how many jobs are available in real estate investment trusts
Real estate investment trusts (REITs) have become a huge component of the real estate industry and overall economy in recent years. As a result, they have created many job opportunities in different fields. Some people may wonder how many jobs are available in REITs and if it is a career field they should consider.
The answer to this question is quite complex as there are many jobs within the REIT industry. Some of the more common roles in REITs include real estate investment analysts, marketing professionals, and accounting professionals. These positions require a variety of skills and can be very lucrative.
Other popular roles in REITs include property managers and asset management professionals. These roles are responsible for the day-to-day operations of a REIT’s properties. These positions require excellent management and organizational skills as well as a deep understanding of the real estate market. Some of the highest paying roles in REITs are those of executive-level management. These positions can pay six figures or more.
In addition to these roles, REITs also employ other people who support their operations in various capacities. These people can include external service providers and employees of third-party firms that provide various services to REITs. For example, real estate brokerage firms often work with REITs to find tenants and buyers for their properties. Other important support staff members include human resources professionals who are responsible for hiring and managing REIT employees.
According to a LinkedIn job search, there are currently over 1100 jobs available in REITs. This includes a wide range of positions, from equity research senior analyst to corporate development managers. The total number of REIT jobs is likely higher as there are a number of open positions that have not been advertised yet.
As of 2022, there are 274 REITs listed on the NASDAQ and other major stock exchanges. These companies operate real estate across a diverse portfolio, including commercial office space, hospitals, retail space, warehouses, hotels, and more. The value of the REIT sector is estimated at over $1 trillion.
The REIT industry directly and indirectly supports over 2.3 million full-time jobs in the United States. REITs are considered one of the safest and most stable investments that can yield high returns over the long term.
REITs have grown in popularity in recent years as they offer investors a steady return on their investments and an opportunity to diversify their portfolios. However, it is essential to understand the complexities of REITs before investing.
The amount of jobs in REITs can vary widely depending on the size and complexity of a particular company. Larger REITs typically have a more expansive portfolio and therefore require more employees to manage it. Smaller REITs may have a smaller workforce and can rely on outsourcing some of their work to third-party firms. Regardless of the size of a REIT, all employees should be expected to be highly motivated and have excellent communication skills. They should be able to think strategically and make informed decisions that will positively impact the REIT’s performance.