Real Estate IB & ARGUS
i recently started a SA stint at a real estate IB (firm focuses only on real estate deals) and I was wondering if any of you, particularly those who know anything about RE coverage groups within larger banks such as BBs, are familiar with ARGUS software.
i have access to the software at work and was told that i could play around with it and try to learn RE finance modeling with it with any down time I may have during the day. I will prob play around with it anyway just for the sake of learning more on the job, but is this software used at all in RE groups within larger banks on the street and would knowledge of it be advantageous during recruiting and such in the future?
thanks.
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I know that at MS RE they
I know that at MS RE they use it a bit. Focus of their deals is more macro, and less at the propety level, thus ARGUS is not always necessary. If you are interested in real estate, having a basic knowledge of ARGUS is always a good thing.
No idea about REIB, but
No idea about REIB, but Argus (and sometimes Dyna) is essential at most REPE shops.