Associate Chicago REPE Acq Comp
Anybody have a sense for market salary for 1st year associate doing acquisitions at REPE in Chicago. Any insight appreciated.
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Depends on the firm and strategy in Chicago. If it's an Investment Manager competing on the ODCE, I'd expect anywhere from $110K - $130K + 25% - 50% bonus. If it's a Value/Opportunistic fund focused on yield in addition to fees, I'd expect anywhere from $125K - $150K + 30% - 100% bonus. Ping me if you need more color.
Are you Chicago based? That’s more than I’ve heard generally for Chicago
I have heard Associates are at $110K + $20K for bonuses
Would you mind pinging me, you’re on private
Sorry realized I was also on private
Anyone knows what the firms pay at the Associate level in Chicago?
-Prudential
-Sterling Bay
-LaSalle Investment Management
-CA Ventures
-Ventas
-Cedar Street
-Tishman Speyer
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Sterling Bay, CA Ventures and Tishman are all developers soooo
They do both. Anyway, do you know their most recent comp?
Actual ranges, no. But generally, Sterling Bay is supposedly good pay and CA Ventures isn’t very good according to a couple guys who used to work there.
Was quoted the following during recent pursuits:
$130K - 140K base + 100% bonus for an Acquisitions role at Tishman for Aso3 / Sr. Aso1 title in Chicago
$130K base + $50K bonus for an AM role at PGIM for Aso1 in Chicago
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