How Many Jobs are Available in Real Estate Investment Trusts?

A real estate investment trust (REIT) is a company that specializes in developing and investing in different properties.

This organization can be either for-profit or not-for-profit, and large institutions or groups of investors typically own it. A REIT provides investment capital to developers who want to build new commercial properties, including shopping malls, office buildings, hotels, and residential complexes.

They also provide financial support for the construction phase of these projects. But what are some reasons why one should consider joining this industry? Read on below!

How Many Jobs Are Available in Real Estate Investment Trusts?

There are over 1000 REIT jobs listed on sites like Indeed, LinkedIn, and ZipRecruiter. Jobs in REITs vary from office vacancies to high-level positions.

According to REIT.com, REITS contributed 2.6 million full-time jobs to the economy in 2019. There are over 1,000 REDT’s in Canada, and according to recent data, their investments amount to $2.8 trillion.

How to Find a REIT Job

To get a job at a REIT, you need to be in the right place at the right time. If you don’t have connections with an employer, the only way to search for REIT jobs is online. You can use any of the major job search websites to find your next career opportunity.

For general job searching, check sites like Indeed or GlassDoor.
Search specifically for “real estate investment trusts,” then look for companies that are hiring.
Check LinkedIn and Craigslist for open positions within REITs.
Use LinkedIn to reach out to REIT directly and get your application noticed before it hits the job boards if you have a personal connection with someone at the company, even better!
Job fairs are another way to find employment.
Don’t forget to apply for internships, as many well-established companies offer programs for new graduates and students who want real estate experience in their
Use Google Alerts to subscribe to new jobs within specific geographic areas where you live or want to work (you can also search for “REIT jobs in [city]” and get a list of companies).

You might think that you’re limited to being an employee if you have to work at a REIT. But more and more REITs are hiring freelancers for various projects. These could be writing blog posts, creating videos or photos, doing social media, or running marketing campaigns.

Some of these freelancers can make an even better living than employees because they have many opportunities to work and earn a high income. Freelance jobs are also short-term, making them perfect for people who want to do their own thing on their own schedule.

If your goal is to work at a REIT long-term, focus on getting your foot in the door, even if it means you have to start at an entry-level or low-paying role and work your way up the corporate ladder.

REITs are always looking for creative, hard-working people willing to learn how real estate investment works. If that’s you, getting a job at a REIT won’t be much of a challenge because there’s always an opening for someone with your skills!

Types of Real Estate Investment Trusts

There are many different types of Real Estate Investment Trusts (REIT). They’re divided into four different categories: residential office, healthcare, retail, mortgage, and equity.

Residential REITs

This is the most popular form of REIT, which makes up almost 40% of total U.S. market capitalization in real estate.

These companies invest in apartments or homes and offer investors a steady rate of return on their investment and protect them from inflation. Companies that are big players in this industry include Invitation Homes, American Homes 4 Rent, and Equity Residential.

Office REITs

This is a fairly large sector of the U.S. market for investment in real estate. The companies that make up this sector own office buildings and usually lease these spaces to businesses or government agencies on short-term leases (e.g., 1 to 10 years). Some examples of these companies include Prologis, Boston Properties, and Via Realty.

Healthcare REITs

Healthcare real estate investments provide investors with stable investment opportunities in medical facilities on a short- or long-term basis.

In addition, these investments are recession-resistant because there is always a need for healthcare facilities. Some of the bigger players in this sector include Healthcare Trust of America, Health Care REIT, and HCP (HCP).

Retail REITs

The companies that comprise this sector own retail properties that are leased out to businesses or big-box stores. This type of investment is trendy with

How can you invest in REITs?

REITs offer a straightforward way to invest in real estate. You can purchase an index fund or ETF that is composed of many different REIT stocks.

However, before you buy into this type of investment, you should do some research on the companies you’re considering investing in and their business models.

What is the future of REITs?

With the steady performance of real estate investments, it’s hard to imagine them going away any time soon. The U.S. market for REITs is predicted to grow (in terms of value) by about 5% per year for the next decade, and with rising interest rates, many people expect a substantial increase in the number and size of REITs.

As a result, getting a job at a REIT can mean stable employment, great money, and an exciting career.

REIT jobs are available in all kinds of different fields, so it’s easy to find one that fits your interests or education level. For example, you could be an office manager for an apartment building or marketing director for a major medical facility.

The opportunities for employment in this sector are practically limitless. If you’re looking for a career that’s exciting, interesting, and financially rewarding, then you should consider getting your foot in the door at a REIT!

The best-paying jobs in real estate investment trusts are those that occupy the higher-level management positions. These jobs are usually located in large cities and require a lot of responsibility and work.

Income

The median salary for a REIT executive is about $105,000 per year, and the top earners have incomes upwards of $240,000 per year. The type of company will also determine how much you can make as a senior executive.

For instance, if you are a chief investment officer at a residential REIT company, you could expect to make about $185,000 to $260,000 per year. On the other hand, if you are president of a healthcare REIT company, you may make upwards of $290,000 per year with bonuses and additional incentives.

The average senior REIT executive earns $110,000 per year, excluding bonuses and other incentives. The highest-paid executives usually have an ownership stake in the company that they work for.

If you want to earn more than this amount, look into Senior Executive positions at the highest paying REIT companies. These jobs are located in New York City, Boston, San Francisco, and Los Angeles.

Smaller companies with lower profit margins usually offer the lowest-paid jobs. If you want to maximize your earnings as a REIT employee, consider working for larger companies with higher profits and more complex job tasks. These positions often have higher salaries as well.

Job Outlook

If you want to work for a REIT company, you should consider getting your foot in the door in an entry-level position.

If you have experience with real estate or running large businesses, then this could be the perfect move for your career. However, don’t shy away from applying if you don’t have related experience: most companies will train.

The job market for senior REIT executives is expected to grow at about 10% per year. This means that there will be more companies looking to fill these high-level positions during the next few years. The best opportunities seem to be in real estate investment trusts located on the East and West coasts of the United States.

If you want to boost your career and income in real estate, you should consider getting your foot in the door with one of these companies.

About 30% of all REIT jobs are managerial positions. The majority of them require a college degree, but there are many executive-level jobs out there that only require a high school diploma or associate’s degree.

If you want to work for a REIT company, you should consider getting your foot in the door in an entry-level position.

There are many different entry-level jobs in real estate investment trusts, and most do not require experience. For example, you could be a general manager, assistant office manager, or even an operations specialist. If you have experience in any of these roles, it should be relatively easy for you to find employment with a REIT. The most important factors are location, education level, and experience.

If you want to earn more than the average executive, then consider applying for a job in one of these high-paying areas: San Jose (Silicon Valley), Washington D.C., Los Angeles, Austin, Boston, New York City, and San Francisco.

Conclusion

REIT jobs are a great way to boost your career and income in real estate. If you’re looking for an entry-level position, there’s no need to worry about experience, as most REITs will train you on the job.

The best opportunities seem to be in New York City, Boston, San Francisco, or Los Angeles. For more senior positions (i.e., Chief Executive Officer), it may be helpful if you have some related experience with managing large companies or running real estate investments before applying–you’ll stand out among other applicants who don’t have this type of background!