Pidgeonholeing

For some of the more experienced guys out there. When do you guys think staying in one asset class (focus on MF, Office, etc...) will limit your exit ops into other sectors. I've been in mf and see a lot of advancement in the space through open roles either through brokerage, Asset Management, etc... but definitely want the option to move out of mf later on but am afraid that staying in mf too long will limit me. Any thoughts?

 
Best Response

I mean yeah it can peg you as a MF guy but if you like MF I wouldn't worry about it. The only property type that I don't think does is office. Generally everyone likes someone with office experience and I think people would be more open to you moving from office to MF than the other way around.

Also, if you're asking about Asset Management roles specifically I think yes IMO you're much more pidgeonholed than an MF acquisitions guy. If you're an MF acquisitions guy the you'll have equity modeling skills and debt experience which are more transferable to another property types. Asset managing an apt and asset managing an office building are completely different skill sets.

 

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