OAKBROOK TERRACE, IL, (May 1, 2012) – Christenson Advisors announced today the results of its 2012 Commercial Real Estate Lending Compensation Survey, which show an increase in compensation, recruiting activity and business activity across the commercial real estate lending industry, when compared to 2011.
The survey assessed organization metrics, compensation program structure and pay levels for leadership positions within executive management, originations, asset management and other key functional areas.
“While we continue to face a bumpy road ahead, we saw an increase in transactional activity last year which, in turn, had a positive impact on the debt side of the business” said Kevin Christenson, founder and managing principal of Christenson Advisors. “Notwithstanding further economic or financial mishaps, we expect to see continued improvement across the commercial real estate lending industry during 2012”.
The average total compensation for chief executive officers at companies with more than $2 billion in assets under management was approximately $3.2 million in 2011, while average total compensation for the same position at companies with $2 billion or less in assets under management was slightly above $1.1 million.
The survey included public and private national companies and commercial real estate lending groups that provide first mortgage loans, bridge loans, preferred equity, joint venture equity, mezzanine financing, senior debt and B-notes, amongst other lending products.
Nearly two-thirds of the participants identified themselves as a commercial real estate lender, while the remaining participants classified themselves as an investment manager with a debt focus. A majority of participants provided higher compensation in 2011 when compared to 2010 and anticipate further escalation in performance year 2012.For results from Christenson Advisors’ 2012 Commercial Real Estate Lending Compensation Survey, or to view other results from surveys conducted by the company, go to http://www.christensonadvisors.com/surveys.
Christenson Advisors is a full service real estate consultancy firm which provides customized, hands-on executive recruiting, compensation consulting, financial advisory and management consulting services to the global real estate industry. The Company was founded in early 2008 and is headquartered in Chicago with satellite offices in Dallas, Los Angeles and New York. CA is a recognized leader in providing creative, strong, and enduring solutions to public and private real estate organizations in an ever-changing market.
Additionally, CA Funds Group, Inc., a sister company of CA, is an SEC registered broker-dealer focused exclusively on providing capital raising and related advisory services to the global real estate industry.
For more information, go to http://www.christensonadvisors.com/.
Contact:
Julie McCartney
509-338-5676
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