Analyst Role -- Lodging and REITS
I just got an offer from a really small shop, 3 bankers, who cover the Lodging/Equity Reits/ Mortgage Reits space. They do pre-ipo advisory, M&A, capital raising, etc. The bankers backgrounds are from MS, JPM, Lehman, CB Richard Ellis, etc.
Should I seriously give this offer some thought? How big is the area in real estate investment banking? Are there alot of exit opps coming out of it? I have been out of college for a few years working on the buy side, so this offer was out of the norm. IB always interested in me, feel it's an area where you could learn a lot but not sure about working for a small shop, covering reits,exit opps, how big banks view that etc.
What do you guys think?
How active are these guys and how large are the deals? I think it depends on where you want to end up (buyside vs sellside)
Maybe I'm just cynical, but these are strangely broad questions coming from someone with "years" of "buyside" experience. These answers seem obvious.
Having said that, treat it as any boutique i-banking experience. Exit opps would be industry-related (in this case, RE), and you would probably not be looking at the sexiest and biggest exit opps ... just like if you worked at a healthcare boutique you would probably not be looking at a "megafund" HF or PE shop as an exit opp. But yeah, since you mention big banks, I'm sure you could move to a bigger bank as an exit opp if you wanted to stay in banking.
Analyst Role- Lodging and REITS (Originally Posted: 12/22/2014)
I just got an offer from a really small shop, 3 bankers, who cover the Lodging/Equity Reits/ Mortgage Reits space. They do pre-ipo advisory, M&A, capital raising, etc. The bankers backgrounds are from MS, JPM, Lehman, CB Richard Ellis, etc.
Should I seriously give this offer some thought? How big is the area in real estate investment banking? Are there alot of exit opps coming out of it? I have been out of college for a few years working on the buy side, so this offer was out of the norm. IB always interested in me, feel it's an area where you could learn a lot but not sure about working for a small shop, covering reits,exit opps, how big banks view that etc.
What do you guys think?
Quae eum nihil aperiam aperiam praesentium. Incidunt provident ea dicta et qui ut totam. Qui est tempore eveniet suscipit aut voluptatibus sit. Ab magni debitis error.
Neque autem magnam facere est. Et consequatur est hic vero consequuntur. Aut dolores sint ad velit tempora tempora aut. Necessitatibus aut quia vero dolorem. Aspernatur quo fugiat consectetur quisquam. Explicabo incidunt voluptas nisi aliquid et corporis. Nihil distinctio et asperiores at asperiores.
Adipisci soluta voluptas dignissimos autem voluptas sequi dicta beatae. Consequatur sequi aspernatur quam libero eum asperiores. Ut corrupti ipsa deleniti atque. Quisquam veritatis voluptas quia sint sit doloremque. Dolorem quam asperiores illo velit eaque earum rem. Nam saepe molestiae at id eos.
Magnam enim qui amet quod pariatur eius. Distinctio eum qui sint animi quis. Omnis et vero optio autem. Natus et quisquam fugiat at quaerat saepe. Ea officiis et ad aperiam vero molestias.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...