Working for a local developer
Currently interviewing for a local developer in a southern primary city - residential master plan communities is their "bread and butter" but they do a lot in the commercial space as well (mixed-use, retail, office, multi). The role is an Investment Analyst but is a jack of all trades supporting the acquisitions, development, and asset management teams. They do most of their work in the "suburbs" but also have expanded to other cities/markets within the state, and have plans of possible expansion outside of the state in the future. The firm is run my alumni from my school and has phenomenal culture and mentorship opportunities.
My current role is a first year acquisitions analyst for family shop (1-2B AUM) that focuses on value-add hospitality (yeah I know) across the US. Without turning this into a therapy session, the team and management leave much to be desired, and I think I'm a better fit for a company not focused on one asset type.
Any insight on working for a local developer? How does it compare to working on a national level? Pros/cons to either? Exit ops/skills that can still be transferrable to a more national level company? What is the work like for MPC's?
Really my only concern is being land locked to a few submarkets; however, the flip side is I'm already getting burned out from the travel required for acquisitions across the US, so this could be the solution. Besides that I think it checks the boxes of expanding my current skill set and can give me the tools to open my own gig down the line.
Thanks in advance for any help.
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