Real Estate IB
I work in industrial acquisitions and development as an analyst. Have a REIB, M&A interview coming up with a bank. What questions can I expect? I understand asset level real estate, but I don't know anything about REIT take privates, one RE company buying another, corporate level RE, etc. Will I be asked corporate finance technicals ? Do I need to study these? Any suggestions appreciated. Do I need to be prepared to answer questions such as what is enterprise value, how is it calculated, etc? If so, does anyone have advice on how to study up quickly.
Yes…
Its an IB interview.
I work in REIB and it gets really frustrating when I interview a candidate who obviously doesn’t know corporate finance.
Vault guides, WSO guides, M&I, macabacus, etc.
Fuck me, I have less than a day to prepare. Guess I'm fucked. Got the interview scheduled out of nowhere. Idk why they would select my resume then as all my experience is related to the asset level. Guess there’s no shortcuts or quick ways to study up as the questions can cover a multitude of subjects, etc. will review and study the guides to the best of my ability with limited time.
best of luck - buy WSO redbook but analyst interviews are tough man
Is it pure-play M&A and IPO/Follow-On deals? A lot of REIB groups these days do a a decent amount of "programmatic" capital raise transactions that are basically asset-level financings through a boiler-plate JV Agreement. So anyways, if this specific group is doing a lot of those types of deals, you actually might have very valuable experience to the group.
Additionally, I would just be honest about what you do and what you don't know. Emphasize how confident & comfortable you are with the assets and admit that some of the Corp Fin concepts are foreign to you, but try to convey that you have quite the burning passion to learn them.
Why move from development to IB?
Just broadly speaking, I’m more interested in finance and better understanding different strategies (M&A, debt, restructuring, etc) and the finance part of development is rather repetitive.
What is comp like in dev?
Veniam nihil vel dicta saepe aut. Quam similique nobis velit ipsam nobis. Saepe enim commodi dolores ut reiciendis beatae molestiae quidem. Dolores dolore eos esse aliquam necessitatibus quia repellendus. Eaque officiis libero corrupti quod.
Velit nam et reiciendis perferendis hic non quia officia. Accusantium non ut ut explicabo accusantium voluptatem.
Sunt qui voluptates excepturi aut voluptatem esse. Praesentium natus aut sit dolores non. Ut nam recusandae molestiae voluptas odio. Ut nihil sed quisquam. Dolor fuga impedit sit quae quisquam quia.
Ipsum quos enim ea voluptates minus ea. Itaque enim enim consequuntur aut eius. Quisquam dicta saepe blanditiis provident et. Exercitationem quisquam voluptas repellat. Et doloremque aut amet. Maxime cumque et nihil labore laboriosam distinctio enim.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...