Career Path: Real Estate Development

“I have learned to evaluate every opportunity offered to me to figure out which one could help me learn and grow the most.” - Thomas Shanabruch’00


Real Estate Developers envision, organize, and execute construction or renovation projects for commercial or private use. Their duties include negotiations with property owners, real estate agents, investors, lending institutions such as banks and insurance companies, architects, lawyers, general contractors, government officials, and other interested parties.

Facts & Figures

Figures taken from GlassDoor and the Bureau of Labor Statistics.

  • Number of Jobs in 2020: 518,800
  • Job outlook: 4% (2020-2030)
  • Starting salary: $84,417/yr
  • Mid-career salary: $128,770/yr
  • Typical Entry-Level Education: High school diploma or equivalent

How to Get Started

  1. Talk with your advisor and/or one of Economics & Business faculty,such as:
  2. Connect with Beloit Alumni in real estate development careers (faculty listed above can help)
  3. Visit Career Works.

Alumni Stories


Soccer, finance and real- estate

As Thomas kickstarts his journey as a soccer athlete with an affinity for Economics and Religious study in Beloit, he walks us down to his professional milestone as the Vice-President of Investments for a major real estate firm in Chicago.


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