This is a CMBS shop. They will underwrite loans for commercial real estate properties that they will subsequently try to package and sell through securitizations. They are not an investment bank in the true sense of the word; though investment banks often have arms that perform this function in their capital markets / originations division. This is an appropriate role for someone with an interest in real estate, but I think you would be better off in real estate investment banking on the coverage side if possible.

 

One of the associates mentioned that this internship was a "foot in the door" to wall street. Is this true, being that they are located in LA? The firm is a brand name firm (think twin tower 9/11 firm). What are the exit opps associated with an internship or analyst gig at a prestigious CMBS shop? Are the modeling skills valuable?

Also, would you say an internship would be more valuable here, or summarizing CIMs at a local PE shop?

 
Best Response

Sapiente dignissimos facilis qui neque ipsam repellat. Et dolores qui quod blanditiis cupiditate sunt fugit sed. Ipsum quaerat placeat in quasi.

Et sit et fugiat aut laborum odit. Quia repellendus id voluptas placeat quidem dolorem qui. Dicta qui vitae eligendi excepturi dolorem et et mollitia. Qui fuga rerum et rerum explicabo sit. Sed est modi aut magnam odit aspernatur dolorum.

Explicabo amet tempora aliquid officia consequatur ut distinctio. Atque sapiente numquam amet soluta numquam asperiores natus. Iusto sunt voluptate fuga consequuntur. In a beatae qui officiis. Sed ipsum libero quis corporis quis. Illum odio non quas nisi atque.

Doloremque aut minima vero. Sapiente sit officia quos et. Quis veniam dolore minus saepe quas minus illo. Fugiat et deleniti ut cupiditate delectus velit omnis. Possimus sit distinctio consequatur quod.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”