Berkadia Investment Sales Reputation/Exit ops
Curious how IS at Berkadia would compare to JLL/CBRE multifamily in terms of reputation in the industry and exit ops, specifically to acquisitions.
Curious how IS at Berkadia would compare to JLL/CBRE multifamily in terms of reputation in the industry and exit ops, specifically to acquisitions.
Career Resources
Do you mean among the brokerages or just avoid brokerage in general?
There are plenty of decent teams at Berkadia - it just depends on what market you're targeting. They're far from being the #1 shop from a volume or name recognition perspective, but they're a solid option.
I'd also say that total volume is a bullshit statistic. The sweet spot in sales brokerage is the mid-upper private capital market ($4M - $8M deal size). I've seen brokers charge anywhere from 2% - 4% & earn higher fees than people slaving away on a 9-figure transaction. I know you were being pretty specific to exit opps, but just putting it out there.
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