Brokerage in DC

Hey everyone, I'm an upcoming grad at a school in Baltimore and have IS brokerage experience (internship) in NYC already. I realized I don't think I would enjoy living in NY the rest of my life/building a brokerage career in the city so I'm strongly considering pursuing my career in the Washington DC/Maryland area after graduation. Can anyone give me insight to working in the DC market? Any boutique firms/ submarkets I should look into? 

Any advice/insight would be super helpful for this decision! Thank you.

 
Most Helpful

Depends on what asset class you want to focus on. I can share some general insight. If you want to do multifamily IS, then CBRE has an excellent team up there, I think they have the majority market share, retail IS tends to be fairly competitive among multiple players, office IS was primarily done by HFF which is now JLL. However, there are still plenty of firms with a presence. The office market is extensive in the DC area especially when you get into NoVa. Really it just comes down to what asset class you want to specialize in. Theres plenty of business to go around in brokerage in that area, but some firms have a big presence there.

Array
 

what kind of brokerage? David Webb's structured finance team at CBRE owns the financing brokerage/structured finance market in DC by a country mile. Leasing landlord rep, CBRE and JLL both have strong teams led by young guys (Klug/Cavanaugh at CBRE, Evan Behr/Doug Mueller JLL). Office investment sales is a strong suit for a number of groups. 

 

Ricky Rosay

what kind of brokerage? David Webb's structured finance team at CBRE owns the financing brokerage/structured finance market in DC by a country mile. Leasing landlord rep, CBRE and JLL both have strong teams led by young guys (Klug/Cavanaugh at CBRE, Evan Behr/Doug Mueller JLL). Office investment sales is a strong suit for a number of groups. 

Honestly the part about Webb's team really isn't true at all. He does well, but Eastdil and JLL (Formerly HFF) have done more in volume in every ranking I have seen.

Array
 

Multifamily Investment Sales: CBRE, Eastdil (former HFF guys).

Office Investment Sales: Eastdil, Cushman, JLL (merged from HFF).

Debt & Equity: CBRE (Webb and a blonde), Eastdil (Nick Seidenberg).

 

Vero numquam possimus ut velit. Voluptatem et deleniti ad rerum quibusdam delectus. Qui omnis voluptatum ea at.

Qui quis tempora est modi at. Illo quasi quisquam qui. Culpa omnis fuga autem quo optio dignissimos quos sunt. Neque inventore quis aperiam quod aut. Voluptate in architecto consequatur pariatur aut alias. Natus vel dolores dolor voluptatem quia. Molestias eveniet eveniet reiciendis.

Voluptatum est enim itaque. Fugit et autem in molestiae. Qui id rerum consequatur consequatur est. Atque voluptas fuga ipsam delectus id placeat et.

Dolor consequuntur est cumque ipsum rerum numquam quas. Commodi sint possimus et alias. Sed corrupti sint et molestiae et. Totam asperiores occaecati ab est ullam quibusdam.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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

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...”