The Professionals’ Choice for Real Estate Jobs

Data-Driven-Deals


Data-driven-deals abound. To fund new technology advancements and new shopping “Experiences,” Retail is decreasing its square footage selling off its top floors, or with leasebacks, selling entire buildings to office developers. On the flip side, office sector spaces, especially shared office spaces, are increasing their square footage to include growing communal spaces. The average “seat” increased from 142 square feet in 2016 to 165 today. Seats include workstations, conference rooms, kitchens and living room-style seating areas. Speaking of the flip side, Zillow moved into the house flipping business. Understandably, because our Residential sector faces housing shortages in 22 states and the District of Columbia. Failing to keep up with economic growth in the 15 years since 2000, resulted in a total shortage of 7.3 million housing units. Yet in New York City, Multifamily faces the highest vacancy rates since 1965 in a growing economy, driving rents down. Data may not lie but to increase productivity and profitability the answer may depend on the sector.

About the SelectLeaders Job Barometer

The SelectLeaders Job Barometer, published since 2006, is the foremost survey of employment opportunities, trends, and hiring practices in the commercial real estate industry.

About the SelectLeaders Real Estate Job Network

SelectLeaders powers the Career Centers for 9 premier real estate industry Associations (whose members control or direct 90% of commercial real estate). Jobs are from all sectors and all levels with 29% paying over $100,000. SelectLeaders Job Network offers unequalled access to the Real Estate community. To learn more visit selectleaders.com or visit our Job Network Career Centers: BOMA, CCIM, CREFC, GlobeST.com, NAIOP, NAREIM, NAREIT, NMHC, PREA, Project REAP, ULI, NRHC


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