how many jobs are available in real estate investment trusts – Real Estate Investment Trusts (REITs) invest in several types of real estate sectors including Retail, Residential, Office Buildings, and Industrial. For investors seeking a regular income from real estate without actually owning property REITs offer the perfect investment option. Even so, the REIT industry is about more than just investment upside it offers numerous career prospects.

The following post will discuss some of the various types of jobs within the REIT sector, which companies are hiring for these positions, and how much you might expect to earn in particular roles.

Types of Jobs in REITs

The REIT sector is broad; job openings are available in financial departments, property management office, develop and lease location department or legal campus legislation. Here are some typical roles:

Real Estate Analyst

Role: Analysts work for REITs evaluating investment opportunities, understanding up to date market-to-market trends, properties pricing, and building financial models to help guide the decision-making process in investments.
Real Estate Analyst Salaries: Entry level salaries range from $60,000 to $85,000 per annum depending on the size and location of the company. You can Experience the highest available salary with senior analysts making over $100,000 dollars a year.
Organizations: AvalonBay Communities, Equity Residential and Prologis.

Property Manager

Responsibilities: These professionals manage the day-to-day operations of REIT-owned commercial or residential properties. They deal from tenant relations to rent collection, maintenance coordination and make sure the property is being taken care of.
Average pay: Property Managers starting from $50,000 to $80,000 plus extra incentive compensation for property performance. This Position could earn $100K or more.
Organization: Crown Castle International, American Tower Corporation and Simon Property Group

Asset Manager

Primary Role: The asset manager adds value by initiating strategies for renovation, selling and purchasing properties, and leasing spaces on behalf of a REIT. They ensure the properties are headed in a direction that aligns with what investors had originally anticipated.

Average Pay: Asset managers with REIT’s can be a cushy gig for $90k – $150k/year + annual performance based bonus.

Companies: Welltower Inc, Boston Properties, Vornado Realty Trust.

Acquisitions Manager

Impact: Acquisitions managers are central to the identification, analysis and acquisition of new assets on behalf of the REIT Some things include researching properties and performing financial analysis and market assessments for real estate investments.
Average Pay: Depending on the experience and the size of REITs, You can earn an average of $100,000 -160,000 a year.
Organizations: Hines, CBRE Group Inc, Kimco Realty Corp.

Development Manager

Responsibilities: They are involved in the construction of new buildings and planning or conversions of old ones. They collaborate with architects, contractors and city planners to complete projects.
Average Pay: Development managers tend to make approximately $110K–$180K per year.
Enterprise: Duke Realty, Hudson Pacific Properties, Tanger Factory Outlet Centers.

Leasing Agent

Task: Leasing agents find tenants to rent out a REIT’s commercial or residential properties. They Manage The Property Showings, Lease Terms Negotiation And Also Keep Occupied As Whole Units To Generate Rental Incomesensed.
Projected Average Salary: Leasing agents can anticipate to make $40,000–$60,000 annually with cook on bonus per successful signature.
Organizations: Mid-America Apartment Communities (MAA), Public Storage were top companies and AvalonBay Communities.

Investors Relations Manager Specialist

Role: Investor relations specialists serve as an intermediary between the REIT and its shareholders. They keep clients informed on the performance of the trust in relation to its financial goalpost, send distributions out as dividends and act quickly to respond to any investor queries.
Average Pay: An investor relations specialist makes $70,000 to $120,000 a year.
Organizations: Ventas Inc, Realty Income Corporation, Digital Realty Financials.

Legal Counsel

Function: Provide legal advice on regulatory compliance, contractual negotiations and real estate law Meanwhile, they check every transaction against state and federal guidelines (a veritable minefield), arbitrate the odd dispute.
Earnings: In REITs, the income emanates from $120, 000 to $200, 000 per annum for lawyers.
Organizations: Essex Property Trust, Camden Property Trust, SL Green Realty Corp.

Companies in the REIT Sector

Broader Sectors in REITs are generally divided into some sectors that offer myriad career options. Following are some of the biggest and most popular REITs:

Simon Property Group: A company which focuses on retail properties and malls.
Prologis: Specializes in industrial and logistics real estate.
AvalonBay Communities: Leader in residential apartment communities.
Public Storage: A Self-storage REIT Goliath in the U.S.
Equity esidential: Primarily a high-quality apartment communities in urban properties.
American Tower Corporation: Specializes in telecommunication infrastructure work related to cell towers.
Ventas Inc: Healthcare that includes senior housing and medical office buildings.
Vornado Realty Trust: One of the biggest office and retail property owners in major cities, like NYC.
Digital Realty: Focus on data centers and Digital Particular Lodging Data

Job Market Outlook in REITs

We anticipate continued job growth in the real estate sector as it remains a dominant, institutional asset class for investors. The likes of e-commerce expansion which boosts the demand for industrial spaces, data centers on the rise and a strong need for residential and healthcare facilities are just some of the factors that keeps REITs as an instrumental cog in the economy.

REIT roles for job candidates include finance, operations, legal services and property management positions, which are all built around careers that offer viable career paths with strong pay. As REITs cover data centre and telecommunications infrastructure, they are also expected to hire more experts in technology and asset management.

Salaries in the REIT Sector

Salaries in jobs in REIT would from role to experience level, function within the organization and size of the company. Summary of typical roles and salary ranges

Location Salary Range (USD)

Real Estate Analyst –  $60,000 – $100,000+
Property Manager  – $50,000 -100,000
Asset Manager –  $90,000–$150,000
Acquisitions Manager –  $100,000 — $160,000
Development Manager –  $110,000 – $180,000
Leasing Agent – $40,000 – $60,000+ commission
Investor Relations –  $70,000 – $120,000
Legal Counsel – $120,000 – $200,000
The figures above are industry averages, and regional, business maturity or economic factors can change them.

Conclusion

how many jobs are available in real estate investment trusts – The Real Estate Investment Trust (REIT) sector provides many career paths, be it financial, property management and or with a legal and development angle. REITs have many different with the slow development and growing demand of real estate in retail, industrial, residential or healthcare, there are various career paths within REITs.

And with competitive pay and a clear path to career growth, the industry is attractive to professionals of all skills. Whether at the onset of your career or seeking opportunities to transition into a steadily growing sector, REITs remain one of the most attractive ones in real estate.