Real Estate Corporate Banking

Does anyone know anything about this position (Dallas and Chicago offices) with regards to pay, culture, and what they actually do and whether a move to REITs or the buy side is possible? I

http://careers.bankofamerica.com/JobDetails.aspx?SearchPage=ASP&Country…

8 Comments
 

You'll just be doing a lot of loans more than anything, so not as prestigious as M&A, but I'm sure you could move to a REIT. Seems like you would learn a ton, given the variety of companies they claim to cover in the posting. No idea about culture or pay, but given that it's corporate banking at BofA in Dallas, I can't imagine it being TOO intense and the pay is probably alright.

 

You'll be just in lending. Its nothing related to IB or equity related transactions so not sure why its listed as IB. If you want to know credit terms, I suggest you look into the basics like LTV, Covenants, DSC, etc. These are the basics any analyst should know.

Array
 

This group also does unsecured loans so you'll want to brush up on your accounting and financial statement knowledge.

 

I am not sure how it is specifically in Dallas, but I've seen a number of project finance departments (real estate divisions in particular) which provide not only purely debt financing but also mezzanine/hybrid financing which involves quazi-equity financing (through affiliated fund or direct investments arm, for example).

So if this is your case, you might be lucky working on some very interesting transactions which are pretty close to even private equity more than investment banking.

 

Dolores quo aut saepe animi adipisci sit. Et iusto nulla maiores quidem. Expedita rerum saepe ullam dignissimos esse dolorem voluptatibus.

Error occaecati fugit consectetur. Est voluptate iste quibusdam molestiae ratione. Quibusdam expedita temporibus molestias adipisci. Officia labore accusamus suscipit at enim. Sint autem totam molestias aut amet mollitia. Voluptas veniam aliquam quia natus.

Non voluptas corrupti perferendis natus fugiat temporibus exercitationem. Qui laborum dolor eligendi dolorem. Corrupti inventore quam accusamus recusandae laborum sapiente. Consectetur suscipit molestiae eos deserunt laboriosam.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (77) $151
  • Intern/Summer Analyst (71) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
DrApeman's picture
DrApeman
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”