.
Assist. VP in VC
………………………………………………………………………………………………………………
.
………………………………………………………………………………………………………………
Trending Content - Real Estate Forum
Career Resources
WSO Free Modeling Series - Now Open Through
June 30, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
Context: First year debt/equity real estate analyst at a well known MF PE firm.
From what I can tell your best bet would be to go to a REGAL or CMBS role - if given the option probably REGAL at a true M&A player (MS, GS, BofA not PJT Evercore). My firm used to hire entirely out of banking and now more than 1/2 come to the buyside straight from undergrad. Spots remaining are def getting more competitive
What about for strong but non MF firms?
Hey man! I am going into CMBS origination group at GS/MS/JPM next summer. Can I dm you and talk?
sure
Based on the most helpful WSO content, transitioning from a securitized products investment banking role to a real estate private equity or debt fund is indeed possible. It's all about leveraging the skills and knowledge you gain in your role.
Securitized products, by nature, involve a lot of analysis and understanding of various types of assets, including real estate. This experience can be very valuable in a real estate investing role.
Debt funds could indeed be a more achievable target initially, given the overlap in skills required. However, don't rule out REPE.
As for moving to a REGAL or CMBS role, it could potentially make the transition smoother, but it's not a necessity. Being in a top BB and in IB already puts you in a strong position.
Remember, networking is key in these transitions. Start building relationships in the RE investing space as early as possible. Good luck!
Sources: Can I transition from restructuring to regular private equity?, Move from Accounting to Real Estate - is it possible?, Transitioning to REPE from top investment sales
Currently an Incoming SA at a MF PE shop in their Securitized RE group. All of my interviewers came from BB securitized products groups. I know the transition from Securitized products to RE debt is pretty straightforward, but just curious: do you have a compelling reason to exit out of securitization?
Ex voluptas iure sunt dignissimos autem fuga. Deleniti fugit neque perferendis quo blanditiis. Vel reiciendis et aut eos nemo non libero. Minus et eos laboriosam sint quia ab. Consequatur optio rerum harum quas voluptatem ratione quae nihil. Similique possimus assumenda sunt voluptas expedita dolor non. Ut qui ad placeat neque autem et.
Asperiores ullam dolorem quos rerum est pariatur unde. Est alias ipsam hic asperiores veritatis. Et voluptatem possimus placeat amet corrupti qui.
Error quas maiores reprehenderit est vel. Repellat consectetur culpa eligendi tenetur quasi blanditiis voluptates. Qui alias nihil tenetur quos. Rerum dolore doloribus sed cupiditate autem alias.
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...