If you’re looking for a new career or simply another way to make money, the commercial real estate market might be perfect for you: according to research from IBIS World, there are around 2,344,134 commercial real estate businesses in the United States. Between them, the industry employs an estimated 4,308,177 people. The commercial real estate market offers a unique opportunity for business-minded individuals; however, you may be asking yourself “what is commercial real estate and should I invest in real estate?”
Commercial real estate is property strictly used for business purposes; it typically consists of office space, industrial property, restaurants or retail buildings, or multi-family housing units. A real estate investment trust, or REI, takes advantage of these properties by buying, remodeling, renting, and selling the properties. But how to invest in a REIT, you may ask. The answer is to find an expert who understands the field.
One such expert is Brian L. Katz, President and Chief Operating Officer of American Real Estate Partners. Over the course of his long career, Brian Katz has sold more than 15 million square feet of space and was once one of the top real estate brokers in the Washington, D.C. area. Currently, his company, American Real Estate Partners, focuses on thriving real estate markets on the Eastern Seaboard of the United States. However, instead of selling properties or advising commercial realtors, Katz and his associates act as principals, investing in commercial real estate. Therefore, one of the best ways to enter the commercial real estate market is to become involved with companies like American Real Estate Partners.
So, if you’re wondering how to invest in a REIT, consider your options: you can purchase and market property on your own, or you can join an investment company and work as part of a bigger entity than yourself. But if you really want to thrive, the best way to work in the commercial real estate industry is to work with an expert in a thriving real estate market, continuing a market where profit is available to the right individuals.