Starting a thread for multi development comp.
Firm size: Family office of 6 people total with $450MM of multi/BTR under construction
Title: Development Associate
Base: $110k
Bonus: 40%
Deal bonus: $5k per closing rolled into LP equity and $10k per disposition
Forgot to add Years of Experience -
Equity shop transactions analyst: 3 years
Development Associate: 1 year
Market - Sunbelt Major Market
Firm Size - $500MM owned/under development (10 people including some construction-focused)
Experience - 3 years
Title - Associate (Capital Markets/UW Focused)
Base - $120k
Bonus - 50%
Carry - Ability to invest in all deals but no carry for non-partners
Thanks for the response!
I am also on the UW/capital markets side. Do you coordinate architects/engineers/design? And if not, is the next step up at your firm to be in charge of that process?
Also, what are you current hours? I’m working 45-50 on average which is a lot better than the equity firm I used to work at.
Also, is your co invest on the LP or GP side? Do you know when you expect to get true carry in deals?
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