Titles: Asset Management vs. Acquisitions
I'm an "asset manager" for a small developer where I'm heavily involved through the whole deal (sourcing, underwriting, development, into asset management, managing the back office accountants/Prop managers/admins etc.... Pretty much everything but raising equity. Asset Manager doesn't do my responsibilities justice, and I have some leverage where I can push for a better title. How much more valuable is an Acquisitions oriented title vs. Asset Management one for future employers or doing my own deals in the future?
Doesn't really matter for doing your own deals because you are generally AM/PM/acquisitions combined.
For future, it doesn't matter as long as your resume is tight and explanatory, unless someone is using keyword searches/AI to filter candidates (which isn't that common).
Just add both names.
Call yourself (when interviewing) or ask for title of Director of Investments. You should have all the experiences to talk about.
Take your pick:
- Title of Investments
- Title of Investments and Asset Management
- Title of Acquisitions and Asset Management
I'd lean towards the latter two because most places use Acquisitions/Investments interchangeably, make sure the asset management piece is clear.
i was in the same position as him. pretty much doing AM/PM and acquisitions works and chose the title of Acquisitions and Asset Management which i think works perfectly
Sounds like a fun job, actually. Do you work in a specific asset class? Id be interested in a role like this once I get my masters in RE. I would assume you’re at more of a boutique, correct? How do you enjoy being involved across the CRE investment spectrum? I don’t mean to hijack the thread. I think the above already mentions a great answer to your question.
I’ve seen both AM and Acquisitions called Investments on LinkedIn at this point. Kinda makes sense for AM, you are managing an investment. I’d roll with that.
It doesn't matter at all. Just put both on your resume and make it clear you know your business when you go in for an interview.
This isn't banking or government - titles mean way less than knowledge. Potential employers will want to know your competency, not whatever it says on your business card. Unless, of course, that kind of recognition means something to you. Usually I find people are more concerned about pay and responsibilities than titles, but to each their own.
And it will have no impact in doing your own deals, because even if I'm wrong about the above, I can guarantee you that no lender is going to give the slightest shit about what your title was at your last job when you go in to get financing for your acquisition - they'll want to see what is in the bank, and whether you have the chops to carry out a business plan and not piss away their money
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