Real Estate Investment Trusts (REITs) are a company that own, develops, and manages income-producing real estate. REITs allow investors to pool their money and invest in a diversified portfolio of properties. While there are many different types of REITs, they all share one common goal: to generate income for their shareholders. This is typically done by acquiring and operating income-producing real estates assets, such as office buildings, retail centers, apartments, warehouses, and hotels. So, how many jobs are available in Real Estate Investment Trusts? The answer may surprise you.
What are Real Estate Investment Trusts (REITs)?
A REIT is a type of investment vehicle that allows individuals to pool their money together to invest in real estate. REITs can be used to invest in various real estate-related assets, such as office buildings, shopping centers, apartments, and warehouses.
REITs offer several benefits to investors:
- They provide a way for investors to diversify their portfolios. By investing in a REIT, investors can gain exposure to the real estate market without having to purchase property directly.
- REITs offer the potential for high returns. In general, REITs have outperformed the stock market over the long term.
- REITs are relatively low-risk investments.
Because they are diversified and tend to be well-managed, they typically do not experience the same level of volatility as stocks.
Despite these benefits, some risks are also associated with investing in REITs. First, REITs can be vulnerable to interest rate changes because they rely heavily on debt financing. Second, the value of REIT shares can be affected by changes in the overall real estate market. For example, if there is a downturn in the real estate market, the value of REIT shares will also likely decline.
How do Real Estate Investment Trusts Work?
As an investor, you may wonder how real estate investment trusts (REITs) work. A REIT is a company that owns, operates, or finances income-producing real estate. By law, REITs must pay out at least 90% of their taxable income to shareholders as dividends.
There are two types of REITs: equity REITs and mortgage REITs. Equity REITs invest in and own properties (such as office buildings, apartments, warehouses, retail centers, hotels, and self-storage facilities). In contrast, mortgage REITs lend money to real estate owners and operators secured by mortgages on the property.
Both REITs offer investors the potential for high dividend income and long-term capital appreciation. However, they differ in terms of risk and return characteristics. Equity REITs tend to be more volatile than mortgage REITs but offer the potential for higher returns over time. Mortgage REITs tend to be less volatile but provide lower potential returns.
Please consult a financial professional to learn more about how real estate investment trusts work.
How Many Jobs are available in REITs?
Real estate investment trusts (REITs) are publicly traded companies that own, operate, or finance income-producing real estate. REITs can be an excellent way to invest in real estate without buying and managing the property yourself.
By law, REITs must distribute at least 90% of their taxable income to shareholders in the form of dividends. As a result, REITs tend to have high dividend yields. They also tend to be less volatile than the stock market, making them an excellent addition to a portfolio designed for long-term growth.
There are approximately 200 publicly-traded REITs in the United States, with a total market capitalization of over $1 trillion. The largest REIT is Simon Property Group, Inc., which has a market cap of over $50 billion.
The employment situation for REITs is intense. According to the National Association of Real Estate Investment Trusts (NAREIT), as of September 30, 2018, approximately 146,000 full-time employees were working for REITs and their subsidiaries. This is up from around 141,000 employees at the end of 2017.
Types Of Jobs Available In Real Estate Investment Trusts
There are several different types of jobs available in real estate investment trusts (REITs). Below are some examples of the most common types of positions:
Asset Managers: Asset managers oversee and manage the properties owned by the REIT. This includes maintaining the property, collecting rent, and paying expenses.
Property Managers: Property managers are responsible for the day-to-day operations of the property, including tasks such as renting out space, handling maintenance and repair issues, and keeping track of financial records.
Investment analysts: Investment analysts research properties and markets to identify potential investment opportunities for the REIT. They also monitor existing investments to ensure that they are performing as expected.
Finance professionals: Finance professionals handle the REIT’s finances, including preparing financial statements, issuing bonds and other debt instruments, and managing the REIT’s investment portfolio.
Administrative staff: Administrative staff handles various tasks related to running the REIT, such as human resources, accounting, and marketing.
What are the benefits of working in a REIT?
Working in a real estate investment trust (REIT) has many benefits, including the potential for high income, the opportunity to work with a variety of people and properties, and the satisfaction of helping others invest in real estate. REITs typically offer good job security and benefits, and many are publicly traded companies, providing employees with the chance to own stock in the company they work for. REITs can be an excellent way to enter the real estate industry, learn about different aspects of the business, and build a long-term career.
How to get a job in a REIT
There are several ways to get a job in a REIT. The most common way is to apply for a REIT position directly. However, there are other avenues to explore as well.
One option is to look for job postings on significant REIT websites. These postings usually include information about the position, the company, and how to apply.
Another option is to network with people who work in or have connections with REITs. This can be done by attending industry events or connecting with people online.
Finally, another way to get a foot in the door is to intern with a REIT. This will allow you to learn about the industry and potentially land a job after the internship.
What are the two types of real estate investment trusts?
REITs are of two types: equity REITs and mortgage REITs.
Equity REITs provide finance for purchasing physical property and paying rent on that property. These properties are incredibly diverse and can include office buildings, hotels, shopping malls, etc. Equity REITs primarily earn their money from the revenue from these properties.
One type is a mortgage REIT, which seeks to invest in residential and commercial properties. They earn most of their revenue from the interest from their mortgage or mortgage-backed securities investments.
Can you work for a REIT?
Yes, it’s possible to work for a REIT! Some of the highest-paying jobs on this list are those of an asset manager, property manager or investor relations.
In addition to those roles, there are other positions you might be interested in. Support staff members are also needed – HR, Administrators, and Legal jobs are some of the others available in the real estate industry.
If you’re applying for a job in the REIT industry, there’ll likely be finance, accounting, or real estate component to the role. Strong candidates will already earn a bachelor’s degree in finance, accounting or economics.
Although the job market is competitive, there are still plenty of opportunities in the real estate investment trusts industry. With the right qualifications and a willingness to learn, you can find a great career path in this field. So don’t give up hope – keep searching, and you’ll eventually find the perfect position.