineering, construction, and environmental due‑diligence information. Review related documents for internal teams, external property managers, portfolio managers, and clients.
- Develop scopes of work for external consulting and construction providers, and negotiate fees, terms, and conditions for investment, capital expenditure, due‑diligence, risk management, and sustainability initiatives.
- Manage assigned projects for asset managers, mortgage loan representatives, portfolio managers, and clients.
- Travel to properties and markets to inspect assets, audit physical condition, and oversee project management activities as needed.
- Develop, supervise, and deliver training on programs and procedures that help reduce economic risks tied to engineering, construction, sustainability, and existing property conditions.
- Oversee construction budgets, vendor relationships (including contract and fee negotiations, product quality, and timeliness), and resource allocation.
Principal Asset Management is the global investment solutions business for Principal Financial Group® (Nasdaq: PFG), managing $579.8 billion in assets including $102.2 billion in real estate assets, and over 60 years of experience our comprehensive, specialized capabilities across all four quadrants of commercial real estate-private equity, public equity, public debt, and private debt gives us a unique perspective on real estate space and capital markets.
Principal Asset Management has been recognized as a “Best Places to Work in Money Management” for 14 consecutive years! Check us out at !
- Bachelor's degree in engineering, architecture, or fields applicable to construction management.
- Minimum of 7 years of relevant engineering, architectural, or construction management experience.
- Must have knowledge of national, state, and local regulatory standards.
- Professional licensures in Architecture, Mechanical Engineering, Construction Management, Civil/Environmental Engineering or other applicable field.
- Project management experience in a variety of building project types such as senior living, multi-family residential, office, retail, and industrial.
- Excellent mathematical, oral, and written communication skills.
- Demonstrated ability to use sound judgment in providing cost effective engineering, construction project consulting, and/or construction management services.
- Success in this position requires a strong client service orientation, the ability to make effective decisions, and proven consulting and project management skills.
- Assertive, diplomatic, and positive.
Salary ranges below reflect targeted base salaries. Non‑sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.
Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly)
$127,000 – $171,000 / year
Salary Details
The base salary range for this role is $127,000 – $171,000 as indicated above. Final compensation will be determined based on skills, experience, and alignment with the role's responsibilities.
In addition to base pay, this role participates in an annual profit share bonus plan
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Flexible Time Off (FTO) is…
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