Carlton Group is a boutique real estate investment bank. I was doing some due diligence on the company and it seems like a firm a tier below Eastdil or HFF.
What really caught my eye though was the enormous number of anonymous posts on TheRealDeal.com shitpanning the company and its CEO Howard Michaels.
Anyone know the scoop on this company and its leadership?
| +184 | Is my life over after not getting GS? | 36 | 1d | |
| +95 | How to stop feeling like shit for not making it in IB? | 39 | 13h | |
| +53 | Updated LA Banking Scene (2024) | 38 | 1d | |
| +44 | Why Is It Called Investment Banking? | 17 | 1d | |
| +37 | best groups for energy transition? | 32 | 16h | |
| +31 | UBS Actual Buyside Exits 2024 Post-Integration | 9 | 21h | |
| +30 | Got RBC offer but I have cold feet accepting. | 39 | 1h | |
| +27 | Very ridiculous interview feedback | 15 | 1d | |
| +26 | Series 79 Help / Tips to Pass The First Attempt | 9 | 26m | |
| +25 | Cal Poly Slo vs UCSB vs Extra year in community college | 8 | 4d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
http://www.offuhuge.com/files/a-carlton.gif
Sorry...couldn't help myself
Haha, SB for the gif.
bump
They only vaguely ring a bell, if that, but if the "recent transactions" on their site are legitimate, then you'd get great experience working there. Remember that the market is still nowhere remotely near as active as it was in the boom years, so some people are just taking what they can get.
There is someone in my current office that used to be at the Carlton group. He worked on the whole capital stack for the Trump Soho development while he was there, so when times were good they certainly did legitimate deals. Not sure what they are up to these days but in my humble opinion i would say that is a great place to go. Good luck OP.
https://www.glassdoor.com/Reviews/Carlton-Group-Inc-Reviews-E153148.htm
Carlton Group & REIB (Originally Posted: 08/19/2015)
I am going in for an interview with them and would love some "color" on the group and their deals.
Also, I wanted to make sure my equity modeling was up to snuff, as I am coming from brokerage. Are there any websites to take a quick tutorial or pay for a 3 day course. What level of work will a REIB be expecting?
Thank you
Incredible track record and the principals all have strong backgrounds. I hear the culture is terrible though. The chairman is kind of a nutjob and requires you to be pretty much be working all the time. High turnover from what I understand.
I would check BIWS for a model that shows equity-level returns, ideally with a waterfall, and leave it at that. You won't be doing M&A or bond deals, you'll be doing asset-level stuff.
I do know a guy who left a true i-banking job (REIT IPOs, etc.) for Carlton, but I can't say that I know anything about it that you wouldn't know. Clearly they do some pretty sexy deals.
First, thank you both for the comments!
Second, what is BIWS? For modeling I am thinking of taking a KAHR 2-day intensive course. If you think this would be valuable please provide input as I could use the $800 for you know, like bills, or food.
And of course third; since there is terrible culture would their be any good exit opps after a year or two?
Sincerely-me
They've gotten into crowd funding, no? That's VERY interesting coming from a group of that caliber.
I don't get all the hate for crowdfunding on here. It is a pretty easy way to boost your returns, with a relatively cheap source of capital. I think it is only a matter of time before a lot more shops start taking advantage of this.
but do you speak Asian?
https://www.selectleaders.com/candidate/viewjobdetails.do?jid=42168&eid…
That might be the worst job description I've ever read from a real company.
LOL, great description
It's not really crowdfunding anyway. Private offerings to accredited investors. Same old.
I got the offer, any advice regarding the salary and deal split commission. Does anyone know what their deal flow is now.
Can someone give me their opinion on the Carlton Group in NYC (Equity and Debt Placement shop) from rep, comp, exit op, work env (Originally Posted: 10/07/2015)
What does the group think about this NYC outfit? Comp? Value of exp? Exit opps? Work environment? Thanks.
Bumping my old thread guys. If anyone has intel on this NYC group please weigh in.
Mixed reputation, some people have a great respect for the company and the deals they have done. Some people do not have respect for the CEO and his management style. Comp is base with discretionary bonus. Exit opps depend on the deal flow that you get, right now there seems to be significant deal flow on the debt and equity side with Carlton selling an RFR portfolio of office buildings, this was noted in Real Estate Alert. I am not sure what the structure is if you are on the principal side there.
PM me for more info.
Great - thank you CRE-S.
Dolore ullam nisi maxime provident eum. Modi autem corporis non.
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...
Nihil voluptas aut voluptate laudantium est itaque. Dignissimos consectetur quisquam et nulla impedit iure.
Voluptatem est commodi eum ad vel repudiandae cumque. Non necessitatibus odit quisquam. At est sunt est cum temporibus ipsum.
Optio voluptatibus nihil iusto officia aut aspernatur odio. Cupiditate incidunt velit qui iusto consequatur quam. Sunt vel eum eos qui. Corrupti facilis dolor sunt omnis commodi rerum. Non doloremque consequatur deserunt ex aspernatur velit sequi voluptatem. Qui autem voluptas deserunt vel.
Qui totam reprehenderit sapiente qui sed facere quia. Nobis occaecati inventore asperiores vitae odit ad qui.