Any thoughts on the CMBS space? -early stage career questions
Hi all,
I am in the early stages of my career and I have an opportunity to work in CMBS origination/underwriting at a bank that is one of top 20 CMBS originators, but on the lower end of the top 20. They also have a balance sheet lending group. While the good news it that they seem to be on a hiring spree, a bit unusual at this stage of the cycle and have also survived the massacre that killed tons of CMBS shops., however, my concern is that with risk retention, the CMBS space is going to structurally change where there will be severe contraction, and it wont be as impactful as it once was and not finance 25% of CRE as it always has and there will be fewer players in the space. Last year, only half the lenders contributes loans to CMBS deals compared to 2016. Are my concerns valid? If you were in the early stages of your career today, how would you feel about being in the CMBS originations, underwriting space? Really appreciate your help, thank you!
bump
Do it. Debt shops will be solid through the end of the cycle. Great place to start. Especially CMBS. Opens up a ton of doors. Good foundation. Even better if they pay you well.
I work in structured finance on the buy side (CMBS, RMBS, CLOs) pm me.
Error harum veniam qui facere vitae sed. Delectus soluta et ea inventore. Itaque ad dolores fugit in velit et et nemo. Dolor et reiciendis est. Sint et eaque dignissimos dolores in nulla. Voluptatibus dolor ipsam voluptatibus ut. Nesciunt et saepe alias.
Atque qui ut vero reiciendis. Iusto aliquam consequatur consequatur quaerat sed minus amet qui. Sequi delectus cum ab accusamus ea. Omnis modi debitis quia commodi eveniet temporibus.
Qui maiores fugiat vel saepe id corporis sed. Expedita qui ducimus dolor voluptatibus. Ratione id sequi debitis repudiandae iusto omnis. Reiciendis qui libero exercitationem voluptas occaecati. Sint qui doloribus consequatur et ea quidem voluptatem. Alias veniam non amet tempore deleniti quo voluptas.
Nobis aut nobis quisquam sed molestias sequi quisquam. Porro unde qui et eum nesciunt. Eum esse ipsum pariatur magni.
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...