Industry News

Developers shop for real estate grads

USC Lusk Center reports industry giants offering $100,000 salaries to top students

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This spring is prime shopping season for real estate developers and finance firms seeking graduate students steeped in real estate education and training, according to a new survey released by the USC Lusk Center for Real Estate. Citing an improved real estate market, the Lusk Center's Peter Gordon, Ph.D., said the number of employers contacting the center about University of Southern California graduate students in real estate finance, development, planning, public policy and construction has jumped 70 percent from this time last year. "Firms are not only inquiring, they're hiring," said Gordon, director of the Master of Real Estate Development program at USC. Already employers have signed up 18 of the 80 graduating real estate students, who won't have their master's degrees until May. "The industry's biggest players are offering salary and bonuses in the $100,000 range to secure top grads," Gordon reported. "They can't always predict when the next opportunity will come along, but ...