CIM Group Information
IB
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(Senior Baboon, 189
Points)
on 4/5/10 at 2:14am
Hey guys, I have a phone interview coming up with the CIM Group, anyone have any info on what I should expect ? I don't have a RE background.





I had a final round in LA,
I had a final round in LA, but I couldn't make it because of many exploding offers.
I thought this would be a very interesting position tho, real estate PE. In general, my interview was all fit, since I clearly had modeling experience, I was not tested on it at that time. I'm sure it could be more technical in the final round.
Thanks a lot PA. Any more
Thanks a lot PA. Any more info on their strategy ? I can't get their damn website to open for some reason.
CIM likes to hire ex-bankers
CIM likes to hire ex-bankers and is full of ex-bankers (vs. RE-types). They love financial modeling experience and will probably grill you on it if you don't have extensive financial modeling experience.
Strategy-wise, they typically "underwrite" areas or regions and then go all in. They own a ton of stuff in Hollywood of all different product types. Strictly urban infill players.
Thanks kjl
Thanks kjl
kjl wrote: CIM likes to hire
CIM likes to hire ex-bankers and is full of ex-bankers (vs. RE-types). They love financial modeling experience and will probably grill you on it if you don't have extensive financial modeling experience.
Strategy-wise, they typically "underwrite" areas or regions and then go all in. They own a ton of stuff in Hollywood of all different product types. Strictly urban infill players.
i was just about to reply saying the same thing, cim group is failed ibankers trying to make it in re investing. but i couldnt tell you what to expect in the interview.
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man made the money, money never made the man
mr1234 wrote: kjl wrote: CIM
CIM likes to hire ex-bankers and is full of ex-bankers (vs. RE-types). They love financial modeling experience and will probably grill you on it if you don't have extensive financial modeling experience.
Strategy-wise, they typically "underwrite" areas or regions and then go all in. They own a ton of stuff in Hollywood of all different product types. Strictly urban infill players.
i was just about to reply saying the same thing, cim group is failed ibankers trying to make it in re investing. but i couldnt tell you what to expect in the interview.
I thought the whole point of Real Estate IB, and IB in general, was to exit to a Buyside RE Shop.
did you mean ANY buyside shop
did you mean ANY buyside shop in general? dont know why you would want to limit yourself to just buyside real estate if your coming out of corp ib.
in any case, definitely not. that depends on your career goals. honestly, your career growth is pretty limited in the re finance field in contrast to your career prospects coming out of corp ib. if i were you, and assuming you were a corp ib analyst, i would be concentrating on jobs typical of post ib analysts, the typical buyside stuff. you will make more money in corp buyside bc its significantly larger than the re investing business.
and i am not sure if that was sarcastic comment or not, but i am going to take it as you being serious. not saying this to deter you from re finance/investing. but do it bc you are very much interested in the business, not bc its what you think you should be doing after your 2 yr stint in ib or bc you think it will be just as lucrative as vanilla pe.
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man made the money, money never made the man
Well, what I meant was if
Well, what I meant was if you're in IB, whether Re or Corp, your ultimate goal is usually buyside isn't it ? So that's why I was confused as to why you were downgrading REPE below RE IB.
anyways, I spoke with them and their program seems to be 2 and out, which I'm not sure I want to do at this point in my career.
2007Grad: I was interviewing
2007Grad:
I was interviewing for an analyst position there. I assume you are interviewing for Pre-MBA Associate?
2007Grad wrote: Well, what I
Well, what I meant was if you're in IB, whether Re or Corp, your ultimate goal is usually buyside isn't it ? So that's why I was confused as to why you were downgrading REPE below RE IB.
anyways, I spoke with them and their program seems to be 2 and out, which I'm not sure I want to do at this point in my career.
not really knocking down repe. i just want you to be aware that if you take a job in repe, you may be pigeonholed in commercial real estate AND your career exit options wont be as 'sexy' if you were to stick to the typical corp ib/buyside track. and also that a career in repe probably wont lead to a career in vanilla pe/corp buyside. especially bc cim group isnt repe like blackstone/carslyle group. personally, i had to learn this the hard way.
good luck either way.
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man made the money, money never made the man
mr1234 wrote: 2007Grad
Well, what I meant was if you're in IB, whether Re or Corp, your ultimate goal is usually buyside isn't it ? So that's why I was confused as to why you were downgrading REPE below RE IB.
anyways, I spoke with them and their program seems to be 2 and out, which I'm not sure I want to do at this point in my career.
not really knocking down repe. i just want you to be aware that if you take a job in repe, you may be pigeonholed in commercial real estate AND your career exit options wont be as 'sexy' if you were to stick to the typical corp ib/buyside track. and also that a career in repe probably wont lead to a career in vanilla pe/corp buyside. especially bc cim group isnt repe like blackstone/carslyle group. personally, i had to learn this the hard way.
good luck either way.
Can you elaborate further a little bit ? PM me if necessary.
i dont know if i could
i dont know if i could elaborate further than that. the rest is up to you.
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man made the money, money never made the man
Hi, sorry to interrupt here.
Hi, sorry to interrupt here. Do you know if CIM group promotes upward mobility within the same company? I am acquiring an entry level assistant type of job within their RE department, but really want to become a RE analyst...so any thoughts on that? thank you!