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.

 

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.

 
kjl:
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.

--- man made the money, money never made the man
 
Best Response
mr1234:
kjl:
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 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.

--- man made the money, money never made the man
 
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.

--- man made the money, money never made the man
 
mr1234:
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.

 

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!

 
small:
I have an interview with them in the next couple of days. But I am not sure what types of questions they are going to ask, like real estate valuation, etc? Anyone had interview experience with them before? many thanks!

How did your interview go? I know you didn't get much feedback but was hoping you could help a fellow noob monkey out. Did you end up getting the offer? I am interviewing for an analyst position of their investment group. I've already done a phone interview with one of their VP's and now they have invited me to the office for a second round... Anything would be much appreciated.

Thanks

 

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