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Common Employers
Real estate managers are employed by owners of real estate, either directly or through third-party management firms, and the manager’s job is affected by the type of employer.
Common employers of real estate managers include the following:
- Property management firms and full-service real estate companies - providing management services in exchange for a fee (the insider lingo is "fee managers")
- Developers - overseeing company-owned properties
- Commercial banks - managing their investment portfolios or properties held in trust
- Real estate investment trusts - providing expertise in managing groups of investment properties
- Insurance companies - supervising investment properties directly or through third-party managers
- Mortgage brokerage firms - providing real estate management services for lenders and market investment properties to investors
- Specialty users - managing the real estate assets of the military, government, educational, and religious or other specialty organizations