I currently have an opportunity at a fully-integrated commercial real estate finance company that provides financing solutions to the real estate capital markets. The company originates underwritten fixed and floating-rate mortgages and mezzanine loans secured by different asset types in most major US markets. Essentially they originate, securitize, and sell these pools of CMBS's. It's a newer group that has strong management, and appears to be growing nicely since every analyst I talked to seemed very excited about the year to come after having a very successful year.
Alittle about myself, I'm coming straight out of undergrad and have donein pwm and ibd. I'm not exactly sure what I want to do other than make good money, and become specialized in an area. Real Estate does interest me, I know the cmbs market isn't what it was in 2007 (1.0 vs 2.0), but cmbs' are clearly products which aren't going anywhere. My main concern is future opportunities, one of the analysts I spoke to said the PE side is always an option but are 's?
I'd love to hear some opinions on CMBS, preferably from guys in/around them. Maybe some stories of guys who were in CMBS pre-2008 and where they are now... Anything that may help me make a decision (my other option is MSF at a top program) would be greatly appreciated!