Commercial RE...Is it worth it? Serious Advice Needed Please
I received an offer to do an 8-month coop in Commercial Real Estate. This coop will delay my graduation for a semester and it will also require me to incur relocation expenses (and rent) in order to move to the middle of no where for a job that pays peanuts (not even $15 an hour.) They have various groups including asset management, underwriting, acquisitions. I'm willing to make the sacrifice, if when I do graduate I can land a ft ib offer. Is it worth being set back a year for this position? Also, I can request a group to work in, which group would provide me with the most transferable skill-set? I'm from a non-target state school w/ a 3.5 gpa. Thanks in advance for any advice.
The only group that will help you would be acquisitions. You do a lot of modeling, but the type of modeling does vary from the type you would do in IB.
I can't imagine a no-name commercial RE group would help you enough to sacrifice a year. Perhaps you could leverage it into a BB RE IB group via networking, but if you're actually interested in real estate, the buy-side is DEFINITELY where you should be.
well they are a fortune 500 company so I wouldn't say they are completely no-name. thanks for the response.
Iowa???
no, i think iowa might be considered a popping place compared to where I could potentially be at. regardless, location doesn't matter to me. its just deciding whether or not the opportunity is worth it.
Wisconsin? That's a pretty dead state.
********"Babies don't cost money, they MAKE money." - Jerri Blank********
Wisconsin could be pretty awesome - Madison and Milwaukee are pretty sweet. The rest (that I've seen) pretty much blows.
My guess....Alabama. WORST. STATE. EVER.
anyone ever drive to Florida through Alabama?
Don't they have those dreaded "dry" counties?
********"Babies don't cost money, they MAKE money." - Jerri Blank********
any actual insight?
sorry to jack the thread but no dry counties in Wisco, atropolation. Plus plenty of moonshine up north. I said Iowa b/c prudential RE is a huge player but in the middle of des moines. Good guess though.
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