Real Estate, Rental & Leasing Industry Classification Codes (SIC & NAICS)

Real Estate, Rental & Leasing Industry Codes 

Updated: 2025

The Real Estate, Rental & Leasing sector includes establishments primarily engaged in owning, operating, developing, brokering, or leasing real property and tangible assets. This sector covers commercial and residential property operators, real estate agents and managers, appraisers, land developers, real estate investment trusts (REITs), equipment rental firms, and lessors of nonfinancial intangible assets. These classifications support investment analysis, credit and collateral assessment, tax and regulatory reporting, market segmentation, and local economic development. Accurate SIC and NAICS codes ensure consistent rollups for property portfolios, leasing activities, and asset-based risk modeling.

SIC Coverage: Real property activities in SIC 65 (Real Estate) and investment holding entities in SIC 67 (Holding & Other Investment Offices) that primarily own or manage real estate assets.
NAICS Range: 53

How We Determine Industry Coverage:

SICCODE.com assigns industries to this sector when their primary activities involve real property ownership, operation, brokerage, appraisal, development, or leasing of tangible assets and related rights. SIC codes are included when they align with property income, rental and leasing services, or real estate investment functions that correspond to NAICS Sector 53. Purely financial holding companies without identifiable real estate or leasing focus are mapped to financial sectors instead.

SIC vs. NAICS Structure for Real Estate, Rental & Leasing

SIC Structure NAICS Structure
Real estate activities are organized under SIC 65, covering operators of residential and nonresidential buildings, real estate agents and managers, land subdividers, and developers. Selected SIC 67 codes capture holding and investment offices with real estate–oriented asset portfolios. NAICS Sector 53 groups all real estate and rental and leasing activities, including real estate services (531), rental and leasing services for tangible goods (532), and lessors of nonfinancial intangible assets (533).
SIC distinguishes between property ownership and development, brokerage and management, appraisal services, and investment entities such as real estate investment trusts (REITs). NAICS 53 provides detailed industries for property lessors, real estate brokers, property managers, self-storage operators, equipment rental firms, and lessors of trademarks and other nonfinancial rights.
Equipment rental and leasing appears in selected SIC 73 and 75 codes but is often analyzed together with real estate–related leasing for asset-based risk and collateral evaluation. NAICS 532 consolidates rental and leasing of consumer goods, commercial equipment, vehicles, and machinery, complementing property-based real estate activities in 531.

Major SIC Subsectors (Linked to Official 2-Digit Pages)

Representative SIC Codes Within Real Estate, Rental & Leasing (Linked)

NAICS Structure Within Real Estate, Rental & Leasing (Linked)

Under SIC, real estate activities and investment offices are organized around property ownership, development, and management, with separate codes for operators of buildings, real estate agents, land developers, and REITs. NAICS Sector 53 consolidates these activities and expands coverage to include equipment rental and leasing and the leasing of nonfinancial intangible assets such as trademarks and brand rights. Together, SIC and NAICS structures support detailed analysis of property income streams, capitalization rates, collateral quality, lease portfolios, and asset-based lending exposures across residential, commercial, industrial, and specialty real estate markets.

Insights & Research for Real Estate, Rental & Leasing

Property Portfolio & Market Segmentation

Classification data separates residential, office, retail, industrial, hospitality, and specialty properties, supporting portfolio analysis, location strategy, and investment comparisons.

Leasing, Collateral & Credit Risk Assessment

Lenders and investors use SIC & NAICS codes to evaluate collateral types, lease structures, and exposure across property-owning entities, REITs, and equipment lessors.

Development, Land Use & Entitlement Analysis

Codes for land subdividers, developers, and project sponsors help track pipeline activity, entitlement trends, and regional growth patterns in housing and commercial real estate.

Professional Services & Transaction Support

Real estate agents, property managers, appraisers, and title offices rely on accurate classification for licensing, professional designation, referral networks, and compliance with state and federal regulations.

How These Classifications Are Used

Real Estate, Rental & Leasing SIC and NAICS codes are used by lenders, investors, REITs, brokers, property managers, regulators, tax authorities, insurers, and researchers to categorize entities by property type, leasing activity, and asset profile. They support underwriting and credit decisions, regulatory and capital reporting, tax assessment and appeals, land use planning, valuations, and market studies. Accurate classification ensures that property records, portfolio analytics, and regulatory filings reflect the true nature of real estate and leasing activities.

Get Help With Real Estate & Leasing Classification

If you need assistance identifying the correct SIC or NAICS code for a property-owning entity, real estate brokerage, property management firm, REIT, or equipment rental company, our classification specialists can review asset portfolios, income sources, and operating models to confirm the proper classification for lending, investment, and reporting.

Related Classification Clusters

Reviewed and verified by the SICCODE.com Expert Review Team.

Additional Resources