Real estate investment trusts are companies that are owned and handled by real estate businesses in the US. So, if you do not know and want to know the best-paying jobs in real estate investment trusts in USA, read along.
In this article, we will discuss in detail the top 20 best paying jobs in real estate investment trusts in USA and their annual salaries as well. let’s dive in.
Top 20 Best Paying Jobs In Real Estate Investment Trusts In USA
Investment in real estate involves buying, selling, renting or managing homes with the sole aim of making profits. The management of real estate is paramount. Below is the list of the best paying jobs in Real Estate Investment Trusts in USA
- CEO
- CFO
- President
- COO
- CIO
- SVP Asset Management
- SVP Acquisitions & Dispositions
- General Counsel
- CTO
- SVP Human Resources
- Regional Property Managers
- Directors of Real Estate Investments
- Asset Management
- Acquisitions
- Capital Markets
- Investor Relations.
But like most high-ranking professions, these roles offer high salaries, favorable benefits and good opportunities for career advancement. Hence, these jobs demand expertise and excellence in areas like:
- Finance
- Asset management
- Acquisitions
- Legal affairs
- Technology
- Human resources
- And Property management.
1. The Chief Executive Officer (CEO)
The first role is that of the CEO. They oversee the overall operations of the Real Estate Investment Trusts. And they earn about $500,000 to $1 million or more per year.
2. The Chief Financial Officer (CFO)
This is another high paying job. They are responsible for managing all that has to do with the REIT’s financial operations, like:
- Financial planning
- Analysis
- Reporting
- Compliance.
They are believed to earn salaries ranging from $300,000 to over $1 million annually. But this is also dependent on their productivity at the end.
3. President and Chief Operating Officer (COO)
The next on our list is the President/COO. These are in charge of the day-to-day operations of the REIT. They keep the company running on a daily basis, and they are responsible for:
- Managing property portfolios
- Overseeing leasing activities
- The efficient functioning of the company’s assets.
They are said to be earning an average of about $300,000 to over $1 million a year.
4. The Chief Investment Officer (CIO)
The CIO is next on our list. They identify, analyze, and execute investment opportunities that are in accordance with the REIT’s strategic plan. Their office oversees the
- Acquisition
- Disposition
- Management of the company’s real estate assets.
They can earn a yearly salary between $250,000 and $1 million, depending on their experience and the level of success of their investment strategies.
5. Senior Vice President of Asset Management
Asset Management needs more hands; therefore, the Senior Vice President of Asset Management is much more valuable. They are responsible for generally overseeing the performance of the REIT’s property portfolio. They work with property managers and some other team members to:
- Help maximize asset value
- Build best leasing strategies
- And help ensure that properties are well-maintained.
Their salaries are about $500,000 per year.
6. Senior Vice President of Acquisitions and Dispositions
They are responsible for:
- Identifying new investment opportunities
- Executing these new investment opportunities
- And managing the sale of non-core assets.
Furthermore, because they help to ensure that transactions are structured and executed effectively, they work closely with the CIO, legal team and other stakeholders.
They earn salaries worth about $200,000 to over $500,000 annually, depending on the amount of commitment and devotion shown that deserves a recommendable pay increase.
7. General Counsel
The position of general counsel is a well-sought-after opportunity. This is the office in charge of the legal arms of the REIT’s investment. They are responsible for providing legal advice and guidance to the REIT’s executive team and board of directors. They make sure the company’s legal affairs are taken care of, like the
- Contract negotiations
- Regulatory compliance
- Litigation management.
They earn from $200,000 to $1 million annually.
8. Chief Technology Officer (CTO)
Next on the list is the Chief Technology Officer, who is entitled to oversee the technological infrastructure where they function in the making and use of the software systems that;
- Support property management
- Financial reporting
- And some operations.
The CTO works closely with other executives so as to ensure that the technology investments fall in line with what the company has set as goals. Salaries for CTOs in the REIT sector can range from
For a yearly salary, they earn over $200,000 to $500,000.
9. Senior Vice President of Human Resources
HR is the first-hand personnel that interacts with the company’s needs for new staff. They are responsible for finding ways to attract and engage top talents within the REIT. They are in charge of the following:
- Overseeing employee relations
- By adding value to an administration
- Talent development programs
They earn a salary that ranges from $150,000 to over $300,000 per year.
10. Regional Property Managers
The next position is that of regional property manager. Which is responsible for overseeing the day-to-day operations of a section of the general properties that is within a specific geographic region. They are heavily linked to work with;
- On-site property manager
- Leasing agents
- Maintenance teams
- Senior vice president of human resources.
They earn around $100,000 to over $250,000 annually.
11. The Director of Real Estate Investments
Here is another best paying job in real estate investment trusts in USA. They are the ones responsible for checking out potential investment opportunities and trying to align them with the REIT’s strategic plan. They work to evaluate these:
- Properties
- Perform due diligence
- Make recommendations for investment decisions.
They earn about $150,000 to over $250,000 per year.
12. Director of Asset Management
The Director of Asset Management is always assigned to specific sections to oversee particular assets for the company. They closely work with:
- Property managers
- Leasing agents
- And sometimes the maintenance team.
Their salaries can range from about $120,000 to about $180,000 annually, too.
13. Director of Acquisitions
Another office that has much to do with the investment benefits of the REIT is the Director of Acquisitions. They are responsible for identifying and pursuing new investment opportunities for the REIT company. They work to evaluate properties, negotiate contracts and facilitate the acquisition process, alongside the following:
- Senior Vice President of Acquisitions and Dispositions
- Legal team
- Some other stakeholders
They have a salary of about $120,000 to over $180,000 to earn within a year.
14. The Director of Capital Markets
The Director of Capital Markets is another office in the REIT that is responsible for searching for or raising capital for the REIT. They do this through diverse ways, but especially through:
- Debts
- Equities
- Public offerings.
And they earn a salary worth about $180,000 yearly.
15. The Director of Investor Relations
They try to maintain a strong relationship with the shareholders, the analysts and other stakeholders. They are the ones communicating;
- The company’s performance
- The company’s strategy
- Financial results to investors
- Guild the company on investment decisions
- Address any concerns or inquiries.
They earn about $100,000 to over $150,000 per year.
16. Senior Director of Portfolio Management
Next on our list of the best paying jobs in real estate investment trusts in USA, is the Senior Director of Portfolio Management. And their average annual salary is about $120,000 – $200,000
17. The Senior Director of Leasing & Marketing
The Senior Director of Leasing & Marketing has the responsibility of leasing vacant spaces in the REIT’s properties. They
- Promote the properties of the company to potential tenants
- They come up with increasing leasing strategies
- They negotiate lease agreements
- They manage marketing initiatives.
And every year they earn about $100,000 – $180,000
18. Senior Director of Construction & Development
The SDC&D earns a total of about $120,000 – $200,000. They earn within these because they practically oversee the construction, renovation and development of properties within the REIT’s.
19. The Senior Director of Property Accounting & Reporting
The next job is the office of the SDP Accounting & Reporting. They watch over the financial reports and accounting records for the REIT’s properties. They earn an average of $100,000 – $180,000 every year.
20. The Senior Director of Sustainability & ESG (Environmental, Social, Governance)
Lastly, on our list is the SDS & ESG. This office has the responsibility of watching over how to sustain the ESG standards in REITs. And they earn about $200,000 every year.
Conclusion
Hence, note that the best paying jobs in real estate investment trusts industry in USA are very competitive and the need for skilled professionals has increased.
