HOW MANY JOBS ARE AVAILABLE IN REAL ESTATE INVESTMENT TRUSTS

HOW MANY JOBS ARE AVAILABLE IN REAL ESTATE INVESTMENT TRUSTS

Understanding how many jobs are available in real estate investment trusts (REITs) and if there is a good career path when joining one are essential considerations when contemplating the industry.

What is Real Estate Investment Trusts

Real estate investment trust (REIT) is a company that owns, operates, or finances income-generating real estate. Modeled after mutual funds, REITs pool the capital of numerous investors. This makes it possible for individual investors to earn dividends from real estate investments without having a need to buy, manage, or finance any properties themselves. Real estate investment trusts are investment vehicles where investors can pool their money and distribute it in various real estate investments. They do so through companies that acquire and run real estate assets for their investors. Therefore, you can invest in real estate without directly being involved in asset management.

Most REITs are publicly traded like stocks, which makes them highly liquid (unlike physical real estate investments) and they generate a steady income stream for investors but usually offer little to none in the way of capital appreciation or return. They usually invest in real estate property types, including apartment buildings, cell towers, data centers, hotels, medical facilities, offices, retail centers and businesses and warehouses. Stockholders on REIT earn a share of the income produced without actually having to go out and buy, manage or finance property. About 150 million Americans live in house invested in REITs through their 401(k), IRAs, pension plans, and other investment funds.

How Real Estate Investment Trusts Works

Most REITs operate along a straightforward and easily understandable business model: By leasing space and collecting rent on its real estate, the company generates income which is then paid out to shareholders in the form of dividends. REITs must pay out at least 90% of their taxable income to shareholders—and most pay out 100 %. In turn, shareholders pay the income taxes on those dividends. Mortgage REITs don’t own real estate directly, instead they finance real estate and earn income from the interest on these investments.

REITs historically have delivered competitive total returns, based on high, steady dividend income and long-term capital appreciation. Their comparatively low correlation with other assets also makes them an excellent portfolio diversifier that can help reduce overall portfolio risk and increase returns.

List of Properties one can Invest in REITs

Below are the lists of available properties available for investments in real estate investment trusts. This include what one can invest in while practicing this trust.

• Shopping centers
• Office buildings
• Apartment buildings
• Commercial real estate
• Residential properties
• Single-family homes for rent
• Multi-family buildings
• Shopping malls
• Commercial properties
• Self-storage buildings
• Data centers
• Health care properties

How Many Jobs are Available in REITs

There are approximately 1000-2000 jobs available in REITs depending on the market condition. Below are the lists of jobs positions one can find in REITs.

• Property Manager
• REIT Analyst
• Financial Analyst
• Tax Accountant
• Lease Administrator
• Investor Relations Manager
• Portfolio Manager
• Real Estate Property Appraiser
• Customer Service Representative
• Accounts Payable Manager
• Accounts Receivable Manager
• Regional Director
• Divisional Director
• President
• COO
• CEO

It is worthy to note that salary varies in each of these jobs but note also each coms with its own benefit and

List of Best Paying Job in REITs

Because of the numerous and different work involved in real estate investment trusts, there are quite a number of good paying job in this industry

The highest-paid positions are leasing professionals, portfolio managers, asset managers, and acquisition managers. However, many other jobs in the industry can be lucrative and provide strong upward development potential. Many of the highest-paying jobs in the real estate investment trust industry will require a diploma or technical degree with extensive related experience. Below is a list gotten from PayScale on the best paying job in this industry and their salary.

Job Title                                         Range                     Average

Financial Analyst                            $53k – $86k              $67,455

Senior Accountant                         $69k – $95k              $85,222

Executive Assistant                        $58k – $113k           $72,007

Property Manager                         $47k – $101k           $72,500

Investment Analyst                        $69k – $114k           $75,733

Accounting Manager                     $88k – $102k           $92,829

Corporate Accountant                  $62k – $90k              $79,500

Administrative Assistant               $49k – $60k              $52,135

Asset Manager                                $68k – $132k           $105,000

Internal Wholesaler                       $64k – $76k              $68,204

Data Analyst                                    $50k – $69k              $52,051

Assistant Property Manager       $49k – $71k              $67,657

Portfolio Manager                         $60k – $139k           $72,618

Senior Internal Auditor                 $70k – $80k              $75,943

Real Estate Analyst                        $61k – $82k              $75,294

Graphic Designer                            $56k – $69k              $58,700

Staff Accountant                            $0 – $0 (Estimated *)         $61,300

Content Marketing Manager      $0 – $0 (Estimated *)         $55,955

Executive Administrator                          $0 – $0 (Estimated *)         $70,000

Product Manager, (Unspecified Type) $0 – $0 (Estimated *)         $110,000

Account Manager                                      $0 – $0 (Estimated *)         $62,500

Human Resources (HR) Generalist        $0 – $0 (Estimated *)         $80,000

Fundraiser                                                    $0 – $0 (Estimated *)         $250,000

Fund Accountant                                        $0 – $0 (Estimated *)         $75,000

Finance Manager                                       $0 – $0 (Estimated *)         $110,000

Finance Analyst                                          $0 – $0 (Estimated *)         $55,000

Facilities Manage                                       $0 – $0 (Estimated *)         $70,000

Facilities Coordinator                               $0 – $0 (Estimated *)         $48,000

Legal Counsel                                              $0 – $0 (Estimated *)         $115,000

Investor Relations Director                     $0 – $0 (Estimated *)         $200,000

Interior Designer                                        $0 – $0 (Estimated *)         $46,000

Information Security Engineer               $0 – $0 (Estimated *)         $61,500

Senior Financial Analyst                           $0 – $0 (Estimated *)         $88,750

Office Assistant                                           $0 – $0 (Estimated *)         $34,784

Leasing Agent, Real Estate                       $0 – $0 (Estimated *)         $53,896

Internal Auditor                                          $0 – $0 (Estimated *)         $68,127

Senior Property Manager                        $0 – $0 (Estimated *)         $102,500

Chief Operating Officer (COO)               $0 – $0 (Estimated *)         $220,654

Financial Reporting Manager                 $0 – $0 (Estimated *)         $75,523

Commercial Property Manager             $0 – $0 (Estimated *)         $73,145

Director of Operations                             $0 – $0 (Estimated *)         $64,862

Property Accountant                                $0 – $0 (Estimated *)         $61,042

General / Operations Manager              $0 – $0 (Estimated *)         $60,000

Senior Investment Analyst                      $0 – $0 (Estimated *)         $69,952

Executive Assistant to CEO                      $0 – $0 (Estimated *)         $76,985

Stock Plan Administrator                         $0 – $0 (Estimated *)         $93,000

Vice President (VP), Marketing              $0 – $0 (Estimated *)         $172,994

Marketing Coordinator                            $0 – $0 (Estimated *)         $64,895

Operations Director                      $0 – $0 (Estimated *)         $166,941

Accounts Payable Director          $0 – $0 (Estimated *)         $115,000

Research Analyst                            $0 – $0 (Estimated *)         $48,558

Treasury Analyst                             $0 – $0 (Estimated *)         $61,154

Investment Associate                    $0 – $0 (Estimated *)         $100,000

Payroll Director                              $0 – $0 (Estimated *)         $129,845

Leasing Manager/Property         $0 – $0 (Estimated *)         $63,000

Lease Administrator                      $0 – $0 (Estimated *)         $65,833

Finance Associate                           $0 – $0 (Estimated *)         $90,000

Information Technology (IT) Director   $0 – $0 (Estimated *)         $128,720

Real Estate Development Manager      $0 – $0 (Estimated *)         $125,000

Business Intelligence (BI) Developer                            $92k – $100k           $94,239

Vice President (VP), Information Technology (IT)     $125k – $143k         $138,234

Project Manager, (Unspecified Type / General)        $50k – $151k           $78,050

Vice President (VP), Investments                      $0 – $0 (Estimated *)         $176,150

Executive Director, Non-Profit Organization $0 – $0 (Estimated *)  $210,000

Human Resources Information Systems Specialist (HRIS)$0-$0(Estimated*)$55,448

Information Technology (IT) Operations Manager   $0-$0(Estimated*) $94,714