Best Track to REPE - Tech IB or Capital Markets

Hi all,

Although I am still young, I am thinking long-term and setting goals to break into REPE. I have talked to numerous people in IB and RE about the best way to set yourself up to break into REPE. I am an undergrad and am considering two internships, and was curious which one would yield a higher likelihood of setting myself up best to be a REPE candidate a few years down the road. Would you suggest interning as an analyst (and hopefully receiving a return offer) at a MM technology M&A investment bank, or Capital Markets (JLL, CBRE). I have received different pieces of advice and opinions and was curious what the people on WSO thought. Any insight you may have would be greatly appreciated. Thank you all for your time and thoughts. 

4 Comments
 
Most Helpful

It seemed to me that the REPE shops that hired out of UG appreciated candidates with some RE experience. I guess there is some value to “demonstrated interest” in the industry and an internship with a solid group will at least have you somewhat familiar with the technical side.

Obviously going into IB would offer more optionality down the line if you decided you didn’t want to work in real estate. I’ll also add that some firms will (almost) only hire candidates who have completed banking stints - but there are a ton of great shops where this isn’t a prerequisite.

Best of luck!

 

Doloremque repudiandae sed maxime non. Dicta minima tenetur asperiores. Quo et est non eius quia doloribus. Dignissimos nihil est eveniet ut sed voluptas.

Sit eius consequatur laborum. Quod sit vel fugit ipsam minus. Consequatur maiores alias reiciendis id recusandae ipsum.

Ea cumque ipsa natus voluptas corrupti a autem dicta. Cum qui dolore eaque. Harum dolores eum delectus saepe non. Consequatur dolorem et voluptatibus nulla nesciunt est architecto nihil. Ad sapiente eaque maiores veritatis fuga consequatur.

Laudantium aliquam a quaerat numquam velit iste. Consequatur asperiores nesciunt esse aut a. Tenetur possimus aliquid laborum voluptas. Et eius exercitationem ut quidem vero magni.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
DrApeman's picture
DrApeman
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”