Interested to see if it’s trickling to this part of the industry. Folks at BX, STWD, KKR, etc definitely compete with banks for talent
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I am at one of the firms you have mentioned and there is no word as of yet
They more than likely won't as real estate is seen as an "escape" from traditional finance roles like IB, PE, HF, etc.
REPE firms have no shortage of IB laterals, plus people who are already in RE trying to make it to buyside. If REPE culture and hours were as bad as banks, then I could see that happening. But since there is plenty of demand for REPE roles, they don't need to increase comp to lure people to come/stay at the firm.
No shot this happens
Base salary was adjusted for me (in one of the top tier shops but not listed above)
Sounds like Carlyle? Lol
IB and RE hiring markets are totally separate. IB pay needs to be high because culture/WLB sucks
I’m saying specifically for the mentioned shops in the topic. I think from an entry level out of college standpoint these firms compete with banks for recruiting talent.
I mean culture/WLB sucks at all the firms listed here
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