Silver BananaTopicReplies
+113From Real Estate Finance to Founder of Development Company - AMA

subsix

I've been an observer on this site for a few years. In my mid-40s but use the site to keep current on how younger guys look at the business, career expectations, etc. Thought I'd do this AMA in order to pass on what I've learned (though it's your call as to how much you...

139
+81The Real Estate Job Hunt - How are people doing?

Pocket_Rockets

I'm curious to see how other WSOer's job search for <abbr title="commercial real estate">CRE</abbr> is going. Are people seeing a lot of success or struggling?

417
+69What is your compensation in Real Estate Finance?

jjacobs06

I cant find much in the way of compensation for real estate other then the summary page from the HR consultant that is floating around here, so I thought maybe people will be willing to describe what they do, their market, and what their compensation looks like. Industry: Real Estate...

369
+67Life in Acquisitions (Analyst/Associate)

AcquisitionsGuy

I've had a couple of people PM me about what I do in <abbr title="real estate investment trust">REIT</abbr> acquisitions and what the deal process looks like. I figured I'd post this for people's future reference. I work at a fairly large <abbr...

134
+58Why do so few go into Real Estate?

Bankerstreet

Theres no statistical evidence for this but, why is real estate second to most other financial services jobs? Most people in business school are primarily looking for <abbr title="investment banking">IB</abbr>, consulting, <abbr title="asset...

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+51List of all US Real Estate Developers and REITs

Trunk Yeti

I'm beginning my MRED in the Fall, and am starting to wind up my networking efforts. I figured a CapIQ screen of every developer in the nation sorted by State/City would probably be a good start. I hope that anyone else in a similar situation finds this useful. Let me know if you have...

37
+48Life at Mega Developers

decrebepro

Can anyone speak to what it's like working at a Hines/Tishman/Related in a flagship office (NY/LA)? Somewhat curious about comp, hours, culture and all that, but far more interested in the actual quality of the work and what the impact is on your career. As an analyst at one of these...

46
+40The market is turning rapidly...

PacNumber

In the last 60 days I've seen so many deals fall out. Not just mine but other brokers across several asset classes. Buyers are hyper critical of everything. Sellers still want crazy money...Apartment investors selling at 4 caps and trying to buy retail at a 6. They see the end in...

87
+37Calling everyone...Biggest 2018 Takeway

yayaa

What has been the biggest lesson you learned this year in your RE career? Has anything surprising occurred or any interesting moments/events/trends you’ve come across at work and witnessed in the estate field? How other players are reacting to the market? 1st year at your current job or...

90
+33What Do You Tell People You Do?

Pokemon Master

So.... I'm kind of getting sick of explaining to friends and family that I'm not a realtor. Plus even when I do try to explain the concept of being a real estate investment analyst at a family office, it just kind of flies over everyone's head and they still assume that I'm a...

124
+29Let’s talk REPE Comp

nycre08

Always found REPE compensation info to be spotty so looking to share. Market: <abbr title="New York City">NYC</abbr> Experience: 7 years Role: Acquisitions Firm Size: $7B AUM Salary: $150k Bonus: 70%-100% of Salary Carry: N/A Hours: 45 hours/week

233
+2830-year-old Real Estate Billionaire

RawClaw

Read this article last week and was impressed by this guy's story. https://www.forbes.com/sites/nathanvardi/2017/07/18/the-30-year-old-texas-tycoon-who-is-building-a-real-estate-empire/#181cfb0594e5 Something that struck me: I just read through the thread about how tough it is to get...

47
+28WSO's Best Real Estate Books

CRE

People ask about the best real estate books to read on this forum almost daily and we're happy to toss <a...

46
+26A Discussion on Interest Rates/Macro Fundamentals (Long OP)

Non-PC Broker

While there was a recent thread about buying in a rising interest rate environment, I'd like to have a thoughtful discussion about where you're predicting interest rates to be in 1-2 years and how that will impact the market, if at all. To preface the discussion: I first entered...

63
+26Excel Formulas you use constantly on the job?

greekmyth

Was wondering what formulas most of you are using on the job? Thanks. I have excel tests that I will have to do for some final round interviews so was wondering if there are any recommended websites to practice.

91
+26What cities will be the top places to live in the next 5-10 years?

greekmyth

It seems as though many people are fleeing California because of soaring rent increases, weak infrastructure/high traffic, high taxes, and lack of water. Where will the top places to live and develop real estate be in the next 5-10 years? It seems as if the best places would be business...

135
+26Amazon HQ2 Location

JBUCHAN

Alright folks, let's have everyone's best guess (or inside knowledge) of what city the new Amazon HQ2 will be located. I am going with Denver and Colorado Springs. The culture is really great Marijuana is legal Plenty of other large corporations have their HQ there The cost of...

130
+26Analyst Modeling Test

ChangedMyName

Figured I would give back to the community. I have a modeling test I was recently given for a debt/equity shop that I am happy to share. PM me and I will send it over.

83
+26Your worst work experiences

jtl1002

Curious to hear some of your stories with firms in your career in the RE industry. I'm sure a lot of you had worked at small firms where it might have been a cluster fuck or you got hoodwinked into a position that wasn't what you thought it was.

52
+25Analyst Interview - Common Questions

Bodacious

Hi, I have a partner interview with a large commerical real estate firm, and I was wondering if anyone had any insight into what type of questions I should expect and how to best answer them. I've been told questions will be mostly fit questions. Any help will be greatly appreciated, and...

63
+24Value add - multifamily ... RENTS, TAXES, WTF??

yoruba123

I am seeing a ton of shit OMs from brokers labeling everything value-add for multifamily. This is nothing new but who is the potential buyer pool for these shit class B & C assets? To my main question, is it realistic to expect rents can be doubled at a property in 18 to 124 months at a 50...

64
+24What percentage of your after tax income is devoted to housing?

REPE8

There is an age old adage that your monthly housing expense should never be above 30% of your after tax income that I think is completely irrelevant in today's rental and housing market. I'm curious to see what the average renter's/home owner's monthly expense including...

111
+24The future of LA

ga901

Curious what SoCal guys think the future holds for LA. The change here is staggering. Tech companies are flooding in. Snapchat, <span class='keyword_link'><a href="/company/amazon" target="_blank">Amazon</a></span>, Google and others all...

50
+24AMA - Master of Real Estate

CRE

I'm seeing a lot of MSRE/MRED questions lately as people are either choosing between programs, getting ready to start programs in a few months, or thinking about applying for 2018. I am a recent Master of Real Estate graduate and I know we have a lot of current and former students on...

80
+23Career Paths/Exit Opportunities

futureREmogul

I think this would be very beneficial to a lot of people on this forum, so if you could list your career path to how you got to your position you are currently in now from undergrad, as well as the firm or at the least the size, it would be very appreciated. Ex: investment sales (think...

35
+23Dress Code in Real Estate Asset Management

Don Johnson

I want to share an experience I just had on my third week of being a first year analyst in RE <abbr title="asset management ">AM</abbr>. To give a little background, I work in a second tier east coast market (Atlanta, Charlotte, Miami, DC etc) working at a large <abbr...

42
+23AMA: 2nd Year REPE Associate

MonkeyWrench

Wanted to do this since I have recently seen a trend of more <abbr title="commercial real estate">CRE</abbr> posts in general, and quite a few about REPE specifically. Brief background: -Not really sure if there's such a thing as a 'target' tranche for...

71
+23Real Estate Industry in a bubble?

AndyLouis

Was speaking with someone in my network (M7 <abbr title="Masters in Business Administration">mba</abbr> student, soon to be working in RE) about the amount of RE interest/activity on <abbr title="Wall Street Oasis">WSO</abbr> and he responded...

92
+21RE / REPE - What is your typical day to day like?

jtl1002

I thought it would be cool if guys here can give their "day in the life" from 9am to whenever of a typical day for them at their current role/company. I think it would be great for inexperienced guys like myself to see what is like formguys here from development to brokerage to REPE...

33
+21Common Hotkeys - What do you use?

CRE SC

Monkeys, I've been trying to find online if there are any macros or hotkeys for the paste formula option. I find myself using this option all the time in my modeling and really can't find another method quicker than just right clicking and clicking paste fx. If anyone has any advice on...

73
+21How does Trump influence your opinion about RE developers / investors?

5 million

For the record: I'm anti-left, so this isn't some liberal rant. Every time I listen to Trump I am astonished how incoherent he is and how we answers questions. He seems like a sub-120 IQ person to me. He simply does not sound like an intelligent person. I suspect some of this is due...

86
+20Real Estate Side Hustles

CREguy

What types of real estate side hustles do people have? My intention is to work in real estate in a full-time capacity, but also have a side hustle like owning my own commercial properties or being a broker. I would like to hear of anyone's experiences with their real estate side hustles and...

40
+20What is your favorite building?

Ronclue

For me, I'd have to say the Le Mont-Saint-Michel in Normandy France. Something about a huge castle on a tiny island close to shore. Also the Musée d'Orsay in Paris. Brings be back to a different time. P.S. Not french Whats your favorite building? Can be both new and old. My...

75
+20Can we get a STICKY for our RE board for a) Underwriting models to be posted/shared; b) Current salary comps across industry

BakersDozen

What do you guys think? This would be very useful to many of us.

82
+20Biggest mistake

Commissions and fees

What is the biggest mistake you've made on the job? Curious to see how bad things have gone and how they were handled.

48
+20Real Estate Q&A

RE_Banker

<em>Mod note: <strong><a href="//www.wallstreetoasis.com/faq/what-are-the-best-qa-threads-and-interviews-with-top-finance-professionals-on-wso ">Click here</a></strong> to see all of our q&a's and interviews</em><P> So the deal I...

105
+19Market Drastically Turns. How Do You Pivot?

ThatGuyBalls

Listen, I'm no doomsday guy. But let's talk about the thing on everyone's mind. Acquisitions folk out there - you get dumped during a capital markets freeze - what do you do (take a less prestigious job, change industry, wait it out, etc...) For those older Monkeys (much...

34
+19Costa-Hawkins Repeal (California)

Count_Chocula

Any of you nerds tracking it? Looks like it will be on the ballot in November (should be confirmed by June 28th). Could be bad news bears for a lot of California resi guys (yours truly included). Considering buying the July puts on Essex.

95
+19Opportunity @ PERE Top 50 Firm

Big Riggerson

Hello <abbr title="Wall Street Oasis">WSO</abbr> community, I am moving on at my company (Bridge Investment Group) into a different role, which has opened up an opportunity on our Investment Strategy & Research team. The Investment Strategy & Research team is...

2
+18Family Office - Exit Opps

The Duke of Wall Street

Curious if anyone knows someone or has worked within a Family Office (~$2bn in equity) and what exit opps look like? Specifically, how it would look to Business Schools, REPEs, and potential investors if one was to open their own fund one day.

32
+18What Would You Build In The Hood?

CRE

I want to do a little brainstorming on the topic of redevelopment in emerging neighborhoods. I don't want the standard "cash advance, cash for gold, gun shop, liquor shop" response or the ever so cliche micro-brewery. What kind of cool developments have you seen in rough areas...

75
+18Real Estate Private Equity Technical Qs

FalconPluse

So I have been offered an interview with a top real estate private equity firm but don't know much about the technical side of it. How do you calculate <abbr title="free cash flow">FCF</abbr> when looking at real estate? I know the formula when analysing companies...

32
+17Favorite real estate icons

OnlineMoniker

I'm going through investors archive YouTube real estate interviews now but am still relatively ignorant regarding real estate leaders. I'm thinking along the lines of the Ray Dalios/Howard Marks of real estate; aside from our beloved President of course. Was wondering if anyone has...

67
+17Moron Manager!! What to do???!

Mike-Bozzuto

Would kindly appreciate your feedback. I recently joined a boutique real estate firm after 4 years on the debt site to do acquisitions and development. it's a small shop with three principals, an acquisitions manager (aka moron from hell) and me as acquisitions associate. Here is...

39
+17Open Discussion: CRE During a Downturn

bd.charlus

I want this thread to be a way to think out loud about how we do business during trying economic times. It seems many (most?) of us on this forum are newer to <abbr title="commercial real estate ">CRE</abbr> and have never been in the industry during a...

9
+17Ask Me Anything: REPE Investment Professional

re1098

<em>Mod Note (Andy) - as the year comes to an end we're reposting the top AMA's from 2015, this one was originally posted 1/6/2015.</em> Hi Guys, I've noticed there's been a lot of unanswered questions about REPE on the forums lately. Given that <abbr...

193
+17CRE Trends That Are Emerging Now and Will Prevail Throughout Our Careers

cpgame

What are some of the emerging trends that you all think will prevail throughout our time in the industry? For one, I think cheap debt will be a thing of the past when we look at the steady decline that the 10-year treasury has been on since 1981. How this will affect the identification and...

71
+17HFF Drug Test Summer Intern

spunkyfunkymonkey

Hi monkeys, I have an offer for a <span class='keyword_link'><a href="/guide/wso-internship-guide">summer internship at HFF</a></span> in a large city (think <abbr title="New York">NY</abbr>, LA, Chicago). When I signed my offer...

52
+16Best Property Type

CREPATH

Now I know this is a question that does not necessarily have a correct answer however I would be curious to hear what everyone thinks is the "best" property type. Assuming you can only develop an expertise in one property type and that will be your niche for the rest of your career...

73
+16Firms that have been “eternally” looking to fill a position….

Kurtis Blow

In honor of C.R.E. Shervin’s brilliant reply to the DLC Mgmt thread - www.wallstreetoasis.com/forums/dlc-management - I noticed through my years of browsing career websites, like Select Leaders or Indeed, that there is a significant amount of companies that are always marketing an...

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