Age range of Analysts at large brokerages (CBRE, JLL, C&W, Eastdil)
Hi everyone,
I am having some difficulty finding answers to the typical age range of Analysts at the top commercial real estate brokerage shops. The CBRE, JLL, and Eastdil's of the world. I am interviewing with one of these shops for a position either in Investment Sales or Debt & Equity placement, but I am a couple years away from turning 30. I have about 3 years in the real estate industry in an analyst capacity, and I recently finished up my master's in real estate finance and investments at NYU Schack. (I studied Accounting in Undergrad).
I have a strong interest in working for a large brokerage and working my way up to production, however it is hard for me to determine if this is the best path, since I also have a strong interest in going to the buy side as either an acquisitions analyst or development analyst. My current position is working for an third party UW service provider to large investment banks, we essentially help them size their loans.
I know many of these firms recruit straight out of university, and while I do not have a problem working with people younger than me, I can't help but think I may be better off looking for a higher position since these are mainly entry-level (most likely on the buy side since in brokerage the analyst position is essentially a prerequisite).
Problem is that the market is really tough right now, I have had quite a few interviews for the acquisitions side that did not make it past the first round. I am constantly told I have good experience and a great culture fit, however there are so many applicants these days and some have a bit more experience on the buy side. (I don't have too much experience on the buy side except for a 6 month internship, and a investment analyst role for a hospitality company that did not own real estate, but master leased buildings).
Any help would be much appreciated, as I am a bit of a loss on the best path to take, and the state of the market is making the decision even more difficult.
I think you should be able to come in as an associate especially on the D/E side. You are definitely above a 1st or 2nd year analyst.
it’d be worth it in some cases on not on others. i think it’s mainly 1-2 year of experience and people out of undergrad as well as random older people mixed in. and for the most part, you progress into production as quick as you integrate into the team and are able to underwrite and understand what’s going on. so if you have experience you won’t start in the same place as an entry level even if the title is the same. most shops will just train someone out of undergrad for the first 6-7 months before they know at all what they’re doing. but i’d also say it’s super brutal rn. if it’s not a top office in a hcol city i wouldn’t do it
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