Talent
77% of managers pay undergraduate interns $16-$35/h; 53% pay graduate-level interns the same rate
Apr 7, 2025: NAREIM’s survey on internship practices & compensation revealed that nearly four in five real estate investment managers (77%) paid undergraduate interns between $16 and $35 per hour. Over half (53%) of graduate interns were paid the same rate of $16 to $35 per hour.
The survey, conducted between March 7 and March 27, 2025, represents 34 real estate investment manager respondents and over 37,000 FTEs.
Changing the script: Train future leaders beyond the day-to-day technical skills
By focusing on the "missing middle" of mid-career talent - and training future leaders in human skills that go beyond the technical skills needed for day-to-day work, real estate invvestment managers will build a slate of diverse executive leaders. Read the first NAREIM Manager's Perspectives article by Haley Donato, Senior Vice President of Asset Management & Finance at Continental Realty Corporation.
42% of managers expect to be in-office 4 days a week within next year
Mar 5, 2025: 42% of managers will require employees to be in the office four days a week within the next year - up from 25% of firms today. The same trend is seen among managers requiring employees to be in the office five days a week. Today, just 17% of managers have in-office requirements for five days but within a year that will increase to 25%. NAREIM member survey on hybrid work practices.
96% of CRE firms have DEI strategies; firms increasingly focus on scholarships and internships
Almost all commercial real estate firms have diversity, equity and inclusion (DEI) initiatives in place in their organizations, with the number of firms adopting formal strategies increasing 5% year-over-year, according to the third edition of the Global Real Estate DEI Survey released today. Download your complimentary copy of the Survey key trends report now.
DEI Survey 2022 results: Women/PoC up 4% and 8% YoY in North America, respectively
Dec 13, 2022: The Global Real Estate DEI Survey 2022 results have been released revealing the representation of women has increased globally YoY as well as for people of color in North America. DEI programs have also broadened and deepened in CRE YoY.
42% of managers expect to be in-office 4 days a week within next year
42% of managers will require employees to be in the office four days a week within the next year - up from 25% of firms today. The same trend is seen among managers requiring employees to be in the office five days a week. Today, just 17% of managers have in-office requirements for five days but within a year that will increase to 25%. NAREIM member survey on hybrid work practices.
HR: Early Adopters of Generative AI Hacks
October 24, 2024: While 59% of GPs allow everyone in their organizations to use LLM and generative AI from an HR perspective, only 5% have a formal strategy related to how AI is used within the HR function. Takeaways from the 2024 NAREIM Talent Management meeting.
DEI more important than ever, but don't expect ERGs to solve everything
Oct 20, 2023: DEI is one of the most impactful roles that talent and HR leaders play and is critical in today’s high-conflict world, but don't expect ERGs to solve everything for your firm. They need a strategy, executive support and budget.