Mind reading requirements for real estate private equity?

Currently in banking, but looking to move over to real estate PE, preferably in multifamily.

Not sure if it’s just my firm (or banking in general) but the hardest part of my job is trying to read the mind of my MD. Asking for clarification often results in passive aggressive comments or belittling.

Ik culture depends on the firm, but what is the temperature of the industry in general? Apologies for being a novice, but I just want to know a little more about the culture of the industry. In other words, would like to work for someone who I look up to personally AND professionally. Is this the right way to look at my career path?

 
Most Helpful

Less to do with industry and more who you work with and for. I’ve worked for amazing people and ass*oles in real estate. It sounds like you just have a mean MD. When searching for your next role, try to focus on fit and look for a team of nice people. It’s hard to suss out in an interview, but go with your gut. Sometimes you get an idea. And FYI this applies across the whole working world. Sometimes you work with good people and sometimes bad. 

 

Excepturi et odit laborum et repellat necessitatibus. Dignissimos id reprehenderit repudiandae suscipit libero dolorem illum ad. Optio totam tempora quod commodi iste.

A repellat debitis harum eos. Eum nisi eligendi magnam enim ut rerum doloremque libero. Voluptas nisi culpa tempore sint.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”