Industry News

Real estate worker demand strongest in Southeast, Midwest

Development, construction, sales/marketing positions for hire, survey finds

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A survey of about 150 real estate companies, conducted by a corporate advisory firm, found a strong demand for new residential real estate workers in the Southeast and Midwest United States. "Commercial mortgage sector hiring is strongest in the Northeast; commercial ownership/services firms are most active on the West Coast, and single-family residential firms are experiencing the most activity in the Southeast and Midwest," reported FPL Advisory Group, which provides corporate and managerial advisory services to the real estate, financial services and related industries. The survey was divided into three groups: Commercial mortgage finance, which includes commercial mortgage-backed securities firms, commercial mortgage banks, insurance companies, and commercial banks; commercial ownership/services, which includes private developers, REIMs, REITs/REOCs, commercial brokerage firms, private equity investors, and REIT securities firms; and single-family residential, which includes home...