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220,000 Companies Occupy the $160 Billion Real Estate Brokerage Sector in the US.


DUBLIN Dublin, city, Republic of Ireland
Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River.
, Ireland Ireland, Irish Eire (âr`ə) [to it are related the poetic Erin and perhaps the Latin Hibernia], island, 32,598 sq mi (84,429 sq km), second largest of the British Isles.  -- Research and Markets (http://www.researchandmarkets.com/reports/c35967) has announced the addition of Real Estate Brokerage and Management - Industry Profile to their offering.

Brief Excerpt ex·cerpt  
n.
A passage or segment taken from a longer work, such as a literary or musical composition, a document, or a film.

tr.v. ex·cerpt·ed, ex·cerpt·ing, ex·cerpts
1.
 from Industry Overview Chapter:

The US real estate management industry includes 220,000 individual companies generating about $160 billion in annual revenue. Of these, 60,000 are local real estate brokers, another 50,000 are involved in non-owner property management and appraisals, and the other 110,000 are owner/managers of residential and nonresidential properties, such as apartments, office and retail buildings, shopping malls, theaters, industrial space, assisted living as·sist·ed living
n.
A living arrangement in which people with special needs, especially older people with disabilities, reside in a facility that provides help with everyday tasks such as bathing, dressing, and taking medication.
 facilities, and retirement communities. Only the largest real estate companies, such as Equity Office Properties; Coldwell Banker (a unit of Cendant); and Simon Property Group Simon Property Group, Inc. (NYSE: SPG), also known as SIMON, an S&P 500 company headquartered in Indianapolis, Indiana, is the largest developer of shopping malls in the United States. Simon Property Group, Inc. , have revenues exceeding $1 billion; most companies have annual revenues less than $10 million.

The range size of companies in this very fragmented frag·ment  
n.
1. A small part broken off or detached.

2. An incomplete or isolated portion; a bit: overheard fragments of their conversation; extant fragments of an old manuscript.

3.
 industry is enormous. A large apartment owner such as AIMCO AIMCO Apartment Investment Management Company (Columbus, OH)  manages over 300,000 apartments, while most companies are small and own or manage a single building. Even the largest property owners hold only a small fraction of the total US market, which includes 34 million apartments; 700,000 office buildings; 1.3 million retail buildings; and 2.5 million other commercial buildings. The average size of retail and office properties has not changed significantly in 20 years: 10,000 square feet for retail buildings and 15,000 square feet for office buildings.

Our easy-to-use, quarterly industry profiles provide you with the industry analysis you need to better understand any particular business. We synthesize To create a whole or complete unit from parts or components. See synthesis.  information from hundreds of sources into an easy to digest format, giving you invaluable information about your target market, highlighting critical industry statistics and issues, changes that have taken place since the last quarterly update and key concerns that can have negative or positive impacts on investments. Utilizing the financial and forecasting data while simultaneously learning from educational business overviews can help you and your customers plan more effectively and invest wisely.

Our industry reports will educate your sales team on critical industry trends in target markets, empowering them to create more strategic proposals. These industry reports are also essential for professional organizations that want make savvy, educated business decisions. We provide industry reports that are simple to use and help you understand the most important facets of industry trends and developments.

This profile is updated quarterly. At time of ordering, you will receive the most recent edition.

Topics Covered

Industry Overview

Quarterly Industry Update

Business Challenges

Trends and Opportunities

Call Preparation Questions

Financial Information

Industry Forecast

Website and Media Links

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Publication:Business Wire
Date:Apr 24, 2006
Words:443
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