Women find more opportunities in commercial real estate

New York /
Jul.July 28, 2011 08:40 AM
Mary Ann Tighe, CEO at CB
Richard Ellis

Women are increasingly finding professional opportunity in commercial real estate, according to a study commissioned by Commercial Real Estate Women and administered by the Cornell University program for real estate, Real Town reported.

There was a 7 percent increase in the number of women entering professions related to commercial real estate between 2005 and 2010, the report shows. Overall, more women in commercial real estate, about 11 percent in 2010, are earning between $100,000 and $250,000 per year. That’s a jump from only 8 percent in that bracket in 2005. In 2010, 31 percent of men were receiving that degree of compensation, down from 34 percent in 2005.

The number of women reporting less than $75,000 in compensation dropped from three times the number of men, to only twice the number.

Women are also taking top roles in the industry. Overall, 9 percent of females reported holding a C-suite position such as president, CEO, CFO or COO, compared to 22 percent of males. Mary Ann Tighe, CEO at CB Richard Ellis, is one example. [Real Town]


Related Articles

arrow_forward_ios
Mustang, Texas is now owned by billionaire Mark Cuban. (J Elmer Turner Realtors, Inc.)
Mark Cuban buys a Mustang (well, a town called Mustang) in Texas
Mark Cuban buys a Mustang (well, a town called Mustang) in Texas
Rendering of Inspire Entertainment Resort (Mohegan Gaming & Entertainment)
Mohegan Gaming completes financing for first phase of South Korea project
Mohegan Gaming completes financing for first phase of South Korea project
Taconic, Nuveen pay $70M for UES office building
Taconic, Nuveen pay $70M for UES office building
Taconic, Nuveen pay $70M for UES office building
Almost half of NYC buildings received either a D or F grade (Getty)
48% of NYC buildings fail on energy efficiency
48% of NYC buildings fail on energy efficiency
Durst Organization Chairman Douglas Durst and Port Authority Chairman Kevin O’Toole (Getty, O'Toole Scrivo)
1 WTC set for $700M refinancing
1 WTC set for $700M refinancing
Dollar General to open 1k stores aimed at wealthier, more suburban shoppers
Dollar General to open 1k stores aimed at wealthier, more suburban shoppers
Dollar General to open 1k stores aimed at wealthier, more suburban shoppers
(Facebook via The Palms Hotel Fire Island)
Fire (Island) sale: Palms Hotel hits the market
Fire (Island) sale: Palms Hotel hits the market
Trump International Hotel D.C. and Donald Trump (Getty, Trump Hotels)
Trump could profit $100M in DC hotel sale
Trump could profit $100M in DC hotel sale
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...