Real Estate Investment Banking/REIT/Real Estate Private Equity Info?CF
So basically, I went to a career highlight today at my school and realized that I might have an interest in the real estate industry. The career highlight was about being a realtor/appraiser which isn't really my thing, but I did a bit of reading and learned about REITs, investment banking in the real estate area, private equity dealing with that, etc. Here are my questions:
1. I'm still a bit confused about REIB and Private Equity in real estate, so can anyone give a general idea of what they do?
2. I go to a non-target, so I was wondering how hard it is to break into these specific groups. Do I need a masters? What are the typical admission standards for the absolute best MSRE programs like Wharton, Columbia, etc.?
3. What is compensation like in this area?