How many jobs are available in real estate investment trusts? What are the best paying jobs in real estate investment trusts? Is real estate investment trusts a good career path? If you are searching for these queries, then you are at the right place!
Real estate investment trusts are firms that hold finance producing real estate across many areas. This company is situated in almost every state of the United States. However, there are various conditions or requirements for a company to fulfill the basic terms and conditions of Real Estate Investment Trusts (REITs).
How Many Jobs Are Available In Real Estate Investment Trusts?
According to Indeed and LinkedIn, there are more than two thousand jobs available in real estate investment trusts. However, this number can increase or decrease as per the vacancy available in various sectors.
REITs are a rapidly growing industry where many investors are willing to invest more and more due to their investing benefits. On the other hand, ranging from the back office to customer support, there are many jobs available in real estate investment trusts (REITs) but the United States is not hiring all individuals.
You can apply for the post of real estate investment trusts (REITs jobs). The latest update shows that the total number of jobs in real estate investment trusts is as follows:
- New York – 130 Jobs
- Ashburn – 14 Jobs
- Scottsdale – 12 Jobs
- Milwaukee – 12 Jobs
- Virginia Beach – 12 Jobs
- Tampa – 13 Jobs
- Philadelphia – 16 Jobs
- Toledo – 17 Jobs
- San Diego – 18 Jobs
- Glendale – 13 Jobs
- Jersey – 20 Jobs
- Newark – 26 Jobs
- Austin – 26 Jobs
- San Francisco – 27 Jobs
- Washington – 28 Jobs
- Denver – 32 Jobs
- Atlanta – 42 Jobs
- Houston – 50 Jobs
- Los Angeles – 50 Jobs
- Dallas – 72 Jobs
- Chicago – 74 Jobs
Is Real Estate Investment Trusts A Good Career Path?
There are many queries regarding the opportunities of real estate investment trusts that it offers to its investors. REITs are a good career path but qualifying all the requirements of REITs may not be possible for every firm or individual.
Real estate investment trusts are a good career path, and one of the main reasons is a high return on investment. On the other hand, there are some basic factors that you need to consider before choosing REITs as your career path.
What Are The Best Paying Jobs in Real Estate Investment Trusts?
To know how many jobs are available in real estate investment trusts, first, you need to know what are the best paying jobs in REITs. According to our research, the best paying jobs in real estate investment trusts (REITs) are salespeople, leasing agents, broker jobs, fund managers, and much more. The descriptions of all jobs differ and you need to understand the basics of each and then you can proceed to know the best ones for yourself.
The benefits will increase more when you own your own real estate investments. Now, let’s discuss the top departments that get the highest salary in the real estate investment trusts.
1. Asset Manager
Within REITs, the Asset Management function is responsible for the financial and operational performance of the portfolio. They manage client assets according to investment goals and preferences. Moreover, these managers develop, organize and maintain client portfolios.
Asset management can be a good career, especially for investment banking, finance students, and high-performing economics. At the end of 2019, BlackRock was the largest asset management firm all over the world, with managed assets of around 7043 trillion US dollars. Thus, this is really a huge amount!
This is a team that is responsible for building fresh projects. This is actually a project management-heavy function that works with other functions to finance property development.
Besides, this is truly one of the best-paying jobs in real estate investment trusts that will hold your attention for some time. This is also regarded as a VIP job in REITs.
This is sourcing as a new investment opportunity and takes a deal to the end line. This is also a good career path because the individuals are already making around $80,000 in remuneration.
Acquisition departments provide paying jobs in real estate investment trusts. However, this is a pretty finance-heavy role within the real estate industry.
4. Investor Relations
This department of real estate investment management manages all outward-facing communication with REIT shareholders. An average management investor earns up to $150,000.
This is truly huge, and this is regarded as the best paying job role in REITs. Now, to get this job role, you need an undergraduate degree with a background in finance or accounting. There are also many consulting jobs available in REIT that you can have a look at.
Wrapping It Up!
The above discussed are the best paying jobs in real estate investment trusts that you must know before investing in this asset. Besides, I have tried my best to provide you the detailed information about how many jobs are available in real estate investment trusts. Still, if you have any doubts, you can mention them in the comment section below.