How Many Job Are Available In Real Estate Investment Trusts ? (2024)

How many job are available in Real Estate Investment Trusts ?

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Real Estate Investment Trusts (REITs) are companies that own and operate income-producing real estate, such as commercial buildings, rental properties, and hotels. Investment in REITs provides a stable income stream with the benefit of diversification. In 2023, REITs are expected to grow as investors seek alternative sources of income which in turn will increase various job opportunities at various levels.

How Many Job Are Available In Real Estate Investment Trusts ? (1)

The United States government regulates REITs through the Securities and Exchange Commission (SEC), which requires REITs to disclose information about their investment objectives, risks, and fees to potential investors. The SEC also requires REITs to have an independent board of directors to oversee fund management and ensure compliance with regulations.

Real Estate Investment Trusts (REITs) are a popular investment option in the United States of America, which offers investors a convenient and cost-effective way to gain exposure to the real estate market. REITs are basically companies that own and operate income-generating real estate properties and assets, such as shopping centers, office buildings, apartment buildings, and warehouses/store houses. REITs are traded on major stock exchanges like any other individual stocks, which will provide the job opportunities to various specialists of stock market.

They can also provide investors with diversification across multiple types of properties or locations, reducing risk exposure. It can be purchased and sold like any other individual stocks, with very minimum investment requirements, and can provide investors with liquidity and flexibility in investments.

REITs can also offer various tax advantages compared to other investment options available. Because they are required to distribute at least 90% of their taxable income to shareholders in the form of dividends, REITs can provide investors with a high yield and potential source of income. In addition, REIT dividends may qualify for a reduced tax rate, which can provide tax advantages for individual and business investors.

Investment in REITs carries risks, including management fees, market volatility, and tax implications. Its prices can fluctuate rapidly, and investors may lose all or a significant portion of their investment. REITs also charge management fees, which can erode returns over a period of time, and investors may also be subject to taxes on capital gains and dividend income.

According to a report by the National Association of Real Estate Investment Trusts (Nareit), as of 2020, there were over 200,000 jobs supported by the REIT industry in the United States. This mainly includes jobs directly employed by REITs, as well as jobs created by the economic activity generated by REITs.

The report also provides information on the jobs created by sector, with the largest percentage (37%) being in property management and leasing activities. This includes jobs such as property managers, leasing agents, and maintenance workers. The second-largest sector is finance and accounting, which makes up 16% of jobs in the REIT industry. Other sectors include development and construction (14%), legal (8%), and asset management (7%).

It’s important to note that these numbers are for the United States only, and the job market for REITs may vary in from one country to other. These numbers are from 2020 and may have changed in the past year due to the COVID-19 pandemic and other factors.

Property Manager

He is Responsible for overseeing the day-to-day operations of a REIT’s real estate properties, which primarily includes leasing, rent collection, maintenance, and repairs works.

Asset Manager

Asset Manager is Managing a REIT’s real estate assets and ensures that they are generates maximum value for the company. This may involve identifying opportunities for new acquisitions, overseeing property development, and managing risk or mitigation of risk.

Investment Analyst

Investment Analyst Conducts market research and financial analysis to identify potential real estate investment opportunities for a REIT. They primarily evaluates financial and economic data to determine whether a property is a good for investment and how much returns can be expected from it.

Real Estate Development Manager

Real Estate Development Manager Oversees the planning, design, and construction of new real estate projects for a REIT. They work closely with architects, engineers, contractors, and other professionals to ensure that the project is completed on time, within budget, and to the required quality standards.

Portfolio Manager

Portfolio Manager Manages a portfolio of properties owned by a REIT, ensuring that they are performing well and generating maximum returns for the REIT and its investors. They may make decisions about buying or selling properties, managing leases, and implementing strategies to optimize the portfolio’s performance.

Finance Manager

He / She is Responsible for managing a REIT’s financial operations, including budgeting, forecasting, financial reporting, and compliance with regulatory requirements.

Legal Counsel

Provides legal advice and guidance to a REIT on issues related to real estate law, finance, and corporate governance.

Marketing and Communications Manager

Develops and implements marketing and communication strategies to promote a REIT’s real estate properties and increase its visibility and brand awareness. This may involve creating marketing materials, managing social media accounts, and organizing events.

Human Resources Manager

Responsible for managing a REIT’s human resources activities, including recruitment, training, performance management, and employee relations.

IT Manager

Oversees a REIT’s information technology systems and infrastructure, ensuring that they are reliable, secure, and efficient. This may involve managing a team of IT professionals, implementing new technologies, and ensuring compliance with data protection laws.

REITs can provide investors with a convenient and diversified way to access the real estate market, with the potential for long-term growth and income. However, like any investment, REITs carry risks, and investors should carefully consider their financial goals and risk tolerance before investing in REITs. It is also important to research and compare REITs carefully and work with experienced professionals to ensure proper portfolio management and compliance with regulatory requirements.

The REIT industry offers a variety of employment opportunities across different sectors associated with it. Whether you’re interested in property management, finance, development, or legal work, there may be a job for you in the REIT industry. It’s important to do your research and make sure the job aligns with your skills and career goals before applying.

How Many Job Are Available In Real Estate Investment Trusts ? (2024)

FAQs

How Many Job Are Available In Real Estate Investment Trusts ? ›

As of July 2023, approximately 200,000 jobs are available in Real Estate Investment Trusts (REITs) globally. The availability fluctuates due to market conditions and the continual evolution of the sector.

How many real estate investment trusts are there? ›

The number of real estate investment trusts (REITs) in the United States declined in 2023. In 2015, there were 233 REITs, which was the highest number on record. By 2023, the number of REITs had fallen to 195. Despite the decrease in the number of REITs, the market cap rose significantly.

Is real estate investment trusts a good career path? ›

Working in the REIT sphere can be a rewarding and fulfilling career choice, especially if you are already interested in investing in real estate. By joining a REIT company, you will gain valuable insights and knowledge about this unique investment field and learn how to operate effectively within it.

How many investors are required for a REIT? ›

To ensure compliance with these tests, most REITs include percentage ownership limitations in their organizational documents. Due to the need to have 100 shareholders and the complexity of both of these tests, it is strongly recommended that tax and securities law counsel are consulted before forming a REIT.

Do REITs pay well? ›

Since REITs return at least 90% of their taxable income to shareholders, they usually offer a higher yield relative to the rest of the market. REITs pay their shareholders through dividends, which are cash payments from corporations to their investors.

Is a real estate investor a good job? ›

Understanding how to manage a property is key; real estate must be managed well in order to make money. In the final analysis, real estate investment can be a very rewarding career both financially and emotionally, says Nicolais.

What is the 5 50 rule? ›

Five or fewer shareholders can't control more than 50% of the stock. Must pass annual income and quarterly asset tests, and. Must distribute 90% of its REIT taxable income each year.

What is the 90% REIT rule? ›

To qualify as a REIT, a company must have the bulk of its assets and income connected to real estate investment and must distribute at least 90 percent of its taxable income to shareholders annually in the form of dividends.

What is the 75% income test for REITs? ›

For each tax year, the REIT must derive: at least 75 percent of its gross income from real property-related sources; and. at least 95 percent of its gross income from real property-related sources, dividends, interest, securities, and certain mineral royalty income.

Can real estate investing be a career? ›

Diverse Career Opportunities: Real estate investment encompasses a wide range of career paths. From property acquisition and development to property management, finance, and real estate consulting, there are numerous avenues to explore based on individual interests and strengths.

What is the outlook for real estate investment trusts? ›

The past two years have been challenging for REIT returns, as the Fed ramped up its fight against inflation. The REIT industry, however, has continued to evolve and it appears that a recovery is likely on the horizon in 2024 and beyond.

What are the benefits of working for a REIT? ›

Working with REITs provides several key advantages, including diversified investments across multiple types of real estate, access to deep expertise on a range of property issues, and opportunities to benefit from equity market appreciation on portions of the portfolio.

Are real estate investment trusts a good investment? ›

Are REITs Good Investments? Investing in REITs is a great way to diversify your portfolio outside of traditional stocks and bonds and can be attractive for their strong dividends and long-term capital appreciation.

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