REITs are viewed as fundamentally strong, though they have weathered recent challenges. We discuss current pay and leadership trends in this sector.
Real Estate Compensation and Leadership Consulting
Our multi-disciplinary approach creates holistic compensation and talent management strategies.
Weathering Real Estate Industry Cycles
The real estate industry is facing tumultuous times brought on by economic uncertainty, a global pandemic, and the resulting turnover and retention challenges. Given the volatility across all geographies and sectors attracting and developing top talent is a high priority. Well-constructed executive compensation strategies that attract, retain, and motivate executives and reward them for performance—and loyalty—is a vital business and talent management strategy in today’s hyper-competitive climate.
BY THE NUMBERS
100+
Years of Industry Experience
400+
Real Estate Clients
500+
Survey Clients
How We Partner with You
Building and rewarding high-performance leadership teams
We are your trusted advisors
We work with you to attract, motivate, and reward your executives for their performance and loyalty—a vital strategy in the real estate industry’s cyclical and hyper-competitive climate.
We bring compensation and leadership experts
Our team of real estate industry experts considers your business strategy, compensation goals, and talent management objectives to develop coordinated programs that will drive your long-term success.
You get tailored solutions
Our team helps you develop the right compensation philosophy, approach to pay plan design, and a related framework for human capital management that can create difference-making leaders.
WHO WE WORK WITH
We help our clients build and reward high-performance leadership teams.
We work with public and private, commercial, and residential organizations across all platforms, including REITs/REOCs, services companies, investment managers, private equity firms, developers, and owner/operators
Approach & Partnership
Understand
your key business drivers and your mission, vision, and organizational culture.
Evaluate
the external environment.
Execute
Core committee responsibilities: compensation, leadership, and communication.
Drive
key outcomes: a high performance leadership culture and exceptional business results.
We help companies in the real estate industry create compensation and leadership strategies that deliver exceptional business results.
Learn how we can help you.
Get in touch with us
WE HAVE THE COMPENSATION DATA YOU NEED
The ability to attract, motivate and retain talent is bolstered by data which can then be translated into valuable, actionable insight. Our National Real Estate Compensation Survey covers nearly 400 companies and provides a clear picture of the competitive landscape. Participants receive compensation data on 160 key positions across all types of commercial and residential real estate companies, as well as detail on board compensation and executive management trends.
Pearl Meyer also manages surveys for three key real estate associations: Building Owners and Managers Association (BOMA), American Seniors Housing Association (ASHA), and the National Affordable House Management Association (NAHMA). Each survey provides member companies with pay detail specific to their market segment.
Meet the Expert
Michael Esser
Managing Director | Los Angeles
Mike Esser is a managing director at Pearl Meyer. Mike has more than 25 years’ experience as an advisor to boards and senior management in executive and board compensation, compensation strategy, and annual and long-term incentive/equity plan design. His consulting experience covers a variety of industries and company organizational and developmental stages, including startup/pre-IPO, privately held, public, cooperatives, and non-profit organizations.
Industry Perspectives
Compensation Trends in Seniors Housing
Advisor Blog
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For firms that can demonstrate a clear path to future professional growth, it can be a buyer’s market for select strategic roles and positions.
NAHMA 2023 Survey: Compensation and Human Capital Trends in Affordable Housing
Article
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The latest industry data show higher than normal base salary increases and broader use of short- and long-term incentives.
Retention and Succession Planning Can Combat the Tight Labor Market in Seniors Housing
Ask the Expert Interview
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Staffing woes in the industry go far beyond the site-level—a strong executive retention program can help provide stability for the future.
REIT Executive Compensation and Talent Management Trends
Ask the Expert Interview
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REITs are viewed as fundamentally strong, though they have weathered recent challenges. We discuss current pay and leadership trends in this sector.
The Importance of Compensation, Retention, and Professional Development in Tumultuous Times
Ask the Expert Interview
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The seniors housing industry has been particularly hard-hit since 2020; here are ideas on rewarding and retaining difference-making talent.
Using Compensation as a Tool to Weather Real Estate Industry Cycles
Ask the Expert Interview
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The seniors housing industry is in a difficult position, but thoughtful executive compensation and talent management can offer a competitive advantage.
Navigating the Turnover Tsunami: Hiring, Training, and Maintaining Real Estate Professionals in 2022
Article
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Here are four key strategies real estate firms are using to address the Great Resignation and build a stronger, more cohesive, and inclusive culture.
ASHA 2021 Compensation Survey Results: Five Key Takeaways
Advisor Blog
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This year’s survey provides a solid indicator of where the seniors housing industry is moving after two tumultuous years.
Strategy-Driven Consulting
We believe in the power of connecting compensation and leadership strategy to help our clients enable and reward individual and organizational success.
Survey and Governance Data
Pearl Meyer is a powerhouse of both survey and proxy data. Our survey team produces over 50 annual compensation surveys and our partner, Main Data Group, offers public company governance and compensation data.