{"id":1004743266,"date":"2025-01-15T03:53:47","date_gmt":"2025-01-15T11:53:47","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004743266"},"modified":"2025-01-22T05:38:26","modified_gmt":"2025-01-22T13:38:26","slug":"cre-compensation-hiring-trends-what-to-expect-this-year","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cre-compensation-hiring-trends-what-to-expect-this-year\/","title":{"rendered":"CRE Compensation, Hiring Trends: What to Expect This Year"},"content":{"rendered":"\n

More than three times as many commercial real estate firms say they plan to increase hiring in 2025 than those that will decrease staff, according to a new Ferguson Partners survey.<\/p>\n\n\n

\n
\"Lisa<\/a>
Lisa Flicker, Senior Managing Partner & Head of Real Estate Group, Jackson Lucas. Image courtesy of Jackson Lucas<\/em><\/figcaption><\/figure><\/div>\n\n\n

The talent management and strategic advisory firm added that executive hiring increased \u201csubstantially\u201d during the last two months of 2024, its latest real estate compensation and hiring pulse survey showed.<\/p>\n\n\n\n

These results came from Ferguson\u2019s data collection between October and November last year regarding 170 public and private real estate companies.<\/p>\n\n\n\n

The results indicated modest salary increases of between 3.2 percent and 3.4 percent across employee levels and limited changes to bonus pools. Some 80 percent of public companies expect to raise salaries, while 54 percent expect to increase salaries for executive management. Mid- to junior-level positions will receive the most increases.<\/p>\n\n\n\n

Those promoted are anticipated to average an 8.7 percent boost in salary.<\/p>\n\n\n\n

The office and industrial sectors are forecast to perform worst in hiring and salary increases among all sectors.<\/p>\n\n\n\n

\u2018Undeniable resilience\u2019 in hiring market<\/h2>\n\n\n\n

“Today\u2019s hiring market is robust, and its resilience is undeniable,\u201d Lisa Flicker, senior managing partner, Jackson Lucas, told Commercial Property Executive<\/em>.<\/p>\n\n\n\n

\u201cWe are seeing confidence and certainty in the market that was truly missing last year,\u201d Flicker said. She added that the boost has been driven largely by the relief that the election is over, and investors feel the shaky ground has steadied. Combined with a gangbuster December jobs report and the favorable dynamics across other sectors, real estate is poised for a great 2025.<\/p>\n\n\n\n

\u201cOur real estate executive talent advisory practice sees strong hiring plans in particular realms. Although borrowing rates remain stubbornly high<\/a>, sellers have adjusted their expectations, and demand for top development and acquisition leaders has made a comeback.\u201d<\/p>\n\n\n\n

While hiring for C-suite and leadership roles continues to be extremely selective, Flicker sees many opportunities in investments and operations opening. \u201cOverall, there\u2019s a very positive outlook for the hiring market, and the story just keeps getting better.”<\/p>\n\n\n\n

\n\n\n\n

READ ALSO<\/strong>: For REITs, More Bright Spots Ahead in \u201925<\/a><\/p>\n\n\n\n

\n\n\n\n

For example, Open Impact Real Estate said it plans to expand its team by 15 percent this year.<\/p>\n\n\n\n

Open Impact Real Estate uses a salary bonus model in an otherwise commission-driven industry \u201cto build a diverse team driven by excellence and passion for impact,\u201d Stephen Powers, its co-founder, told CPE<\/em>.<\/p>\n\n\n\n

Crexi continues to invest in research and development to offer customers high-value solutions.<\/p>\n\n\n\n

\u201cWe are hiring engineers to drive innovation and enhance our product offerings,\u201d said Suzanne Harrison, head of talent acquisition at Crexi.<\/p>\n\n\n\n

Crexi is hiring account executives to help scale its customer base and grow in new markets.<\/p>\n\n\n\n

\u201cWith more account executives, we can increase our reach, build stronger customer relationships, and ensure sustainable growth,\u201d Harrison added.<\/p>\n\n\n

\n
\"tere<\/a>
Tere Blanca, Founder & CEO, Blanca Commercial Real Estate. Image courtesy of Blanca Commercial Real Estate<\/em><\/figcaption><\/figure><\/div>\n\n\n

Blanca Real Estate has upped its hiring to bring more diversity to its service lines.<\/p>\n\n\n\n

\u201cWe offer competitive salaries and compensation packages aligned with experience and performance,\u201d Tere Blanca, founder & CEO of Blanca Real Estate, told CPE<\/em>.<\/p>\n\n\n\n

\u201cWe also offer attractive benefits, bonus and incentives programs for employees and brokers,\u201d Blanca said. \u201cI take great pride in the team that we have built and recognize that everyone plays a role in our collective success and therefore believe in rewarding our team both financially and through career growth opportunities.\u201d<\/p>\n\n\n\n

Real estate amenity supplier WithMe said it is increasing its workforce by 30 percent to match its growing demand, offering a 5 percent average compensation increase to reflect CPI growth, according to its CEO, Jonathan Treble.<\/p>\n","protected":false},"excerpt":{"rendered":"

Here\u2019s the latest update on salary increases and recruitment, according to Ferguson Partners’ new survey. <\/p>\n","protected":false},"author":3568,"featured_media":1004714786,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21808,23891,21742,21785,37749,51037],"tags":[52543,52419,51588],"class_list":["post-1004743266","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-national","category-latest","category-property-management","category-research-center-cpe","category-trends","tag-ferguson-partners","tag-jackson-lucas-2","tag-open-impact-real-estate"],"acf":[],"yoast_head":"\nCRE Compensation, Hiring Trends: What to Expect This Year - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Three times as many commercial real estate firms plan to increase hiring in 2025 than those that will decrease staff, a Ferguson study shows.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cre-compensation-hiring-trends-what-to-expect-this-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CRE Compensation, Hiring Trends: What to Expect This Year\" \/>\n<meta property=\"og:description\" content=\"Three times as many commercial real estate firms plan to increase hiring in 2025 than those that will decrease staff, a Ferguson study shows.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cre-compensation-hiring-trends-what-to-expect-this-year\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-15T11:53:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-22T13:38:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/05\/Lisa-Flicker.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"418\" \/>\n\t<meta property=\"og:image:height\" content=\"314\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Richard Berger\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cre-compensation-hiring-trends-what-to-expect-this-year\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/cre-compensation-hiring-trends-what-to-expect-this-year\/\",\"name\":\"CRE Compensation, Hiring Trends: What to Expect This Year - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cre-compensation-hiring-trends-what-to-expect-this-year\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cre-compensation-hiring-trends-what-to-expect-this-year\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/05\/Lisa-Flicker.jpeg\",\"datePublished\":\"2025-01-15T11:53:47+00:00\",\"dateModified\":\"2025-01-22T13:38:26+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6d4c5f1b2f682b3604ad9fe73c19fed7\"},\"description\":\"Three times as many commercial real estate firms plan to increase hiring in 2025 than those that will decrease staff, a Ferguson study shows.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cre-compensation-hiring-trends-what-to-expect-this-year\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/cre-compensation-hiring-trends-what-to-expect-this-year\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cre-compensation-hiring-trends-what-to-expect-this-year\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/05\/Lisa-Flicker.jpeg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/05\/Lisa-Flicker.jpeg\",\"width\":418,\"height\":314,\"caption\":\"Lisa Flicker, head of real estate group, Jackson Lucas\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cre-compensation-hiring-trends-what-to-expect-this-year\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CRE Compensation, Hiring Trends: What to Expect This Year\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6d4c5f1b2f682b3604ad9fe73c19fed7\",\"name\":\"Richard Berger\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bf9a97027a74b606d01db57720228242e692d3db9d827930b02ed8baaf3623a4?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bf9a97027a74b606d01db57720228242e692d3db9d827930b02ed8baaf3623a4?s=96&d=mm&r=g\",\"caption\":\"Richard Berger\"},\"description\":\"Richard Berger has 20+ years of experience covering commercial real estate for various media sites and CRE-related associations. He lives in Northern Virginia.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/richardberger\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"CRE Compensation, Hiring Trends: What to Expect This Year - Commercial Property Executive","description":"Three times as many commercial real estate firms plan to increase hiring in 2025 than those that will decrease staff, a Ferguson study shows.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/cre-compensation-hiring-trends-what-to-expect-this-year\/","og_locale":"en_US","og_type":"article","og_title":"CRE Compensation, Hiring Trends: What to Expect This Year","og_description":"Three times as many commercial real estate firms plan to increase hiring in 2025 than those that will decrease staff, a Ferguson study shows.","og_url":"https:\/\/www.commercialsearch.com\/news\/cre-compensation-hiring-trends-what-to-expect-this-year\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2025-01-15T11:53:47+00:00","article_modified_time":"2025-01-22T13:38:26+00:00","og_image":[{"width":418,"height":314,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/05\/Lisa-Flicker.jpeg","type":"image\/jpeg"}],"author":"Richard Berger","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/cre-compensation-hiring-trends-what-to-expect-this-year\/","url":"https:\/\/www.commercialsearch.com\/news\/cre-compensation-hiring-trends-what-to-expect-this-year\/","name":"CRE Compensation, Hiring Trends: What to Expect This Year - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/cre-compensation-hiring-trends-what-to-expect-this-year\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/cre-compensation-hiring-trends-what-to-expect-this-year\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/05\/Lisa-Flicker.jpeg","datePublished":"2025-01-15T11:53:47+00:00","dateModified":"2025-01-22T13:38:26+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6d4c5f1b2f682b3604ad9fe73c19fed7"},"description":"Three times as many commercial real estate firms plan to increase hiring in 2025 than those that will decrease staff, a Ferguson study shows.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/cre-compensation-hiring-trends-what-to-expect-this-year\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/cre-compensation-hiring-trends-what-to-expect-this-year\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/cre-compensation-hiring-trends-what-to-expect-this-year\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/05\/Lisa-Flicker.jpeg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/05\/Lisa-Flicker.jpeg","width":418,"height":314,"caption":"Lisa Flicker, head of real estate group, Jackson Lucas"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/cre-compensation-hiring-trends-what-to-expect-this-year\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"CRE Compensation, Hiring Trends: What to Expect This Year"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6d4c5f1b2f682b3604ad9fe73c19fed7","name":"Richard Berger","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bf9a97027a74b606d01db57720228242e692d3db9d827930b02ed8baaf3623a4?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bf9a97027a74b606d01db57720228242e692d3db9d827930b02ed8baaf3623a4?s=96&d=mm&r=g","caption":"Richard Berger"},"description":"Richard Berger has 20+ years of experience covering commercial real estate for various media sites and CRE-related associations. He lives in Northern Virginia.","url":"https:\/\/www.commercialsearch.com\/news\/author\/richardberger\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/05\/Lisa-Flicker.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004743266","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/3568"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004743266"}],"version-history":[{"count":10,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004743266\/revisions"}],"predecessor-version":[{"id":1004743958,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004743266\/revisions\/1004743958"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004714786"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004743266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004743266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004743266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}