Traditional buyout to REPE

Not too familiar with RE space but feel the knowledge is very entrepreneurial and have had a growing interest in the space. I know RE is very different than other traditional businesses since it’s not EBITDA driven. How common is it that someone with traditional buyout experience in asset light industries l transitions to a real estate PE gig? How much would it help if that person (myself) came from a strong IB group at a top firm and top PE firm if they were both non RE? Would I have to start from year 1 associate if I wanted to move to a top fund? I’ve seen posts of people going from RE to buyout but not much info the other way around. Any data points or advice is highly appreciated. Thanks!

 
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