Silver BananaTopicReplies
+8Brokerage vs REPE Asset Management

SteelGun

Hello All, I'm currently a senior in college at a North-Eastern semi-target school deciding on two offers for my full time job. My long-term goals would be to work in acquisitions at a top real estate private equity fund / hedge fund but was unfortunately not able to break in out of...

24
+8How do lenders structure loans to GPs?

teddythebear

So I have been curious to know how loans are structured to GPs. The reason I ask is that we have a couple banks we do business with and they say they structure their deals where any owner with at least 20% or more ownership of the LLC must provide a guarantee. Now this confuses me because in a...

10
+8Buying an Apartment in NYC

ComplacentCareerStudent

First time buyer here currently looking at studio condo apartments in <abbr title="New York City">NYC</abbr> in the <$700K range. Wondering if anyone here has perspectives on current state of the Manhattan real estate market and expected trends over the next 12-18 months...

39
+810YR Treasury is above 3.15% today....

Rice and Fires

Today the 10YR started at 3.08% After Lunch it has jumped up to 3.17%, this is drastically hurting anyone who was looking to get a loan today. We've had some borrowers opt to put deals on hold this afternoon already just to see if it goes lower. I work in production for a DUS...

27
+8Healthcare REIT Acquisitions Analyst Interview

chomsky

I have an upcoming on-site interview with a healthcare-focused <span class='keyword_link'><a href="/finance-dictionary/what-is-a-real-estate-investment-trust-reit"><abbr title="real estate investment trust">REIT</abbr></a></span>...

7
+8AMA: From MO Risk at Big 5 Bank to Real Estate Debt

takeawalkk

I worked in market risk reporting supporting mortgage backed trading desk and interest rate trading desk for approximately 2.5 years. At this point I decided I did not want to be part of MO and exit to <abbr title="Sales and Trading">S&T</abbr> seemed very rare....

6
+8Marucs & Millichap a step below CBRE/JLL/C&W?

creJeff

Scrolling through articles on here, I always notice that companies like Marcus & Millichap, SVN, Savills Studley are always considered a tier below the CBRE/JLL/C&W. How would you guys who have maybe had experience working in some of these shops say they line up and compare? When I think...

25
+8Real Estate Sponsor Fees

The Duke of Wall Street

Questions about appropriate sponsor levels fees come up on this forum more than almost any other topic. I recently came across an article that succinctly describes what typical market rates are and the rationale behind sponsors charging them. This is beneficial for all: Note - I don't...

1
+8Enforcing Percentage Rent

yayaa

Anybody that has experience with percentage leases, how do you enforce the tenant's sales and make sure that they are accurately recording their total sales. Is an audit good enough? What protective measures can a landlord take before signing the lease? Thanks.

8
+8Do acquisitions analysts build models from scratch?

opus1723

Do acquisitions analysts at <span class='keyword_link'><a href="/finance-dictionary/what-is-a-real-estate-investment-trust-reit"><abbr title="real estate investment trust ">REIT</abbr></a></span>'s, REPE firms, etc. build...

24
+8Debt Fund Modeling / Argus

IRReplaceable CRE

Calling all debt fund analysts/associates... I work at a mortgage <abbr title="real estate investment trust">REIT</abbr> as an analyst and we are a typical bridge lender. I am curious to see how detailed other shops underwriting/modeling is. - Besides the typical...

15
+8Investment Sales Broker AMA

wallstoccupier96

Currently been working as an investment sales broker for four years specializing in multifamily, mixed-use, and development sites in the 1-30 million space in <abbr title="New York City">NYC</abbr>. Go ahead, fire away. Oh, and if it counts for anything, I worked for...

28
+8Institutional Self Storage

bd.charlus

I am currently looking at capitalizing a portfolio of newly-constructed self storage properties in the Southeast US with a major institutional sponsor. This is the first self storage deal my firm has seriously looked at, and while we trust the expertise of the sponsor, we want to be able to...

17
+8Is New York's Housing Market Undervalued?

To IB or not to IB

Hey monkeys, Just read up on [an article](https://www.forbes.com/sites/samanthasharf/2017/07/19/new-york-is-one-of-the-most-undervalued-housing-markets-of-2017-yes-really/#77462fc1137d) from Forbes stating that New York's housing market is undervalued by 10.4%, which is second on the...

24
+8Multi Family Investing - New York City

iggs99988

Thought this would be a good place to post some general questions as a real estate novice and gather some perspectives from people in-the-know. Currently in <abbr title="investment banking division">IBD</abbr>, and in the near term (~1 year), I’m looking to diversify my...

13
+8AirBNB (etc) modeling

C.R.E. Shervin

Hey Gang, Do any of you know how, first or second hand, how you realistically look at rents and would do a <span class='keyword_link'><a href="/finance-dictionary/what-is-a-discounted-cash-flow-DCF"><abbr title="discounted cash...

16
+8World Class Capital Group?

CREInvestor

Anyone have any experience working at or working with World Class Capital Group either in Austin or NYC? I've been Googling a bit and read mixed reviews and not sure what they are all about.

58
+8Breaking into commercial development

Rex Grossman

Hey guys, I have about 2 years exp. out of a top tier UG in the Arch/Eng/Construction industry (mech. eng), and am starting a MSRE at Georgetown next semester. Is it likely that the route I am taking to get a MS in Real Estate will help me break into an associate/asst. pm position at...

18
+8Innovative Amenities for Multifamily

CRE

WSO, I'm interested in seeing what kind of cool amenities you've come across, when developing, selling, buying, or living in apartment communities. We've all heard of Nest thermostats and whatnot, but this Hines deal in Boston provides lighting in tune with your body clock, a...

53
+8Looking for Career Advice (3+ Years)

Analyst10242017

Hey <abbr title="Wall Street Oasis">WSO</abbr>, I recently transitioned out of fund accounting and landed a role as an acquisitions analyst in a small real estate firm. From what I've read here and elsewhere, this is somewhat of an unique position. The firm does...

9
+8Deciding to buy property

nethgerona

We can’t decide on a property. What's the most important thing to look for when searching for potential properties?

9
+8Rough mental return calculations?

g0ttag0

Hi all, I'm looking to improve my "deal sense" and am wondering about simple mental math calcs I can do to get a sense for returns when talk about deals? For example: Entry cap+constant growth rate=IRR (assuming same exit cap). So buying at a 5 cap with 3% growth over the...

24
+8Question for Those Who Moved Cities

westcoastq

I'm hoping to re-locate to a new city/market next year. Young and want to explore a different part of the country. My key hesitation is whether this experience is worth the potential back-step in career progression. I have a strong network in my local market, know all the major players,...

21
+7PGIM RE vs. Morgan Stanley IB vs. PNC Capital Markets

REIkachu

Hi all, I've been fortunate enough to be offered roles at the places mentioned above for their <span class='keyword_link'><a href="/guide/wso-internship-guide">summer analyst programs</a></span> and I'm having a hard time deciding. Long...

18
+7What are some great and also good real estate firms that I should look into in southern California?

ivy200

I'd love your input on some solid shops that hire straight out of undergrad down there. I'd love to be in acquisitions, but I'd also go into REIB or debt and equity placement. I'm currently interning in asset management at a private equity firm that has revenues between 1...

23
+7Why is development debt int so much > senior?

Macchiavelli11

A deal I'm doing atm we have a c. 800m loan facility which is a blend between the acquisition loan and development debt, both coming from a single lender for a single asset. Both the senior and Dev have a <span class='keyword_link'><a...

18
+7PE mega funds with real estate focused fund

rrefinn

Which megafunds have real estate groups? What are some of the best real estate focused groups among these megafunds?

26
+7CMBS B-Piece Buyers

JSmithRE2010

I'm looking to learn more about the B-Piece buying space. How do funds value a b-piece? Do they get involved with the owner/operator in the event of a default or need of a turnaround? Are they required to hold for the entire 10 yr period? Are agency b-piece buyers separate from buyers of...

8
+7Thank you Thanks WSO

REgogogo

English is my second language, so correct me if my grammar is incorrect or the world that I use is not accurate. I found this forum about a month ago, and here, makes me feel like home. I read a lot of the discussions recently, and a lot of useful information that helps someone like me who is...

3
+7Mezz lending outlook for the next few years

DeanYoungBlood

Just wanted to get people's thoughts on mezz financing in real estate, and the outlook for mezz lenders/originators in the next couple of years, given where we are in the cycle. I am searching old threads as well, but wanted to see if anyone had any current insight. Might have an...

24
+7Realistically how much experience do you need before making the jump to development or PERE?

press107

How much experience should you have before making the jump to either <abbr title="private equity real estate">PERE</abbr> or development? Interested in your thoughts on this. I have interacted with a couple smaller developers before where the typical progression would be...

11
+7Received an offer, need help deciding

greekmyth

I received an offer at a small residential/multifamily development/acquisitions company but have to decide between that and 2 other companies. One of the other companies is a multifamily asset management role at a small company and the other is a senior living asset management role at a fairly...

14
+7Rent Stabilization - NYC Multifamily

BBA18

Anyone familiar w/ <abbr title="New York City">NYC</abbr> <abbr title="megafund">MF</abbr> who could explain how this works? My group doesn't do much in <abbr title="New York City">NYC</abbr> and I just got this deal sent to...

23
+7Flipped Houses, Own Rental Property - Now I Can't Find a Job

jchen281

Background: I'm originally from <abbr title="New York City">NYC</abbr>, but I attended university in Ohio in 2007. While in university, I managed to buy, rehab, and flip 10 houses primarily in B and C class neighborhoods. I never finished college in Ohio, and...

26
+7When did you "figure it out"?

Nousernamehere

what I mean by title is, when did you really figure out what area of RE you wanted to be in and when did you eventually get to a role that gave you a solid experience/foumdation? I graduated 2.5 years ago and ended up in a corp Finance type role with F50 and realized I wanted <abbr...

19
+7Avg. $/SF comparison between different size units

mrfcflanker

Has anyone here made compared <span class='keyword_link'><a href="/finance-dictionary/what-is-comparable-analysis"><abbr title="comparable analysis">comps</abbr> on similar</a></span> product that has smaller average unit...

11
+7Value-Add Multifamily Investments

egold70

Had a couple of questions relative to value-add apartment investing in the currently market. It seems as though most/many LP equity groups have re-calibrated their return expectations as multifamily has seen a phenomenal run coming out of the recession. Most deals I am seeing (I focus on the...

14
+7Justify Your Bonus

realblue

There are lots of threads about comp/bonus numbers but I want to ask a slightly different question: Why do you deserve your year end bonus? It would be helpful to know specific role/type of real estate and % of comp but not absolutely necessary. I’d start but currently struggling to...

16
+7New guy at boutique brokerage. What do I need to know?

aptguy

Long story short. I was given a shot at a boutique multifamily brokerage. Average deal size is 30MM. They are great, but are somewhat lacking in training someone new. I have a business background, but have no experience in <abbr title="commercial real estate">CRE</abbr>....

17
+7Recommendable Architecture Books?

Mg33

Does anyone have suggestions for good introductory architecture books? I'm starting a project management position for a developer and, although I know it isn't necessary, I would like to have some architectural knowledge. Not looking for something academic, but something educational,...

14
+7Loan Market Sizes

Lurkingforopportunity

What are the typical loan market sizes that are agreed upon? Or are these markets discussed based on assets? I'm trying to gauge what level the company I'm interning for is going for and what target markets are before I join them next month. It's a LifeCo so I'm assuming it...

19
+7Eastern Consolidated closing shop

yayaa

What went wrong at Eastern for them to completely close their doors? Anyone with information on the firm that can explain the situation? They did 600m last year in investment sales which seems sustainable. Sad to hear. Top 5 NYC Investment Sales Brokerage in 2017: 1) Cushman and...

25
+7Real Estate Financial Modeling for beginners

GuyLafleur

Hey guys, I’m trying to build a solid foundation for RE modeling in the hopes of eventually applying to a <abbr title="real estate investment trust">REIT</abbr> or REPE fund down the road. Any suggestions on how to build up my financial modeling skills? Assume I’m a...

14
+7Opportunity: Houston Developer, Multifamily

REPESailor2020

I am moving and would like to help my firm fill my position. I am an analyst for a Houston based developer. The firm does 75% office and 25% multifamily/condo development (the position is specifically for the multifamily/condo side of the business). $3B in AUM, significant institutional capital...

9
+7Stuy Town/Peter Cooper...again.

DBCooper

Anyone have thoughts on this? For the newbies...the prior deal to buy these properties was led by Tishman Speyer and BlackRock...it blew up badly...and is considered the worst real estate deal in history. The LPs obviously got fucking hosed badly. The plan hinged on lots of leverage and...

47
+7REFM Private Equity Fund Modeling Self-Study Course

Doless Thinkmore

As most of you probably know, GetREFM is having its end-of-year 50% sale on self-study courses. I've purchased an acquisition and development from the website and was happy enough with them (a couple of the more complicated formulas the narrator doesn't do a great job conceptually...

28
+7What skills are most valued in CRE?

bakerbanker

Different industries require different skills. For example, if you're in Hollywood as an agent or actor you gotta be good with people. If you're a lawyer you gotta be detail-oriented, well-versed with politics and the law as well as being a good public speaker if you're a...

8
+7Interest rates...what now?

PacNumber

The Fed is hellbent on continuing to raise rates. Stock market isn't digging it at all. Growth is questionable for 2019 despite a solid 2018. The 10yr is off 50bps in what, 30 days when it appeared that it would easily stay above 3. Looks like long term rates will hover in and around 5%...

6
+7Tell me about the culture at REITs

LIBORorBUST

How is the work/life balance? I am sure it varies by firm and group but are the hours generally under 60? Closer to 60-70? Also, what is the hierarchy? I’ve seen Analysts and Associates but where do Associates go if and when they are promoted? (Acquisitions, Credit, etc.)

23
+7CRE Overtime Activities

Don Johnson

I have been working overtime (60+ hours a week), for the past couple weeks. With not a lot of extra time and no particular hobbies, I wanted to create a post for those that work longer than normal hours. What is your routine? As someone just getting into this routine, I find it hard to stay...

25
+7Acquisitions Analyst vs. Development Analyst

nycre1234

Can someone working in real estate investment and/or development please shed some light on career options for an entry-level Acquisitions Analyst vs. an entry-level Development Analyst? 1. What is compensation like at lower levels and as one advances in their career? My impression is that...

11
+7how to break into Real Estate Finance?

yankss101

little background on myself... -graduated from reputable school -currently analyst at a massive corporation's Corp. RE department where I do project budgeting, handle project financials, etc (no specific modeling). basically a financial analyst for projects -had 3 months internship at...

71
+7Argus AE

PF_CRE

Alright is anyone actually using Argus AE? Argus keeps telling us that everyone is moving over but I haven't found anybody that actually does.

100
+7Cap rates in Harlem NYC

john.362

Hi guys! I am reading up on <abbr title="New York City ">NYC</abbr> multifamily market and unfortunately do not have access to paid databases. I would greatly appreciate if someone could advise on what sort of cap rates you would observe in Harlem area right...

7
+7Real Estate "Investment Banking"

stev0026

Hello all, I'm curious about what Real Estate "Investment Banking" might be all about. I use quotations because I do not know if this is actual investment banking. I work at one of the 3 brokerage houses as a <abbr title="megafund">MF</abbr> capital...

34
+7CMBS at Ratings Agency

NYYCRE

Does anyone know of anything of a structure finance/CMBS ratings role at a Fitch/Moody’s? Any exit ops?

18
+7IS vs Debt Placement at a major shop (think Eastdil, HFF, JLL)

Dmurphy121212

Long time reader, first time poster, huge fan of the site. My question is this: I know at the Junior level that the work can be similar at times. However, as someone who wants to stay in <abbr title="commercial real estate ">CRE</abbr> long-term, I am curious as to the...

12
+7Loan Amortization Table

IndenturedAgreement

Hi all, So I tried to find amortization tables on the web for real estate but most of them do not account for loan curtailment (early prepayment) so I was wondering if anyone could provide guidance on how a proper one is made. Also, in terms of amortization per year, is it just 1 divided by...

27
+7Looking for guidance finding my path in commercial real estate

CREPursuit

Looking for guidance finding my path in commercial real estate I am currently employed at a mid-size commercial real estate shop (Think M&M competitor) in the Houston Texas Area. We are a locally founded shop, but also have satellite offices in a few other large metros. I specialize in...

18
+7What're some examples of proprietary information you guys keep locked away at your firm? Competitive Intel etc.

StrictlyBusiness

I've been at two firms where there was heated conflict with making sure when someone left they did not leave with the company's proprietary information, mostly because they went to a competitor. I'm curious as to what kind of data is sensitive at your company.

20
+7debt side vs equity side

advantageplayer

Just got off the phone with a real estate analyst in the debt group @ Blackstone for an info interview. He works for the debt team and told me that most kids want to get into the equity side as opposed to the debt side, and that I shouldn't "come in here looking to break into the...

37
+7Help: "Meet the team" Interview

Miaospirit

I am switching my job from a residential& mixed-use developer to a commercial brokerage firm. So two days after the first interview, I was invited to the second interview and they told me it is to meet the team. If things move smoothly, they will extend an offer to me. The role I am applying...

23
+7West coast REPE

OnlineMoniker

Hey guys, first time poster. I'm currently an undergrad student on the west coast and am considering repe as a career. Is anyone in the community familiar with repe debt funds in LA, San Fran or Seattle

30
+7Thoughts: Marriott Buys Starwood Hotels for $12.2 billion

playtheman

<h3>The Purchase</h3> Marriott International, one of the world’s largest hoteliers, agreed to acquire Starwood Hotels & Resorts Worldwide Inc. for $12.2 billion. To be precise, Marriott is going to shell out $11.9 billion in stock and $340 million in cash. Moreover, Marriott...

10
+7REFM Review - Real Estate Financial Modeling Courses 1-3

HopefulMogul

I just went through levels 1-3 of Bruce Kirsch's Real Estate Financial Modeling (REFM) and another monkey recommended I give a review... So here is a summary and what I though about the courses: Level 1 - starts off as simple formatting and statistics formulas (max, min, avg). Then moves...

19
+7PGIM Real Estate SA Interviews

vjkdvjidj

....................................................................................................

15
+7Need advice on asking for promotion

Optimus_Subprime

Had good input. Thx............... ... .......... . ................................

14
+7Why are REITs not considered appealing?

GLCRE

Can anyone shed some light as to why <span class='keyword_link'><a href="/finance-dictionary/what-is-a-real-estate-investment-trust-reit"><abbr title="real estate investment trust ">REIT</abbr></a></span> jobs don't seem to...

29
+7How do LIHTC developers make money?

egold70

In the process of discussing a VP level position with an affordable developer (mostly 4% LIHTC deals). My background is primarily market rate value add multifamily and commercial. I was curious if they comp structure for affordable groups is similar or less than what it would be for a pure...

67
+7What is Investment Sales in Commercial Real Estate?

FinancialBarn

I realize this is a newb questions but I am transitioning from residential real estate. So I reached out to a company inquiring about broker or property management positions. After they read my resume and cover letter they said they didn't have any of those positions available but suggested...

27
+7Market or Food Hall Model

CRE

Does anyone have a model for or any experience with a market or food hall concept with leasing data including rent structures, common area, etc.?

19
+7Question for Acquisition Guys

20-IRR

What are the first 5 things you immediately begin digging into when you get an Argus file from a broker for a potential acquisition? I recently started an acquisitions role for a smaller group with no real underwriting policies and procedures or manual. I have a little bit of acquisitions...

19
+7Real Estate Debt Associate

takeawalkk

Have an interview coming up with a real estate asset manager (7-10bn) on the debt side as an associate Was hoping to gain some insight on what’s expected: -when it comes to real estate debt underwriting, what type of factors and what’s the typical process from intital stage to the...

21
+7Nyu vs Columbia MSRED

Resi2CommNYC

For anyone who has been accepted into both programs, what was your work experience and GMAT/GRE score when you applied? What made you choose one school over the other? I'm considering one of these programs for next year and what to see how I stack up to others since they don't publish...

17
+7Pros and cons of working for a large public real estate company compared to a 5 man development shop

laxattack1221

I've been working for a large public real estate investment trust, and have been very taken back in just how much this place doesn't have their shit together. Basically what I am wondering is it par for the course where in the commercial real estate arena things just take forever and...

6
+7Why IRR is so high on a compressed timeline?

Miaospirit

Hi everybody, I am currently underwriting a 13 units condo development project that has total length of 15 months from close to sale. 15% return hurdle and 70/30 promote slit. The problem is that the <abbr title="internal rate of return">IRR</abbr> comes out 38% with a...

12
+7Waterfall template attached

Post hoc ergo propter hoc

All - I've gotten a couple requests to sketch out/submit a waterfall model that handles various assumptions. Thus attached is a quick and back of envelope approach to a JV development deal. Blue font is input -- I tried to add comments that provide a more detailed explanation of the input...

3
+7Investment Sales Insights

scshtx

I know there's a lot of threads on this already, and I've read most if not all of them and I am still confused. If someone that works in investment sales as an analyst or broker, or has in the past, could share some insight that would be great. I'm very attracted to starting as an...

16
+7Why Don't Brokers Respond to Emails?

Pokemon Master

I work for a family office and this is the first time in my life I've been involved in the deal sourcing process, so maybe I am doing something wrong on my end. But I'm kind of confused why I'm getting such a low response rate from emailing brokers. They sell commercial real...

20
+7Bank of the Ozarks Real Estate Specialties Group

biffanderson

Has anyone worked for or with Bank of the Ozarks Real Estate Specialties group? From what I understand they are becoming one of the larger construction/<span class='keyword_link'><a href="/finance-dictionary/what-is-a-balance-sheet-BS">balance...

21
+7Modeling from a debt perspective

adrian-monk

Hi! Can any analyst at a bank, life co, lender, etc share some insight on how modeling is done from a lending perspective. I get that two most important metrics are debt yield and dscr. But can anyone please be kind enough to share what else do you do in excel? I know how to create a...

12
+7CRE Asset Management Learning Materials

michaelrmilken

Hi everyone, long time lurker and beneficiary of the information dispersed on this forum here. I've recently accepted a role as an Asset Management Associate with a lower PERE30 fund (think Angelo Gordon/Ares/Fortress/Cerberus) in <abbr title="New York...

21
+7Life as a CRE Broker

AspiringREInvestmentAnalyst

Hi All, I was initially looking into becoming a RE Analyst but haven't been able to shake the want to become a <abbr title="commercial real estate">CRE</abbr> broker since learning more about the industry. Would current brokers be willing to share their current RE...

15
+7CRE Development - Deal Making/Structuring

Fizzypop

What's the best way to break-into the *deal-making/structuring* side of <abbr title="commercial real estate">CRE</abbr> development, rather than the execution side? My background is in civil engineering, previously worked for a large top-10 general contractor, and...

16
+7Joining an investment sales team

Resi2CommNYC

I have a potential opportunity to join a retail investment sales team that focuses on middle market deals (2-15mm) with a major brokerage (JLL/CBRE/CW). Sometimes the team gets brought in on bigger institutional stuff but mostly smaller plazas owned by HNW people or families. The main broker is...

42
+7Institutional RE

NYYCRE

Question for others on the institutional side of RE.. Does it ever feel like “not” RE to you? If that makes any sense. I often feel it’s a lot less entrepreneurial than development or working on smaller properties. Your basically thinking as the property as an entity which sometimes...

13
+7What is the next big threat to CRE?

teddythebear

Just thought it would be good to brainstorm on this. <abbr title="commercial real estate">CRE</abbr> is at a high and regardless of fed hikes, it doesn't seem like cap rates are increasing. Investors are willing to take smaller spreads. At what point will the market...

34
+7Breaking into REPE/development from appraisal

CodyParkey

Wondering what exit opps would be available with 1-2 years in appraisal with an <abbr title="Masters in Finance">MSF</abbr> w/ RE focus from a decent university would land me? Assume that the appraisal gig would have good flow with good properties (MF, office, retail)....

19
+7Cumming Corporation

SponsorPromote

Hey everyone, I really appreciate the great info on this forum. I'm looking at an opportunity to be a Project Engineer/ Coordinator at Cumming Corporation in a major market (LA/SD.. my name pretty much narrowed that down). For reference I am currently an Undergrad Student and my end...

8
+7Best place to include asset management fee in proforma?

CrusaderCapital

Long time lurker here. Currently enrolled in a MSRE program looking to make a career switch. Been helping out with the modeling on a few deals. Just curious where it is most appropriate to include an annual broker-dealer fee (1.5% of initial equity) in the proforma cash flows? Would you include...

22
+7Is this the year where the mall dies?

teddythebear

I know physical retail has been on a decline for the past several years, but most stores were getting by and only moderately downsizing. I noticed this year has been insane with the amount of store closings, some which are closing all stores. In one of the towns I drive through when traveling,...

7
+72 year Analyst at Fam Office - Next Moves?

FamOfficeAnalyst

I'm a second year analyst at a <abbr title="megafund">MF</abbr> family office in a primary market. I do a fair amount of quant work, modeling, and deal sourcing but a lot of my day-to-day is operational. I handle tasks ranging from <span...

7
+7What does AM with a LifeCo/bank entail?

Nousernamehere

Hey all, What is <abbr title="asset management ">AM</abbr> like on the debt side? Is it boring as shit and just making sure your designated portfolio of loan payments are coming in from properties running as planned?

14
+7RE Model case study completed - PGIM multifamily

Post hoc ergo propter hoc

Hey guys - a few posts ago there was someone who used the attached model case study for critique. I did this relatively quickly during my down time - so I'm sure there are errors to be caught. However, I feel that I have done enough modeling and underwriting to have a decent grasp of how...

9
+7Why does the promote go down when a property is refinanced?

luv2speed

Promotes are hard for me to begin with, but our CEO has asked a question which I can't figure out to save my life and I would really appreciate the insight of some of smarter monkeys than I. When I do a promote calculation on a development, the value of the promote (the extra 20% or so the...

6
+7Park Hill Group Real Estate (PJT)

Macchiavelli11

I have an interview with these but can't seem to find out much about them online other than- "The Park Hill Real Estate Group (PHREG) is a top-tier global real estate private equity financial advisor and placement firm for high-quality real estate investment managers and operators....

22
+7How can I learn about the inudstry as a complete beginner? (Possibly stupid question)

BrandProko

Apologies in advance if this is a dumb question. So, I'm currently a law student and my goal is to enter a field of law that doesn't pay well, and on top of that a job that pays even worse (it's a dumb passion thing. Don't ask.) Things being as they will be, I'm...

21
+7666 Fifth Ave

Kurtis Blow

I just wanted to get people's input on the drama over 666 Fifth Ave. How will the fallout affect the market, etc?

11
+7Pepperdine MSRE: Any Info

SponsorPromote

Hey everyone- I’m currently an undergrad student in a Southern California and also work full time in residential brokerage (as an agent, will get my broker’s license in a few months) full time. Long story short: I want to move into commercial development and am weighing out my options....

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+7Two Superdays Next Week--Advice On How To Answer Two Possible Questions

REStudent

Hi guys, I have two superdays next week: one for a large Real Estate Private Equity Firm and another for a <span class='keyword_link'><a href="/finance-dictionary/what-is-a-real-estate-investment-trust-reit">Large <abbr title="real estate investment...

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