Project Management Advisors, Inc.
Project Management Advisors, Inc. is an independent real estate advisory and project management firm delivering owner's-representation, program management, and development advisory services to institutional owners, developers, investors, and public-sector clients across healthcare, education, life sciences, hospitality, residential, and workspace verticals.
- Company typePrivate
- Founded1993
- HeadquartersAustin, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Project Management Advisors, Inc. does
Project Management Advisors, Inc. (PMA) is an independent real estate advisory and project management firm founded in 1993 in Chicago, serving institutional owners, developers, investors, and public-sector clients across the full real estate lifecycle. The firm delivers six core services organized into two suites: Advisory (Real Estate Advisory and Optimized Project Delivery) and Project Delivery (Development Management, Project Management, Program Management, and Investor Representation). Engagements are custom-scoped, project-based professional services fees, with the firm operating as a conflict-free owner's representative free of brokerage or ownership ties. PMA's value is derived from senior practitioner expertise and two proprietary methodologies — the PMA Way framework (performance benchmarks, real-time visibility dashboards, integrated communication, proactive risk control) and the Optimized Project Delivery (OPD) consulting framework — rather than from software or hardware platforms.
PMA serves clients across eight primary verticals: higher education, healthcare, life sciences, residential/REITs, hospitality, K-12/municipal, data centers/mission-critical, and corporate workspace. Marquee clients include Google, NYU Langone Health, Healthpeak Properties, Nuveen, Paramount Group, UDR, Northern Trust, MetLife, Vertex Pharmaceuticals, and Exact Sciences. The firm operates from nine U.S. offices (Chicago headquarters plus Austin, Los Angeles, New York, Orlando, San Diego, San Francisco, Seattle, Tampa), and ranks among Engineering News-Record's Top Project Management-for-Fee Firms for six consecutive years, with combined project value exceeding tens of billions of dollars across residential ($20B+), workspace ($28B+), education ($2.5B+), and civic/cultural ($1B+) portfolios.
On December 10, 2025, PMA merged with Brailsford & Dunlavey (B&D) under the ownership of Bernhard Capital Partners, a services- and infrastructure-focused private equity firm with $6B in AUM. The combined organization has 450+ professionals, ranks in the Top 20 nationally on the 2025 ENR Program Management Firms list, and operates as an integrated institutional program management platform targeting social and infrastructure clients while both legacy brands remain visible during integration. Leadership combines Roger McCarron (President & CEO of PMA), Paul Brailsford (Co-CEO of the combined firm), Andrew Roscoe (Co-President of PMA), and sector presidents leading the West, East, and specialty verticals.
Project Management Advisors, Inc. firmographics
Firmographics- Name
- Project Management Advisors, Inc.
- Legal name
- Project Management Advisors, Inc.
- Website
- http://pmainc.com
- Company type
- Private
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Project Management Advisors, Inc. is an independent real estate advisory and project management firm delivering owner's-representation, program management, and development advisory services to institutional owners, developers, investors, and public-sector clients across healthcare, education, life sciences, hospitality, residential, and workspace verticals.
- Ownership category
- akta.pro rank
Project Management Advisors, Inc. industry classification
Industry- Product category
- Real Estate Project Management Consulting
- SIC
- Services-Management Consulting Services (8742)
- akta.pro primary industry
- Program & Project Management (PMO) Consulting (BPAHACAL)
Keywords
Where Project Management Advisors, Inc. is headquartered
LocationHeadquarters
- HQ city
- Austin
- HQ country
- United States
- HQ region
- North America
Offices9 records
Markets served
Project Management Advisors, Inc. business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Professional Services — Advisory: Strategic consulting engagements billed on a project or retainer basis, covering real estate advisory, market analysis, development strategic planning, transaction consulting, financial modeling, and portfolio optimization. These are typically scoped, project-based fees.
- Professional Services — Project Delivery: End-to-end project and program management services covering development management, project management, program management, and investor representation. Revenue is generated through professional service fees for owner representation and project delivery engagements across the full real estate lifecycle.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Project Management Advisors, Inc. product offering
Product offeringCore offering
Project Management Advisors, Inc. (PMA) is an independent real estate consulting and project delivery firm offering owner's representation, development management, project management, and program management services. The firm provides advisory on market intelligence, investment strategy, and asset optimization, alongside hands-on execution of design, construction, and capital programs across sectors including healthcare, education, hospitality, life sciences, residential, civic, and workspace. Engagements are custom-scoped, fee-based professional services delivered by senior-level practitioners from eight U.S. offices.
Product overview
Project Management Advisors (PMA) is an independent real estate consulting and project delivery firm offering a unified portfolio of advisory and project delivery services. The advisory suite includes Real Estate Advisory (strategic guidance on market intelligence, investment strategy, and asset optimization) and Optimized Project Delivery (process improvement consulting). The project delivery suite encompasses Development Management (end-to-end development oversight), Project Management (design and construction phase execution), Program Management (multi-project coordination), and Investor Representation (investment monitoring). These services span the full real estate lifecycle from early strategic planning through project closeout, serving clients across diverse sectors including healthcare, education, hospitality, life science, residential, and workspace.
Differentiator
Problem solved
Functional benefit
Products and services
- Real Estate Advisory Strategic consulting service providing market and site intelligence, development readiness assessments, investment strategy and transaction support, and portfolio and asset optimization to help clients navigate real estate decisions and maximize asset value.
- Optimized Project Delivery A consulting service that helps owners and developers improve how projects are planned, executed, and measured by targeting critical success factors across processes, behaviors, and resources to enable consistent, scalable project success.
- Development Management Comprehensive end-to-end service managing the entire development process from project conception through completion, including pre-development, development, and post-development activities for ground-up construction, redevelopment, renovation, and build-to-suit projects.
- Project Management Focused expertise for execution and delivery of the design and construction phase, managing activities across preconstruction, construction, and post-construction phases with proactive issue anticipation and cost control.
- Program Management Service unifying complex multi-project programs through centralized implementation plans built on proven project management methodologies, maximizing efficiency across distinct scopes, schedules, and geographic markets.
- Investor Representation Service proactively monitoring project progress relative to schedule, tracking budgets, and communicating insights through comprehensive reviews of key project documents to maximize returns and minimize risks for investors.
Quantifiable outcome
- Portfolio of over $20 billion in residential and student housing projects; 350+ projects and 30,000+ residential and student housing units
- +4 more outcomes
Companies that use Project Management Advisors, Inc.
Customer profileNamed customers22 records
Segments8 records
Ideal customer profiles7 records
Project Management Advisors, Inc. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Project Management Advisors, Inc. partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Brailsford & Dunlavey (B&D)corePMA and Brailsford & Dunlavey merged in December 2025 to form a unified institutional program management platform with combined capabilities across strategic planning, advisory, project leadership, owner's representation, and operations consulting. The combined firm serves social and institutional infrastructure clients and large asset owners across higher education, healthcare, life sciences, technology, K-12, civic, sports venues, hospitality, and residential sectors. Both brands will remain visible during integration, and existing teams, services, and active projects are not impacted.
Scale indicators12 records
Recent moves7 records
Expansion highlights5 records
Project Management Advisors, Inc. competitors and assessment
Company assessmentDirect peers
- Hill International: Global construction consulting and project management firm specializing in program, project, and construction management for buildings, transportation, and infrastructure. Most directly comparable pure-play PM-for-fee peer to PMA.
- Brailsford & Dunlavey: Program management and owner's representation firm specializing in institutional infrastructure (higher education, healthcare, athletics, civic). Now merged with PMA, but historically the most directly comparable peer given near-identical service model and sector focus.
Broad incumbents
- Arcadis (including Heery International): Global design, engineering, and project management consultancy with a significant North American program management practice (including the legacy Heery business). Competes with PMA across education, healthcare, and civic sectors.
- JLL Project & Development Services: Global CRE services platform offering project and development services alongside brokerage, capital markets, and facilities management. Directly competes with PMA in owner's representation and PM, but as part of a much broader diversified portfolio with potential conflict-of-interest dynamics.
- CBRE Project Management: Largest global CRE services firm with a dedicated Project Management practice serving occupiers and investors across office, life sciences, healthcare, and hospitality. Overlaps with PMA's service lines but offers bundled brokerage and capital markets capabilities.
- Lendlease Project Management: Global real estate and infrastructure firm offering project management and owner's representation across commercial, residential, life sciences, and civic sectors. Comparable in service model though Lendlease also operates as a developer, creating potential conflict dynamics that PMA explicitly avoids.
- Newmark Project Management: Global CRE services firm offering owner's representation and project management services, particularly in office, life sciences, and healthcare. Comparable to PMA in service offering but typically as part of broader advisory mandates.
- AECOM (Tishman Construction): Global infrastructure consulting and engineering firm with a major program management practice covering real estate, transportation, healthcare, and education. Competes with PMA on large institutional PM mandates, though AECOM's scope extends well beyond real estate.
- Cushman & Wakefield Project & Development Services: Global CRE services platform with a dedicated PDS practice spanning owner's representation, project management, and development advisory. Competes with PMA on enterprise mandates but typically bundles services with brokerage and valuation.
Emerging players
- Mace Group: Global consultancy and construction firm expanding its North American project management and owner's representation footprint in commercial real estate, life sciences, and hospitality. Increasingly relevant competitor as it scales U.S. operations, though still smaller than PMA's domestic platform.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Project Management Advisors, Inc. social profiles
Digital presenceProject Management Advisors, Inc. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Project Management Advisors, Inc. leadership team
Management profileNumber of profiles
Profiles13 records
Project Management Advisors, Inc. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Project Management Advisors, Inc. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Project Management Advisors, Inc.
What does Project Management Advisors, Inc. do?
Project Management Advisors, Inc. (PMA) is an independent real estate consulting and project delivery firm offering owner's representation, development management, project management, and program management services. The firm provides advisory on market intelligence, investment strategy, and asset optimization, alongside hands-on execution of design, construction, and capital programs across sectors including healthcare, education, hospitality, life sciences, residential, civic, and workspace. Engagements are custom-scoped, fee-based professional services delivered by senior-level practitioners from eight U.S. offices.
Is Project Management Advisors, Inc. a public or private company?
Project Management Advisors, Inc. is a private company. It is classified as private equity controlled and is currently operating.
When was Project Management Advisors, Inc. founded?
Project Management Advisors, Inc. was founded in 1993. It employs 101 to 250 people.
Where is Project Management Advisors, Inc. based?
Project Management Advisors, Inc. is headquartered in Austin, United States, in the North America region.
How does Project Management Advisors, Inc. make money?
Two revenue lines are on record. Professional Services — Advisory is the primary driver. The others are professional Services — Project Delivery.
Who are Project Management Advisors, Inc.'s main competitors?
Direct peers on record are Hill International and Brailsford & Dunlavey. Broad incumbents are Arcadis (including Heery International), JLL Project & Development Services, CBRE Project Management, Lendlease Project Management, Newmark Project Management, AECOM (Tishman Construction) and Cushman & Wakefield Project & Development Services. Mace Group is listed as an emerging player.
Does Project Management Advisors, Inc. have an API?
No public API is recorded for Project Management Advisors, Inc..
What industry is Project Management Advisors, Inc. in?
Project Management Advisors, Inc.'s product category is Real Estate Project Management Consulting. Its primary akta.pro industry code is BPAHACAL, Program & Project Management (PMO) Consulting. Its SIC code is 8742.