Are you looking for a career in real estate investment trusts? If so, you may be wondering how many jobs are accessible in real estate investment trusts. The answer may surprise you! There are plenty of different positions available within real estate investment trusts, including finance, asset management, and operations. Nowadays it is a large and growing industry, there are a lot of positions which are perfect for you. So you can easily start your journey in this field.
There are several benefits of investing in REITs: Let’s discuss them:-
The types of REITs: There are 2 kinds of REITs here:-
(A) Equity REITs: Office REITS, Retail REITS, Residential REITS
(B) MortgageREITS: Agency mREITS, Non-Agency mREITS
Types of jobs role in REITs: If we talk about currently available jobs in Real Estate Investment Trusts then here is a list that we have shared with you. (1) Development Roles: Development manages for building new projects. You can work do project management work in this field. As long as we develop new projects, this role demand working with others to finance the development. (2) Acquisition Roles: Acquisition jobs within real estate investment trusts involve sourcing new investment opportunities. And these roles make sure that deals get cracked. If we talk about the money these roles in REITs pay well. (3) Property Management Roles: If we talk about the scenario the property managers are responsible for organizing the operation of a property – leasing, maintenance, collections, and anything else as required. There are no minimum criteria for becoming a property manager. Ideal candidates include those that can handle various situations and have good project management skills. (4) Asset Management Roles: An asset manager requires to manage all client assets in line with the investment goals and agreed preferences. Asset managers create, organize and maintain client portfolios. (5) Investor Relationship Roles Investor Relations have the responsibility for coordinating and managing all communication with REIT shareholders. If anyone has studied finance or accounting subjects this role can pay well and is ideal for those. In this job role, the investor relations team manages annual meetings and meeting documents, including the annual report and proxy statement. And all this must get done following SEC regulations. Conclusion: The job market for real estate investment trusts (REITs) is in high demand, with plenty of job profiles available. If we talk about the most common jobs, these are in asset management and acquisitions, but there are also different kinds of opportunities in operations, finance, accounting, and law. so you can easily make your career in this field and give the hike of your career.
Infographic Source: https://www.octalsoftware.com/blog/jobs-available-in-reit/