How Experience in These 7 Industries Can Launch Your Career in Multifamily Real Estate

If you’re eyeing a career in multifamily real estate, you’re stepping into a field that's both dynamic and rewarding. Multifamily real estate involves managing properties like apartment communities and townhomes, combining elements of property management, finance, and community building. The industry is full of opportunities for people of all experience levels and backgrounds.

Here’s Something Cool: Did you know that multifamily real estate makes up nearly 20% of the U.S. housing market? That’s a big deal, and it means there’s a growing need for talented people like you to help shape this thriving industry. If you’re ready to take the next step in your career, this is where you’ll want to be

Wondering how your experience in other fields can give you a head start in multifamily real estate? Here’s how skills from seven key industries can give you the edge you need to succeed:

1. Accounting: With a background in accounting, you bring expertise in financial management, budgeting, and compliance. These skills are invaluable in multifamily real estate, where managing property finances and ensuring profitability are essential. Your ability to handle financial details and create accurate reports will make you a key player in roles focused on financial oversight and property management.

2. Service/Restaurant: Experience in the service or restaurant industry means you excel in customer service and creating exceptional experiences. These skills translate directly into multifamily real estate, where resident satisfaction is paramount. Your knack for engaging with people, organizing events, and delivering top-notch service will help you thrive in roles that focus on enhancing the resident experience and building community.

3. Hospitality: A background in hospitality is a great asset for multifamily real estate. Your experience in guest services and event planning prepares you to create a welcoming environment for residents. You’ll be adept at handling resident needs, organizing community events, and ensuring every interaction is positive. This experience is ideal for roles centered on resident relations and property management.

4. Home Services: If you’ve worked in home services, you’re familiar with maintenance, repairs, and property upkeep. These skills are critical in multifamily real estate, where maintaining the property’s condition and addressing resident concerns are top priorities. Your hands-on experience will be beneficial in roles focused on property operations and ensuring high-quality living standards.

5. Finance: Finance professionals bring strategic insight into managing investments, optimizing financial strategies, and analyzing market trends. In multifamily real estate, these skills are essential for financial planning and investment analysis. Your ability to assess financial opportunities and manage budgets will be crucial in roles involving financial oversight and strategic planning.

6. Design: A background in design gives you a sharp eye for aesthetics and functionality—both crucial in multifamily real estate. Your experience can be invaluable in optimizing property layouts, enhancing building operations, and creating attractive, functional living spaces that draw in and keep residents happy

7. Investment: If you come from an investment background, you bring expertise in evaluating opportunities, managing portfolios, and understanding market dynamics. These skills are highly relevant in multifamily real estate, where investment analysis and property valuation are crucial. Your ability to identify lucrative opportunities and manage investment risks will enhance your effectiveness in roles related to property acquisition and development.

Each of these industries offers a valuable experience that can seamlessly transition into a career in multifamily real estate. Whether you’re leveraging financial expertise, customer service skills, or design knowledge, your background can help you build a successful and fulfilling career in this exciting field. Join the Hawthorne team and become part of a company that values growth, community, and innovation—take a look at our current opportunities on our Careers Page and start your journey with us!